Nmdc

Adani firm, NMDC, and Vale sign MoU to develop iron ore blending hub

Adani Ports and Special Economic Zone Limited (APSEZ), through its subsidiary Adani Gangavaram Port Ltd, has signed a strategic Memorandum of Understanding with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and dedicated Special Economic Zone (SEZ) at Gangavaram Port. The MoU was signed at the India-Brazil Business Forum Summit in New Delhi during the official visit of Brazilian President Luiz Inacio Lula da Silva, the company said in a statement. Under the agreement, the three parties will jointly develop, operationalise and manage an SEZ-based ecosystem for blending, value addition and commercialisation of iron ore. The initiative is aimed at strengthening the iron ore export value chain on India's East Coast by improving efficiency, scale and global competitiveness in mineral processing and trade. With the proposed development, the capacity of Gangavaram Port is expected to increase to 75 million tonnes, positioning it as a major export hub for iron ore

Domestic demand and higher volumes to keep growth strong for NMDC

Improved production, steady pricing and rising domestic demand support outlook, though margins and execution risks remain

NMDC Q3FY26 results: Net profit drops 8% to ₹1,747 crore as expenses rise

NMDC Ltd on Tuesday posted around 8 per cent fall year-on-year in consolidated net profit to Rs 1,747.01 crore in the December quarter, impacted by higher expenses. It had reported a net profit of Rs 1,896.66 crore in the October-December period of preceding 2024-25 financial year, the company said in an exchange filing. The company's total income, however, rose to Rs 7,983.38 crore from Rs 6,942.92 crore in the same quarter a year ago, posting a rise of about 15 per cent. NMDC saw expenses rising to Rs 5 608.54 crore from Rs 4 359.07 Q3FY25. The board also approved an interim dividend of Rs 2.50 per equity share of face value of Re 1 each for the financial year 2025-26. NMDC, under the Ministry of Steel, is India's largest iron ore producing entity.

Q3 results: Adani Enterprises, NMDC, Bajaj Finance, 108 others on Feb 3

Q3FY26 company results: Firms including Varun Beverages, Pidilite Industries, Solar Industries India, Zydus Wellness, and Mankind Pharma are also to release their October-December earnings today

NMDC sees 15% growth in December iron ore output, sales grow 19%

State-owned NMDC on Thursday reported a 14.64 per cent year-on-year rise in iron ore production and 18.67 per cent growth in sales in December. The miner produced 5.40 million tonnes (MT) of iron ore in December 2025, higher than 4.71 MT in the same month in 2024. Iron ore sales rose to 6.64 MT in the month under review from 3.91 MT in December 2024. NMDC's cumulative production rose to 36.89 MT in April-December FY26 from 30.77 MT in the nine-month period of the preceding FY25. Sales during the period also surged to 34.92 MT from 31.80 MT in April-December 2024-25. NMDC, under the Ministry of Steel, is India's largest iron ore mining company, catering to the country's over 20 per cent need for the key steel making raw material.

Engineers India, NMDC among top stock picks for today; Check target here

Engineers India, NMDC, and Titan Company are among the top stock picks by Rajesh Bhosale of Angel One

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PNB, HPCL among top 5 stocks in Motilal Oswal quant multi-factor watchlist

LTI Mindtree stock price: Excels with top-tier quality and a significant earnings surprise, making it a robust choice for investors seeking financial stability and recent positive estimate revisions.

NMDC Steel becomes 1st Indian firm to get BIS license for hot rolled steel

The NSL operates with a capacity of 3 million tonne per annum (MTPA) integrated steel plant located at Nagarnar in Bastar district of Chhattisgarh

Tata Steel vs JSW Steel vs NMDC: Which metal stock is JP Morgan bullish on?

JP Morgan has raised Tata Steel's share price target to ₹195 from ₹180, implying an upside potential of 14 per cent from current levels.

Top three stock picks today: Here's what makes Angel One analyst bullish

Ashok Leyland, Dixon Technologies and NMDC are among the top stock picks by Rajesh Bhosale of Angel One

MOFSL recommends top multi-factor stock picks for September 2025; details

Hindalco share price: With steady quality, value, and momentum, Hindalco share presents a consistent and resilient investment choice.

Looking for passive income? Here are 10 stocks with highest dividend yields

The top 10 companies with the highest dividend yields included PTC India, MSTC, Vedanta, Akzo Nobel India, Coal India, NMDC, Hindustan Zinc, La Opala RG, Ashok Leyland, and National Aluminium Company

NMDC shares fall 5% as investors book profit; should you sell too?

NMDC share price declined on the NSE and BSE on profit booking. Here is how analysts are interpreting the iron ore company's Q1 results, stock outlook

NMDC shares rise 2% amid large trade; 1.66 mn shares change hands on BSE

NMDC share price rose 2 per cent, logging an intraday high at ₹69.64 per share amid large trades

NMDC cuts iron ore lump price by ₹600 per tonne, fines by ₹500 per tonne

State-owned NMDC on Tuesday said it has slashed prices of iron ore lump and its fines by Rs 600 and Rs 500 per tonne, respectively, with immediate effect. It has fixed the price of lump ore at Rs 5,700 per tonne and fines at Rs 4,850 a tonne, the country's largest iron ore miner said in a regulatory filing. Lump ores or high-grade iron ores contain 65.5 per cent iron content, while fines are inferior-grade ores with 64 per cent or less iron content. In the last price revision announced on June 4, NMDC had fixed the rate of the lump at Rs 6,300 per tonne and that of fines at Rs 5,350 per tonne. The prices effective from July 1 are inclusive of royalty, district mineral fund (DMF), National Mineral Exploration Trust (DMET) and exclude cess, forest permit fee, transit fee, GST, environmental cess and other taxes. According to market research firm BigMint, "The domestic steel market remained under acute pressure, as prices continued on their downward trajectory. Throughout June, the r

Motilal Oswal top 5 quant strategy stocks for July 2025: Full list here

Stocks to Buy: Motilal Oswal recommends quant strategy for July 2025; here are 5 best tactical bets within the MOFSL universe with a Buy rating.

NMDC plans to hire nearly 1,000 in Chhattisgarh recruitment drive

This recruitment drive is part of the company's expansion strategy, focusing on bolstering operations within Chhattisgarh's strategically vital Bailadila mining sector

Realisation worries, capital expenditure likely to hit NMDC stock

In Q4FY25, volume growth picked up. NMDC implemented price hikes in FY25. In future, volume pick-up and stable realizations will be key

Metal stocks in focus: What should investors do amid global uncertainty?

Metal stocks in focus: Tata Steel, JSW Steel, Vedanta among top metal sector bets by analysts