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Page 11 - Nmdc

Surge in steel price opens up room for companies to increase rates

Steel prices started rallying from March after the Chinese New Year holiday

Surge in steel price opens up room for companies to increase rates
Updated On : 21 Apr 2021 | 11:28 PM IST

Stocks to watch: TCS, Infosys, Ambuja Cements, NMDC, Balrampur Chini

Shakti Pumps (India) on Sunday said it is planning business expansion next year as the company eyes a bigger share in the Centre's PM-KUSUM scheme of solar water pumps

Stocks to watch: TCS, Infosys, Ambuja Cements, NMDC, Balrampur Chini
Updated On : 12 Apr 2021 | 8:54 AM IST

NMDC output up 65%, sales jump 51% despite pandemic, inoperative Donimalai

Production and sales in March were the highest ever in the company's history

NMDC output up 65%, sales jump 51% despite pandemic, inoperative Donimalai
Updated On : 01 Apr 2021 | 4:36 PM IST

NMDC gains 2% on hike in iron ore prices; stock goes ex-dividend today

The prices of lumps & fines have been increased by Rs 250 & Rs 100 per tonne, respectively.

NMDC gains 2% on hike in iron ore prices; stock goes ex-dividend today
Updated On : 22 Mar 2021 | 12:40 PM IST

Stocks to watch: MTAR Tech, SBI Card, Vodafone Idea, Titan, JSPL, NMDC

SBI Cards and Payment Services on Friday said it has received the board's nod to raise up to Rs 2,000 crore by issuing bonds

Stocks to watch: MTAR Tech, SBI Card, Vodafone Idea, Titan, JSPL, NMDC
Updated On : 15 Mar 2021 | 8:52 AM IST

Short-term trend in Nifty bearish, stay stock-specific: Vinay Rajani

The trend of midcap and smallcap stocks has been strong and stock specific bullishness is likely to continue

Short-term trend in Nifty bearish, stay stock-specific: Vinay Rajani
Updated On : 03 Mar 2021 | 9:04 AM IST

NMDC Donimalai mine ops to improve domestic iron ore supply: Experts

Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material, experts say.

NMDC Donimalai mine ops to improve domestic iron ore supply: Experts
Updated On : 21 Feb 2021 | 4:01 PM IST

Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF

NMDC announced resuming mining operations at its Donimalai iron ore mine in Karnataka

Stocks to watch: Bharti Airtel, IDFC First Bank, NMDC, Ambuja Cements, DLF
Updated On : 19 Feb 2021 | 8:41 AM IST

Mining resumes at state-owned NMDC's Donimalai mine in Karnataka

State-owned NMDC on Thursday announced resuming mining operations at its Donimalai iron ore mine in Karnataka

Mining resumes at state-owned NMDC's Donimalai mine in Karnataka
Updated On : 19 Feb 2021 | 1:22 AM IST

NMDC zooms 6% on report Credit Suisse initiates coverage, sees 45% upside

Credit Suisse has initiated coverage on the stock with an 'Outperform' rating. It also has a target price of Rs 162 on the stock

NMDC zooms 6% on report Credit Suisse initiates coverage, sees 45% upside
Updated On : 16 Feb 2021 | 10:12 AM IST

NMDC consolidated net profit jumps 53% to Rs 2,108 crore in Dec quarter

The company had posted a net profit of Rs 1,375 crore during the same quarter a year ago, NMDC said in a BSE filing

NMDC consolidated net profit jumps 53% to Rs 2,108 crore in Dec quarter
Updated On : 08 Feb 2021 | 10:45 PM IST

NMDC Q3 results: Net profit soars 53.4% YoY to Rs 2,108 crore

The revenue from operations rose 44.8 per cent to Rs 4,355.10 crore in the December quarter

NMDC Q3 results: Net profit soars 53.4% YoY to Rs 2,108 crore
Updated On : 08 Feb 2021 | 7:02 PM IST

After years of underperformance, NMDC stock strikes when iron is hot

Rally fuelled by global rise in iron prices; stock trading at P/E multiple of 13x

After years of underperformance, NMDC stock strikes when iron is hot
Updated On : 08 Jan 2021 | 12:30 AM IST

Steel stocks hit fresh high on price hike, improvement in production

Stocks of all major steel producers hit a new one-year high with Tata Steel leading the pack

Steel stocks hit fresh high on price hike, improvement in production
Updated On : 08 Jan 2021 | 12:24 AM IST

Metals extend rally on strong demand; Tata Steel zooms 97% in 3 months

At 02:15 pm, Nifty Metal index was the top gainer among sectoral indices, up 4% against 0.28% rise in the Nifty50 index

Metals extend rally on strong demand; Tata Steel zooms 97% in 3 months
Updated On : 07 Jan 2021 | 2:55 PM IST

NMDC mine in Panna district will not be closed: Madhya Pradesh CM Shivraj

The National Mineral Development Corporation (NMDC) mine in Panna district will not be closed, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said

NMDC mine in Panna district will not be closed: Madhya Pradesh CM Shivraj
Updated On : 04 Jan 2021 | 11:17 AM IST

NMDC posts over 23% rise in iron ore output at 3.86 mn tonne in December

In the year-ago period, the miner had produced 3.13 MT iron ore from its mines, NMDC said in a BSE filing

NMDC posts over 23% rise in iron ore output at 3.86 mn tonne in December
Updated On : 01 Jan 2021 | 8:21 PM IST

NMDC gains 5% on higher iron ore prices; stock surges 24% in a month

The rally in global iron ore prices augurs well for NMDC as it provides the domestic iron ore major likely room to increase its prices further, thereby auguring well for the company.

NMDC gains 5% on higher iron ore prices; stock surges 24% in a month
Updated On : 11 Dec 2020 | 11:35 AM IST

Selling few iron ore blocks infrequently creates artificial deficit: Jindal

Says people end up paying a huge premium and then the assets become unsustainable

Selling few iron ore blocks infrequently creates artificial deficit: Jindal
Updated On : 09 Dec 2020 | 9:53 PM IST

Govt extends NMDC's Donimalai iron ore lease after two-year suspension

Centre signs agreement with Karnataka govt and Ministry of Steel in this respect

Govt extends NMDC's Donimalai iron ore lease after two-year suspension
Updated On : 04 Dec 2020 | 5:32 PM IST