Page 18 - Nmdc

NMDC cuts May iron ore price by up to 11% on weak demand

The company has also cut high-grade iron ore (lumps) prices by 4% to encourage domestic steel mills to procure the raw material from it

Naxals set conveyor belt on fire at NMDC unit in Chhattisgarh

The incident will, however, have least impact on the NMDC business as Naxalites are observing a two-day strike, starting today

NMDC dips on government's plan to divest 10% stake

The government will select four merchant bankers for the stake sale

Govt invites bids from merchant bankers for stake sale in NMDC

The government currently holds 80% stake in the public sector unit, which has a paid up capital of Rs 396.47 crore

NMDC sales, production down in FY16

Company reported sales of 28.87 million tonnes (MT) in 2015-16, down from the 30 MT it clocked in 2014-15

NMDC raises iron ore lump prices; first hike since June 2014

The country's largest iron ore miner increases rate by over 8% to Rs 1,950 per tonne

Ferrous metal stocks' spike: Many questions remain

The sharp gains in stock prices are not supported by proportionate improvement in fundamentals, especially demand, say experts

NMDC dips as stock turns ex-dividend

The stock turned ex-dividend for Rs 9.50 per share.