The Q4 result was announced after market hours on Wednesday, 29 May 2013.
Meanwhile, the S&P BSE Sensex was down 20.30 points or 0.1% at 20,127.34.
On BSE, 80,000 shares were traded in the counter as against average daily volume of 6.79 lakh shares in the past one quarter.
The stock hit a high of Rs 119.40 and a low of Rs 116.60 so far during the day. The stock had hit a 52-week high of Rs 203.40 on 4 July 2012. The stock had hit a 52-week low of Rs 114.70 on 23 May 2013.
The stock underperformed the market over the past one month till 29 May 2013, declining 5.66% compared with the Sensex's 3.92% rise. The scrip had also underperformed the market in past one quarter, sliding 14.89% as against Sensex's 6.82% gain.
The large-cap company has equity capital of Rs 396.47 crore. Face value per share is Re 1.
NMDC said it achieved record production and sales of iron ore in Q4 March 2013. This was accomplished inspite of the slurry pipeline not being available at all for evacuation, NMDC said.
NMDC said it has been pursuing its growth programme vigorously. NMDC, as part of its forward integration programme and value addition, is setting up a 3 million tonnes per annum steel plant at Nagarnar in Chhattisgarh, for which most of the major packages have been finalized and awarded. So far, cumulative orders worth Rs 13475 crore have already been placed and expenditure of over Rs 2346 crore has already been incurred. Works on some of the packages have already started and the project is expected to be completed by 2015-16, NMDC said.
NMDC said it incurred capital expenditure of Rs 1607.24 crore in the year ended 31 March 2013 (FY 2013) under various schemes. For the year ending 31 March 2014 (FY 2014), an expenditure of Rs.2720 crore is planned to be expended, NMDC said.
State-run NMDC is India's single largest iron ore producer and exporter. The Government of India (GoI) holds 80% stake in NMDC (as per the shareholding pattern as on 31 March 2013).
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