Page 2 - Nmdc Share

Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%

The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.

Weak outlook emerges for NMDC as strong steel cycle appears to have peaked

Most analysts have a hold rating on the stock of India's largest iron ore mining company

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166

A total of 219.5 mn shares were put on the block by govt;OFS) has garnered bids for 220.45 mn shares from institutional investors--1.15 times the shares on offer to them

Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr

Will sell its 4% stake, or 117.2 million shares, at a floor price of Rs 165 each, a near 6% discount to Monday's closing price

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

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

NMDC has scope for value-unlocking for investors with demerger plan

Steel plant demerger, improved return ratios for mining business, high dividend yield key positives

Weak volumes, iron ore demand take sheen off NMDC's Q3 performance

While domestic outlook was seen improving post recent iron ore price hikes and rising steel output, coronavirus could curb gains

NMDC to seek major investor in its first steel plant

The shares extended gains to as much as 2.9 per cent at Rs 124 in Mumbai, the biggest intraday jump in more than two weeks