NMDC shares gain over 5% on buyback plan
NMDC shares gained as much as 5.26 per cent on Friday after the company informed bourses that the board of directors will meet on June 7 to consider a proposal to buyback company's shares.
Jun 03, 2016
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NMDC shares closed 14.10 per cent up at Rs 89.80 after the state-run iron ore miner posted 58.8 per cent decline in standalone net profit at Rs 655.04 crore for the quarter ended December 31, 2015.
Feb 15, 2016
NMDC Q3 profit drops by 59 per cent to Rs 655 crore
State-run iron ore miner NMDC today posted 58.8 per cent decline in standalone net profit at Rs 655.04 crore for the quarter ended December 31, 2015, due to fall in iron ore prices.
Feb 12, 2016
NMDC expects demand for iron-ore to increase in second-half of this fiscal
After facing a challenging environment, National Mineral Development Corporation Ltd (NMDC Ltd) expects the demand for steel to increase during the latter part of the year.
Sep 29, 2015
Need government support to check iron ore imports: NMDC
State-owned miner NMDC has said it needs government support in terms of allocation of iron ore mines to check increasing import pressure from international biggies like Rio Tinto and BHP Billiton.
Sep 16, 2015
NMDC shares fall over 4% post weak Q1 results
NMDC shares fell over 4 per cent intraday after the state-owned iron ore miner announced disappointing Q1 numbers for June quarter on Tuesday.
Aug 12, 2015
Subdued demand hits NMDC Q1 net profit; falls 47% to Rs 1,010 crore
Country's top iron ore miner NMDC today reported a massive 47 per cent decline in its net profit at Rs 1,010 crore for the April-June quarter of the current fiscal, hit by subdued demand which impacted ore sales.
Aug 11, 2015
NMDC to soon finalise land in West Singhbhum for Jharkhand plant
Country's top iron ore miner NMDC may soon secure 3,000-acre land in Jharkhand's West Singhbhum district for its proposed 6 million tonne steel plant.
Aug 09, 2015
NMDC banks on Modi’s visit to Kazakhstan
India’s largest iron ore miner NMDC is banking on government-to-government understanding for exploring greenfield mining projects in Kazakhstan...
Jun 18, 2015
Lower sales drag NMDC profit 31% to Rs 1,347 crore
Iron ore major NMDC has reported a 31% fall in net profit to Rs 1,347 crore for the quarter ended March 31 against a net profit of Rs 1,962 crore...
May 29, 2015
NMDC Q4 net falls 31 pct; plans Rs 3,500 cr capex for FY16
State-run NMDC is planning a capex of Rs 3,500 crore for the current financial year even as the company reported...
May 28, 2015
NMDC retains price for May on weak demand
Even as global iron ore prices have shown some upturn in recent times, state-run NMDC has decided not to increase ...
Surya Sarathi Ray
May 12, 2015
LIC ups holding in NMDC to 10%, stake valued at Rs 5,440 cr
Insurance behemoth LIC has bought 7.98 crore shares, or 2.13 per cent, of NMDC to take its total stake in the state-run iron ore miner to 10.12 per cent...
Apr 12, 2015
Narendra Singh Tomar rules out equity participation for SAIL in NMDC’s Chhattisgarh venture
Steel and mines minister Narendra Singh Tomar on Friday ruled out giving SAIL...
Apr 04, 2015
NMDC, SAIL, RINL augmenting capacities
NMDC, SAIL and RINL are executing modernisation and expansion plan to augment their hot metal capacity.
Mar 10, 2015
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