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Nmdc Share

NMDC Steel Limited shares debut on stock exchanges at Rs 30.25 apiece

Shares of NMDC Steel Limited on Monday got listed on the stock exchanges -- BSE and NSE. The equity shares of the company was also listed on the Calcutta Stock Exchange, NMDC Steel said in a regulatory filing. "The equity shares of NMDC Steel commenced listing and trading today at BSE and NSE," it said. The stock got listed at Rs 30.25 apiece on the BSE. It settled 4.96 per cent higher at Rs 31.75 per share. On the NSE, the company shares debut at Rs 30.25 and closed 4.95 per cent higher. The company's market valuation stood at Rs 9,304.67 crore on the BSE. NMDC Steel is a newly formed entity post its demerger from mining giant NMDC Limited.

NMDC Steel Limited shares debut on stock exchanges at Rs 30.25 apiece
Updated On : 20 Feb 2023 | 7:51 PM IST

NMDC trades ex-date for demerger; stock surges 14% on heavy volumes

NMDC shareholders will be eligible to get one share of NMDC Steel for every equity share held.

NMDC trades ex-date for demerger; stock surges 14% on heavy volumes
Updated On : 27 Oct 2022 | 11:05 AM IST

NMDC to be excluded from Nifty CPSE index over move to hive off steel arm

NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the rebalancing

NMDC to be excluded from Nifty CPSE index over move to hive off steel arm
Updated On : 12 Jul 2022 | 10:33 PM IST

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.

Nifty Metal index can hit historic high; Hindalco, NMDC may rally up to 17%
Updated On : 04 Feb 2022 | 11:59 AM IST

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

Weak outlook emerges for NMDC as strong steel cycle appears to have peaked
Updated On : 11 Dec 2021 | 1:44 AM IST

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

NMDC's Rs 3,600-cr share sale fully subscribed, most bids come in at Rs 166
Updated On : 07 Jul 2021 | 12:04 AM IST

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

Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr
Updated On : 06 Jul 2021 | 12:35 AM 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

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

NMDC has scope for value-unlocking for investors with demerger plan
Updated On : 30 Aug 2020 | 6:25 AM IST

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

Weak volumes, iron ore demand take sheen off NMDC's Q3 performance
Updated On : 08 Feb 2020 | 2:54 AM IST

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

NMDC to seek major investor in its first steel plant
Updated On : 27 Sep 2017 | 2:22 AM IST