Page 12 - Nmdc

NMDC, MOIL trade weak; boards approve share buyback proposal

In past four trading sessions, MOIL and NMDC were up between 6%-10% as compared to 1% rise in Sensex till yesterday.

NMDC, MOIL to buy back 25% shares

The value of the buyback would be about Rs 10,000 cr, and the government is expecting Rs 6,500 cr from the buyback

NMDC gains as board to consider share buyback

The board will meet on June 07, 2016 to to consider proposal for buyback of equity shares

NMDC Q4 net profit declines 59% to Rs 553 crore

The company's net sales in the year-ago period was Rs 2,826.54 crore

PSEB initiates process to appoint CMD of NMDC

PSEB had earlier recommended the name of Gopal Singh, for NMDC's top post

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.