Search result for 'nmdc'

NMDC Raises Iron Ore Prices by Rs 400/tonne

October 1, 2024 18:19

India's largest iron ore miner, NMDC, has increased lump ore and fines prices by Rs 400 per tonne, effective immediately. The price hike aligns with rising global iron ore prices following China's...

RINL Merger with SAIL: Govt Aims to Save Vizag Plant

September 27, 2024 14:28

India's government is considering merging RINL with SAIL to rescue the Vizag plant. The move aims to address financial and operational challenges faced by the steelmaker.

NMDC Iron Ore Output Grows 10% in FY24

September 24, 2024 18:47

NMDC achieved record production and sales of iron ore in FY24, with output rising 10% to 45 million tonnes and sales up 16% to 44.48 million tonnes. The company's CMD highlighted the strong...

Metal Stocks Surge on China Stimulus | National Aluminium, Tata Steel Jump

September 24, 2024 18:06

Metal stocks in India rallied on Tuesday after China announced stimulus measures to support its economy and property market. National Aluminium and Tata Steel were among the top gainers.

NMDC Explores Overseas Mining for Critical Minerals

September 12, 2024 16:23

NMDC, India's largest iron ore miner, is pursuing mining opportunities for critical minerals like lithium, cobalt, and nickel overseas, including Australia. The company also plans to double...

SAIL to Participate in Critical Mineral Mission: Chairman

September 5, 2024 13:10

SAIL, India's largest steel maker, is open to joining the Critical Mineral Mission, aiming to secure domestic and foreign sources of critical minerals for clean energy technologies. The mission...

NMDC Iron Ore Production Drops 9.9% in August

September 2, 2024 22:12

NMDC, India's largest iron ore miner, reported a 9.9% decline in production in August, reaching 3.07 million tonnes. The company's sales also decreased to 3.14 million tonnes in the same period.

NMDC Steel Achieves 1 MT HRC Production in a Year

August 21, 2024 13:45

NMDC Steel Limited (NSL) has achieved a significant milestone by producing 1 million tonnes of hot rolled coil (HRC) at its Nagarnar plant in Chhattisgarh within a year of operation. The company's...

Metal Stocks Slump: NMDC Tanks 6% After SC Mining Royalty Verdict

August 14, 2024 17:38

Metal stocks tumbled on Wednesday following the Supreme Court's ruling on mining royalties, with NMDC plummeting 6%. The verdict allows states to claim dues from 2005, potentially impacting the...

NMDC Net Profit Rises 18% to Rs 1,963 Crore in Q1

August 13, 2024 12:54

NMDC's net profit surged 18% to Rs 1,963 crore in the June quarter, driven by reduced expenses. The company's total income also grew, while expenses declined.

Market Sentiment: Macro Data, Q1 Earnings, Global Trends

August 11, 2024 10:02

Analysts predict macroeconomic data, Q1 earnings, and global trends to influence Indian equity markets this week. Focus is on global weakness, high prices, and institutional flows.

NMDC Iron Ore Production Down 11% in July

August 1, 2024 17:54

NMDC's iron ore production fell 11% to 2.17 million tonnes in July, while sales rose to 3.06 million tonnes. Learn more about the company's performance.

Former SAIL CMD Joins Shyam Metalics as Independent Director

July 4, 2024 16:44

Chandra Shekhar Verma, former CMD of SAIL, has joined Shyam Metalics and Energy Ltd as an independent director, contributing to the company's strategic advisory board.

NMDC unveils new state-of-the-art R&D facility in Hyderabad

June 18, 2024 18:42

NMDC unveils a new state-of-the-art R&D facility in Hyderabad, focusing on sustainable mineral processing and steel technology. The facility boasts cutting-edge labs and a team of experts.

NMDC Iron Ore Output Drops 37% in May | Sales Down 22%

June 2, 2024 13:48

NMDC's iron ore production fell 37% in May 2024 to 2.34 MnT, while sales declined 22% to 2.82 MnT. The company also increased prices of lump ore and fines.

NMDC Raises Iron Ore Prices by Rs 250/tonne

May 28, 2024 12:16

NMDC, India's largest iron ore miner, has increased the price of lump ore by Rs 250/tonne and fines by Rs 350/tonne, effective immediately. The price hike is expected to impact steel prices.

NMDC Q4 Profit Down 38% to Rs 1416 Cr - Business News

May 27, 2024 22:30

NMDC's net profit fell by 38% to Rs 1,415.62 crore in Q4 FY24 due to increased expenses. Read more about the company's financial performance.

Indian Markets: Gradual Up-Move Expected Ahead of Election Results

May 26, 2024 10:03

Indian equity markets are expected to witness a gradual up-move this week, driven by global cues and earnings season. Investors will track global trends, election results, and key economic data...

India to Acquire Graphite Mines in Sri Lanka

May 22, 2024 20:02

India is in talks with Sri Lanka to acquire graphite mines, driven by increasing demand for the material used in lithium-ion batteries. The deal is in early stages.

Coal India, NMDC & ONGC Videsh Seek Critical Minerals Abroad

May 15, 2024 13:32

India's Coal India, NMDC & ONGC Videsh will actively scout for critical mineral assets abroad, including lithium, copper, nickel, and cobalt, to support clean energy technology.

NMDC Iron Ore Production Up 13% in Apr-Feb - Business News

March 1, 2024 17:52

NMDC's iron ore production increased 13% in Apr-Feb 2023-24, reaching 40.24 million tonnes. Sales also surged 21% to 40.48 MT during the period.

BNP Paribas Sells Rs 5,125 Crore Shares in 12 Companies

February 29, 2024 22:36

BNP Paribas Arbitrage sold shares of 12 companies, including Punjab National Bank and Bharat Heavy Electricals Ltd, for Rs 5,125 crore through open market transactions.

NMDC Investigates Fatal Chhattisgarh Mine Collapse

February 28, 2024 13:55

NMDC is investigating a rock formation collapse at its Chhattisgarh site that killed four workers and injured two. The company has expressed condolences to the families.

NMDC Shares Surge 5% on Strong Q4 Earnings

February 15, 2024 18:54

NMDC shares closed 5% higher on Thursday, driven by a robust net profit for the December quarter. The company's total income also surged, driven by higher demand for iron ore.

NMDC Iron Ore Output Jumps 15% in Q3 2023

February 15, 2024 16:19

NMDC's iron ore production surged 15% to 12.22 MT in Q3 2023, driven by strong steel demand in India. Sales also rose 19% to 11.39 MT.

NMDC Shares Surge 5%, Hit 52-Week High

February 15, 2024 12:01

NMDC shares soared over 5% on Thursday, hitting a 52-week high after the company reported a strong rise in net profit for the December quarter.

NMDC Net Profit Jumps 62% to Rs 1,470 Crore in Q3

February 14, 2024 18:00

NMDC's net profit surged by 62% to Rs 1,469.73 crore in the December quarter, driven by higher income. The company's total income also witnessed a significant rise.

PNB, Union Bank & 3 Firms Added to MSCI Global Index

February 13, 2024 22:46

PNB, Union Bank, NMDC, BHEL, and GMR Airports Infra have been included in the MSCI Global Standard Index in the February review. The modifications will take effect on February 29.

TDP MP Urges Centre to Review Vizag Steel Divestment

February 9, 2024 14:06

TDP MP Kanakamedala Ravindra Kumar demands review of Centre's decision to divest government stake in Visakhapatnam Steel Plant (RINL).

DIPAM to Focus on Ongoing Privatizations in FY'25

February 4, 2024 10:48

The Department of Investment and Public Asset Management (DIPAM) will focus on concluding ongoing privatisation transactions, like IDBI Bank and BEML, in the next fiscal year. DIPAM Secretary Tuhin...

SAIL & NMDC Directors Suspended for Misconduct

January 20, 2024 15:42

The Steel Ministry has suspended three directors from SAIL and NMDC for alleged misconduct. The suspension follows investigations by Lokpal. Read more.

NMDC Boosts Iron Ore Production for Domestic Demand

January 18, 2024 21:23

NMDC, India's largest iron ore producer, is increasing production to meet domestic steel demand, with no plans for exports to China despite high international prices.

Strategic Sale of CPSEs: Land Record Digitization & NLMC Role

January 16, 2024 12:19

Experts urge government to expedite CPSE privatization by promoting land record digitization and empowering NLMC to interact with state revenue departments for updating records.

India's Disinvestment Target Missed Again in FY24

December 25, 2023 11:04

India's disinvestment target for FY24 is likely to be missed again as the government prioritizes minority stake sales over outright privatization ahead of general elections.

NMDC Iron Ore Production & Sales Surge in Apr-Nov 2023

December 1, 2023 14:18

NMDC, India's leading iron ore producer, reports a significant increase in production and sales during April-November 2023, showcasing strong growth in the sector.

SAIL to Double ICVL Coal Production in Mozambique

November 6, 2023 15:54

SAIL plans to double the production capacity of International Coal Ventures Pvt Ltd (ICVL) in Mozambique to 4 million tonnes per annum, with an investment of USD 150-200 million.

NMDC Subsidiary Inaugurates Gold Mine in Australia

November 5, 2023 21:15

NMDC's subsidiary, Legacy Iron Ore, has inaugurated its first gold mine in Australia, expanding the company's mineral portfolio. The Mount Celia Gold Operation is located in Western Australia.

NMDC Iron Ore Production Rises 19% in Apr-Oct

November 1, 2023 16:02

NMDC's iron ore production surged 19% in April-October, reaching 19.71 MT. Sales also climbed to 23.99 MT, driven by strong demand. Learn more about NMDC's performance.

Company Name
Price
Volume

Jaiprakash Power Ven
20.12 (+ 4.96)
60298865

Vodafone Idea L
9.87 ( -3.05)
51345961

RattanIndia Power
16.90 (+ 4.90)
35505535

Evexia Lifecare
3.98 (+ 0.76)
34274666

Spicejet Ltd.
65.58 ( -3.74)
29076648

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