NMDC is currently trading at Rs. 171.00, up by 2.05 points or 1.21% from its previous closing of Rs. 168.95 on the BSE.
The scrip opened at Rs. 170.80 and has touched a high and low of Rs. 173.40 and Rs. 169.20 respectively. So far 70940 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 304.90 on 07-Apr-2011 and a 52 week low of Rs. 136.15 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 175.00 and Rs. 164.00 respectively. The current market cap of the company is Rs. 68431.00 crore.
The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 9.17% and 0.82% respectively.
State-run NMDC has signed the contract for By Product Plant (BPP) package costing Rs 509.00 crore for the upcoming 3 MTPA Integrated Steel Plant at Nagarnar, with the consortium lead by Shriram EPC (SEPC) on January 10, 2012.
The BPP unit is an important installation in integrated steel making, which processes valuable raw Coke Oven gas from coke ovens to yield by products like TAR, Naphthalene and Sulphur besides clean coke oven gas used in the fuel gas network of the Integrated Steel Plant.
Recently, NMDC has received Australia’s Foreign Investment Review Board’s (FIRB) approval to acquire 50% stake in Legacy Iron Ore, a Perth-based iron ore explorer. NMDC and Legacy will jointly develop Mt Bevan iron ore project in Western Australia. Mt Bevan is considered to hold excellent potential for iron resources that are located close to existing road, rail and port facilities.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
| View more.. | |
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