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NMDC advances on slashing iron lumps ore prices by Rs 200 per tonne

05 Dec 2014 Evaluate

NMDC is currently trading at Rs. 139.95, up by 0.10 points or 0.07 % from its previous closing of Rs. 139.85 on the BSE.

The scrip opened at Rs. 140.50 and has touched a high and low of Rs. 141.35 and Rs. 139.10 respectively. So far 100005 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 196.15 on 06-Jun-2014 and a 52 week low of Rs. 123.10 on 12-Mar-2014.

Last one week high and low of the scrip stood at Rs. 142.60 and Rs. 133.30 respectively. The current market cap of the company is Rs. 55466.38 crore.

The promoters holding in the company stood at 80.00 % while Institutions and Non-Institutions held 17.38 % and 2.61 % respectively.

National Mineral Development Corporation (NMDC), a state-run iron ore miner, has revised the prices of Iron Ore for the month of December, 2014. The state-owned company had reduce the prices of Lump Ore for the month of November, 2014 by Rs 200 a tonne to Rs 4200/WMT, while rolled over the last month's price for fines. The price revision was based on supply-demand factors.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

NMDC Share Price

89.78 2.60 (2.98%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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