SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NMDC declines on reducing iron ore prices

20 Apr 2015 Evaluate

NMDC is currently trading at Rs 129.40, down by 4.35 points or 3.25% from its previous closing of Rs 133.75 on the BSE.

The scrip opened at Rs. 130.20 and has touched a high and low of Rs. 130.20 and Rs. 127.70 respectively. So far 105333 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. 123.00 on 26-Mar-2015.

Last one week high and low of the scrip stood at Rs. 139.40 and Rs. 133.10 respectively. The current market cap of the company is Rs. 50748.36 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.74% and 3.26% respectively.

NMDC has reduced prices of iron ore fines by 20% or Rs 500 per tonne to Rs 1,960 per tonne and lump ore prices by 6.1% or Rs 200 per tonne to Rs 3,050 per tonne. The reduction in prices is effective from April 18, 2015.

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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×