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NMDC moves up on reporting 2.20 MT production of iron ore up to April 2016

05 May 2016 Evaluate

NMDC is currently trading at Rs. 93.80, up by 0.40 points or 0.43% from its previous closing of Rs. 93.40 on the BSE.

The scrip opened at Rs. 92.55 and has touched a high and low of Rs. 93.95 and Rs. 92.55 respectively. So far 75683 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 136.55 on 06-May-2015 and a 52 week low of Rs. 75.20 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 100.00 and Rs. 92.40 respectively. The current market cap of the company is Rs. 37129.57 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 17.35% and 2.65% respectively.

NMDC has reported 2.20 million tonnes (MT) of iron ore production and logged sales volume of 2.55 MT up to April 2016. The company’s Chhattisgarh mines produced 1.56 MT of iron ore and registered sales volume of 1.64 MT while Karnataka mines produced 0.64 MT of iron ore and sold 0.91 up to April 2016.

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.

 

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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