NMDC is currently trading at Rs. 93.70, up by 0.45 points or 0.48% from its previous closing of Rs. 93.25 on the BSE.
The scrip opened at Rs. 93.25 and has touched a high and low of Rs. 93.80 and Rs. 92.45 respectively. So far 39,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 134.00 on 15-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. 99.20 and Rs. 92.40 respectively. The current market cap of the company is Rs. 37,149.39 crore.
The promoters holding in the company stood at 80.00%, while Institutions and Non-Institutions held 17.35% and 2.65% respectively.
In a bid to make use of satellite-based geological mapping capability for mineral exploration, NMDC has signed memorandum of understanding (MoU) with Indian Space Research Organisation (ISRO). With this MoU, NMDC becomes the first company under the Ministry of Steel to use satellite-based geological mapping.
Under the memorandum, the iron ore major will establish a Remote Sensing and GIS Laboratory at its head office in Hyderabad for interpretation of satellite data.
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.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
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