NMDC gains on the buzz of re-commencing operations of sponge iron unit in Telangana

23 Jan 2019 Evaluate

NMDC is currently trading at Rs. 90.60, up by 0.20 points or 0.22% from its previous closing of Rs. 90.40 on the BSE.

The scrip opened at Rs. 91.65 and has touched a high and low of Rs. 91.65 and Rs. 90.10 respectively. So far 61175 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 152.15 on 23-Jan-2018 and a 52 week low of Rs. 86.45 on 06-Dec-2018.

Last one week high and low of the scrip stood at Rs. 92.70 and Rs. 89.30 respectively. The current market cap of the company is Rs. 28649.03 crore.

The promoters holding in the company stood at 72.43%, while Institutions and Non-Institutions held 22.87% and 4.70% respectively.

NMDC has reportedly re-commenced operations of its sponge iron unit in Paloncha, Telangana, after a long gap of shutdown due to administrative reasons.

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

201.70 2.65 (1.33%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Coal India 433.75
NMDC 201.70
GMDC 343.90
Sandur Manganese 362.40
MOIL 278.45
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.