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NMDC gains on producing 3.31 MT of iron ore in January

03 Feb 2020 Evaluate

NMDC is currently trading at Rs. 105.55, up by 0.45 points or 0.43% from its previous closing of Rs. 105.10 on the BSE.

The scrip opened at Rs. 106.00 and has touched a high and low of Rs. 108.40 and Rs. 103.75 respectively. So far 117985 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 139.50 on 23-Jan-2020 and a 52 week low of Rs. 74.80 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 127.90 and Rs. 101.75 respectively. The current market cap of the company is Rs. 32363.75 crore.

The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 23.70% and 4.03% respectively.

NMDC has reported 3.31 million tonne (MT) of iron ore production and logged sales volume of 2.96 MT in the month of January 2020. The company’s Chhattisgarh mines produced 2.74 MT of iron ore and registered sales volume of 2.40 MT, while Karnataka mines produced 0.57 MT of iron ore and sold 0.56 MT of iron ore in January 2020.

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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