SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NMDC’s iron ore production stood at 6.82 MT during Q1 of 2012-13

25 Oct 2012 Evaluate

State-owned iron ore miner, NMDC’s iron ore production during the first quarter of the financial year stood at 6.82 million tonnes (MT) as compared to 6.07 MT during previous year showing a growth of about 12%. The production during the first half of 2012-13 was 12.24 MT as compared to 13.15 MT during the previous year. The production was impacted due to heavy rainfall during the July to September period.

The company had carried forward with its diversification plans during the review period. The company awarded almost all the major packages for the 3 MTPA Integrated Steel Plant at Nagarnar within a short span of time. It has also started work for the blast furnace, raw material handling system and coke ovens.

Besides, NMDC embarked upon expansion and diversification plans in India and abroad and is completing projects like 1.2 MTPA Pellet Plant in Donimalai, development of Deposit-11B Mine in Bailadila Sector, Chhattisgarh and Kumaraswamy Mine in Karnataka.

Further, the company is also developing process flow sheet for upgrading low grade iron ores such as BHJ from 41.5% Fe to 64% Fe, based on which the company is setting up a beneficiation plant at Donimalai, Karnataka.

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:

×