MoneyWorks4Me

NMDC marks its place in CNX NIFTY Index

01 Apr 2013 Evaluate

State-owned iron ore miner, National Mineral Development Corporation (NMDC) has been included in CNX NIFTY Index with effect from April 01, 2013. The company’s inclusion was commemorated with the opening Bell Ceremony in Dr. R H Patil Auditorium, National Stock Exchange of India, Bandra Kurla Complex, Mumbai.

NMDC, India's top ore miner, accounts for about 15 per cent of iron ore mined in the country, with annual production capacity of 30 million tonnes.

Peers
Company Name CMP
Coal India 423.45
NMDC 81.44
Ashapura Minechem 527.55
Sandur Manganese 183.75
GMDC 559.00
View more..