NMDC has received an in-principle approval for incorporation of a wholly owned subsidiary of the company at GIFT City, Gujarat and opening of NMDC Liaison Offices at Dubai, UAE and Brisbane/Melbourne, Australia.
The Board of Directors of the Company in its meeting held on January 8, 2025 accorded in-principle approval for the same, subject to approval of Ministry of Steel, DIPAM and any other authority as may be required.
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 | 443.70 |
| NMDC | 90.89 |
| GMDC | 611.90 |
| Sandur Manganese | 215.70 |
| MOIL | 291.85 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: