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NMDC surges despite reporting 17.51% decline in Q1 net profit

07 Aug 2013 Evaluate

NMDC is currently trading at Rs. 99.50, up by 4.65 points or 4.90% from its previous closing of Rs. 94.85 on the BSE.

The scrip opened at Rs. 94.05 and has touched a high and low of Rs. 103.50 and Rs. 92.90 respectively. So far 539371 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 200.90 on 29-Aug-2012 and a 52 week low of Rs. 92.65 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 101.80 and Rs. 92.65 respectively. The current market cap of the company is Rs. 39984.16 crore.

The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.28 % and 3.72% respectively.

NMDC has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has reported 17.51% decline in its net profit at Rs 1572.19 crore for the quarter, as compared to Rs 1906 crore for the same quarter in the previous year.  Total income of the company has decreased marginally by 0.02% to Rs 3391.53 crore for the quarter under review as compared to Rs 3392.49 crore for the quarter ended June 30, 2012.

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

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..

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