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NMDC inches up on reporting 18% rise in iron ore production in October

03 Nov 2026 Evaluate

NMDC is currently trading at Rs. 68.31, up by 0.01 points or 0.01% from its previous closing of Rs. 68.32 on the BSE.

The scrip opened at Rs. 68.74 and has touched a high and low of Rs. 69.41 and Rs. 68.20 respectively. So far 253409 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 97.49 on 03-Jun-2026 and a 52 week low of Rs. 65.15 on 23-Oct-2026.

Last one week high and low of the scrip stood at Rs. 69.41 and Rs. 66.75 respectively. The current market cap of the company is Rs. 60056.91 crore.

The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 27.42% and 11.79% respectively.

NMDC has registered a 18.03% rise in its iron ore production to 5.04 million tonnes (MT) in October 2026, compared with 4.27 MT produced in October 2025. However, the company's iron ore sales declined by 11.57% to 3.44 MT in October 2026, from 3.89 MT in the corresponding month of the previous year.

The company's Chhattisgarh mines produced 3.36 MT of iron ore and recorded sales of 1.90 MT in October 2026, compared with 3.06 MT and 2.77 MT, respectively, in October 2025. Meanwhile, its Karnataka mines produced 1.68 MT of iron ore and registered sales of 1.54 MT, compared with production of 1.21 MT and sales of 1.12 MT in the corresponding month last year.

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 408.75
NMDC 68.12
Ashapura Minechem 417.55
Sandur Manganese 164.10
GMDC 425.60
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