Company Profile

NMDC LTD.

NSE : NMDCBSE : 526371ISIN CODE : INE584A01023Industry : Mining & MineralsHouse : PSU
BSE153.401.75 (+1.15 % )
PREV CLOSE (Rs.) 151.65
OPEN PRICE (Rs.) 152.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 978944
TODAY'S LOW / HIGH (Rs.)152.05 154.35
52 WK LOW / HIGH (Rs.)79.15 213.15
NSE153.55 1.95 (+1.29 % )
PREV CLOSE(Rs.) 151.60
OPEN PRICE (Rs.) 152.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 153.55 (25616 )
VOLUME 9832276
TODAY'S LOW / HIGH(Rs.) 152.30 154.40
52 WK LOW / HIGH (Rs.)79.4 213.2

Company News

Date Heading Details
11-Oct-2021 NMDC wins two environment awards <p align="justify">NMDC has bagged Gold Award in Environmental Sustainability category and Kumaraswamy Iron Ore Mine bagged Platinum Award in Environment Management category.</p><p align="justify">NMDC is selected for the awards based on its contribution towards implementation of Sustainable Development Goals and Environment Management initiatives at its production projects.<br></p><p align="justify">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.<br></p>
06-Oct-2021 Announcement under Regulation 30 (LODR)-Change in Directorate Sub: Intimation of appointment of Shri Dilip Kumar Mohanty as Director (Production) on the Board of the Company Notice is hereby given that Shri Dilip Kumar Mohanty has been appointed as Director (Production) on the Board of NMDC Limited from the date of his assumption of charge of the post (i.e., 5th October 2021) till the date of his superannuation i.e., 30th June 2024, or until further orders, whichever is earlier, vide Ministry of Steel, Government of India's order No. 3/1/2020-BLA dated 5th October 2021. Brief Profile of Shri Dilip Kumar Mohanty is enclosed at Annexure. Disclosure of relationship between Directors: None of the other Directors on the Board of NMDC Limited are related to Shri Dilip Kumar Mohanty. We hereby affirm that Shri Dilip Kumar Mohanty is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. Please take note of the above appointment.
05-Oct-2021 NMDC fixes prices of iron ore <p align="justify">NMDC has fixed the prices of iron ore with effect from October 05, 2021. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 5,950 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 4,760 per ton. The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.<br></p><p align="justify">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.<br></p>
05-Oct-2021 NMDC informs about updates on prices of iron ore <p align="justify">NMDC has informed that the prices of Iron Ore with effect from 05-10-2021 has been fixed as: Lump Ore (65.5%, 6-40mm) at Rs 5,950 per ton; Fines (64%, -10mm) at Rs 4,760 per ton.</p><p align="justify">The above information is a part of company's filings submitted to BSE. </p>
01-Oct-2021 NMDC planning to achieve 47 million tonnes of iron ore production in FY22 <p align="justify">NMDC is planning to achieve 47 million tonnes of iron ore production during the current financial year (FY22) and also plans to spend Rs 3,720 crore on capital expenditure. The iron and steel industry will see exciting opportunities from rapid developments through digitalisation and automation, infrastructure initiatives, reorganisation of urban centres and energy transformation.<br></p><p align="justify">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.<br></p>
01-Oct-2021 NMDC moves up on planning to achieve 47 million tonnes of iron ore production in FY22 <p align="justify">NMDC is currently trading at Rs. 144.75, up by 1.80 points or 1.26% from its previous closing of Rs. 142.95 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 143.30 and has touched a high and low of Rs. 144.75 and Rs. 141.00 respectively. So far 136403 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.15 on 12-May-2021 and a 52 week low of Rs. 78.05 on 14-Oct-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 148.40 and Rs. 138.60 respectively. The current market cap of the company is Rs. 41643.91 crore.<br></p><p align="justify">The promoters holding in the company stood at 68.29%, while Institutions and Non-Institutions held 24.94% and 6.77% respectively.<br></p><p align="justify">NMDC is planning to achieve 47 million tonnes of iron ore production during the current financial year (FY22) and also plans to spend Rs 3,720 crore on capital expenditure. The iron and steel industry will see exciting opportunities from rapid developments through digitalisation and automation, infrastructure initiatives, reorganisation of urban centres and energy transformation.<br></p><p align="justify">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.<br></p>
01-Oct-2021 Announcement under Regulation 30 (LODR)-Change in Directorate Change in Directors - Intimation of retirement of Shri Alok Kumar Mehta, Director (Commercial), NMDC Limited
29-Sep-2021 Newgen Software, Infosys and Rail Vikas Nigam to see some action today <p align="justify"><strong>Newgen Software Technologies</strong> has partnered with Tata Consultancy Services (TCS)-a leading global IT services, consulting, and business solutions organization-to deploy an enterprise-wide content repository and a multi-channel, multi-lingual communication suite for the Banking Service Bureau (BSB) in Israel.<br></p><p align="justify"><strong>Infosys</strong> has launched Leads and Proposals Solution as part of SAP's industry cloud portfolio for the professional services industry. This cloud-native business-to-business (B2B) solution, part of Infosys Cobalt, leverages predictive analytics, the SAP Analytics Cloud solution, and the SAP Conversational AI service, integrated with SAP S/4HANA Cloud to drive innovation in the professional services sector.<br></p><p align="justify"><strong>Rail Vikas Nigam</strong> has secured contract from Madhya Pradesh Metro Rail Corporation for ‘Design and Construction of Seven Elevated Metro Rail Stations including Viaduct portion within the stations and Transition spans on either side of the stations, Entry- Exit Structures, Architectural Finishes, E&amp;M Works etc. (ISBT/MR 10 Flyover, Chandragupta Square, Hira Nagar Bapat Square Meghdoot Garden, Vijay Nagar Square &amp; Radisson Square)' of Indore Metro Rail Project. The company has secured contract for Rs 381.95 crore. <br></p><p align="justify"><strong>Godrej industries</strong> has raised Rs 750 crore through Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) and allotted 7,500 NCDs having Face Value of Rs 10 lakh each at par. The proceeds of the Issue are proposed to be used for business purposes, investments in body corporate, repayment / prepayment of certain loans and for general corporate purposes.<br></p><p align="justify"><strong>Bajaj Finserv</strong> has incorporated wholly owned subsidiary company namely ‘Bajaj Finserv Ventures' on September 27, 2021. <br></p><p align="justify"><strong>KPI Global Infrastructure</strong> has successfully commissioned 600 KW (AC) / 693 KW (DC) Solar Power Plant for N. J. Textile Industries, Surat under Captive Power Producer (CPP) category.<br></p><p align="justify"><strong>NMDC</strong> R&amp;D Centre and CSIR-IMMT have signed a MoU to pursue joint Research and Development projects. The primary focus of the collaboration between NMDC and CSIR-IMMT will be the development of indigenous technology for making the Indian mineral industry self-reliant.<br></p>
29-Sep-2021 NMDC surges on partnering with CSIR for R&D Projects <p align="justify">NMDC is currently trading at Rs. 141.65, up by 1.15 points or 0.82% from its previous closing of Rs. 140.50 on the BSE.</p><p align="justify">The scrip opened at Rs. 139.00 and has touched a high and low of Rs. 141.65 and Rs. 138.95 respectively. So far 163198 shares were traded on the counter.</p><p align="justify">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 213.15 on 12-May-2021 and a 52 week low of Rs. 78.05 on 14-Oct-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 147.00 and Rs. 137.35 respectively. The current market cap of the company is Rs. 41145.71 crore.</p><p align="justify">The promoters holding in the company stood at 68.29%, while Institutions and Non-Institutions held 24.94% and 6.77% respectively.</p><p align="justify">NMDC R&amp;D Centre and CSIR-IMMT have signed a MoU to pursue joint Research and Development projects. The primary focus of the collaboration between NMDC and CSIR-IMMT will be the development of indigenous technology for making the Indian mineral industry self-reliant.</p><p align="justify">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.<br></p>
28-Sep-2021 NMDC, CSIR partner for R&D Projects <p align="justify">NMDC R&amp;D Centre and CSIR-IMMT have signed a MoU to pursue joint Research and Development projects. The primary focus of the collaboration between NMDC and CSIR-IMMT will be the development of indigenous technology for making the Indian mineral industry self-reliant.</p><p align="justify">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.<br></p>