Company Profile

NMDC has been honoured with 'National HR BEST Practices Award 2019' by the National Institute of Personal Management (NIPM). The Gold category award recognizes the best-in-class workplace practices that affect enterprise-wide success in using Human Resource as a strategic business tool for enhanced results. The company has been recognised for their unique and constructive Human Resource Practices. The company has been accorded this special recognition for its industry leading and progressive HR practices.

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 has conferred with two coveted awards for its excellence in unique CSR initiatives at Apex India CSR Excellence Awards - 2019. NMDC’s Bacheli Iron Ore Mining Complex (BIOM) bagged Platinum Award in CSR EXCELLENCE category and Gold Award for its Education City in CSR PROJECT OF THE DECADE category at Apex India CSR Excellence Awards - 2019. These awards are conferred to NMDC BIOM Bacheli Complex in recognition of its unique CSR initiatives that have been taken to uplift the tribal community, provide opportunities for local tribal youth and women to gain meaningful employment and for livelihood generation in Bastar region of Chhattisgarh.

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 has fixed the prices of iron ore with effect from November 17, 2020. The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 4000 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 3610 per ton. The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.

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’s board has approved a share buyback proposal of up to Rs 1,378 crore. The board approved a proposal for buyback of 13,12,43,809 fully paid-up equity shares of a face value of Re 1 each from the company's shareholders at a price of Rs 105 per equity share payable in cash.

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 is currently trading at Rs. 90.95, up by 0.25 points or 0.28% from its previous closing of Rs. 90.70 on the BSE.

The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 91.95 and Rs. 89.90 respectively. So far 332040 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 139.50 on 23-Jan-2020 and a 52 week low of Rs. 62.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 95.45 and Rs. 88.25 respectively. The current market cap of the company is Rs. 27862.83 crore.

The promoters holding in the company stood at 69.65%, while Institutions and Non-Institutions held 24.89% and 5.36% respectively.

NMDC’s board has approved a share buyback proposal of up to Rs 1,378 crore. The board approved a proposal for buyback of 13,12,43,809 fully paid-up equity shares of a face value of Re 1 each from the company's shareholders at a price of Rs 105 per equity share payable in cash.

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.