Govenment to divest stake in NMDC, stock up

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NMDC touched an intraday high of Rs 392.60 and an intraday low of Rs 374. At 1:20 pm, the share was quoting at Rs 382.65, up Rs 25.70, or 7.20%.

Govenment is going to divest stake in Kudremukh Iron Ore, Manganese Ore, NMDC. NMDC sale may fetch between Rs 10,351 crore-Rs 24,704 crore. NMDC is listed with 1.62% market float and rest stake is with Government of India. It may divested between 8.38%-20%, reports CNBC-TV18.
 
It was trading with volumes of 610,533 shares, compared to its five-day average of 244,111 shares, an increase of 150.11%.

Share Price Movement During The Last 12 Months
Period	Price	Latest Price	Gain/Loss (Rs.)	% Gain/Loss
3-Days	320.00	382.65	62.65	19.58
5-Days	309.10	382.65	73.55	23.79
7-Days	329.90	382.65	52.75	15.99
15-Days	358.75	382.65	23.90	6.66
1-Month	403.50	382.65	-20.85	-5.17
3-Month	206.20	382.65	176.45	85.57
6-Month	151.85	382.65	230.80	151.99
9-Month	184.15	382.65	198.50	107.79
1-Year	226.80	382.65	155.85	68.72