nmdc

'Investors can deploy sell-on-rise stance for the coming week towards 11,400'

Any upside towards the 11,400-mark can be used to go short, with a stop loss of 11,554, says Mehul Kothari

NMDC Q2 PAT seen up 19.1% YoY to Rs. 758 cr: ICICI Direct

Net Sales are expected to decrease by 12.4 percent Y-o-Y (down 34.6 percent Q-o-Q) to Rs. 2,135 crore, according to ICICI Direct.

ICICI Securities sees Nifty at 13,400 in next one year; L&T, NMDC among top 10 picks

ICICI Securities, in a recent note, maintained its one-year target for the Nifty at 13,400, which translates into an upside of 20 percent from current levels.

NMDC cuts iron ore prices by Rs 200 per tonne

The revised prices exclude royalty, DMF (District Mineral Fund), NMET (National Mineral Exploration Trust), cess, forest permit fee and other taxes.

NMDC shares fall 3% after reduction in lumps, fines prices

The state-owned iron ore mining company cut lumps price by Rs 200 per tonne to Rs 2,700 per tonne.

NMDC restores Rs 1,395 cr order to BHEL for setting up raw material handling system at steel plant

In July, NMDC had sent a notice to terminate the contract awarded to BHEL for setting up the system.

Hold NMDC; target of Rs 115: ICICI Direct

ICICI Direct recommended Hold rating on NMDC with a target price of Rs 115 in its research report dated August 16, 2019.

NMDC iron ore prices remain flat in August; output jumps 37% in July

NMDC has kept the prices of lump ore and fines unchanged at Rs 3,100 per tonne and Rs 2,860 per tonne, respectively, with effect from August 3, according to a regulatory filing.

NMDC Q1 net up 21% at Rs 1,178 cr

The company had posted a profit of Rs 974.29 crore in the year-ago quarter, NMDC said in a filing to the BSE.

NMDC Q1 PAT seen up 34.8% YoY to Rs. 1,314.5 cr: Kotak

Net Sales are expected to increase by 39.3 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 3,374.8 crore, according to Kotak.

NMDC issues termination notice to BHEL for delaying Rs 1,395-cr RMHS order

On June 26, NMDC issued a notice to engineering firm BHEL invoking termination clause, seeking reply from the engineering firm, as the latter has not been able to complete a Rs 1,395-crore contract awarded to it in 2011, whose completion date was February 28, 2014.

NMDC Q1 PAT seen up 25.1% YoY to Rs. 1,220.1 cr: ICICI Direct

Net Sales are expected to increase by 34.2 percent Y-o-Y (down 10.8 percent Q-o-Q) to Rs. 3,250.6 crore, according to ICICI Direct.

NMDC Q1 PAT seen up 89.5% YoY to Rs. 1,847.8 cr: Prabhudas Lilladher

Net Sales are expected to increase by 35.9 percent Y-o-Y (down 9.7 percent Q-o-Q) to Rs. 3,290.4 crore, according to Prabhudas Lilladher.

Market Headstart: Nifty likely to open flat; 3 stocks which could give 4-9% return

Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 1.5 points or 0.01 percent. Nifty futures were trading around 11,752-level on the Singaporean Exchange.

Hold NMDC; target of Rs 115: ICICI Direct

ICICI Direct recommended hold rating on NMDC with a target price of Rs 115 in its research report dated May 30, 2019.

Will Niyamgiri repeat itself in Bailadila?

The adivasis were protesting the proposed mining of a hill, considered sacred. The hill was to be mined by NCL, a joint venture between NMDC and the state's Mineral Development Corporation.

NMDC drops 6% after Chhattisgarh govt halts mining amid protests

Nearly 70 percent of NMDC's sales came from Chhattisgarh mines in FY19

Except Kumaraswamy mines, NMDC halts iron ore production in all its mines

Thousands of tribals, under the banner of the Sanyukt Panchayat Samiti, have resorted to protest against iron ore mining on hills in the deposit no. 13 since June 7.

Golden Cross on charts: Buy Bharat Electronics, PFC and NMDC for double digit returns

When a medium-term moving average (50-day) crosses above a longer-term moving average (200-days) it is termed as a Golden Cross

NMDC Standalone March 2019 Net Sales at Rs 3,643.32 crore, down 6.17% Y-o-Y

NMDC Q4 profit rises 31% to Rs 1,453 cr

Total income during the March quarter declined to Rs 3,839.40 crore from Rs 4,053.16 crore in January-March 2018, the statement said.

NMDC iron ore output jumps 20% to 2.90 MT

The company produced 2.21 MT iron ore from its mines in Chhattisgarh, while its production from Karnataka mines stood at 0.69 MT.

NMDC mulls acquiring 100% stake in its Aussie arm-Legacy Iron

Amitava Mukherjee, Director (Finance), NMDC, said the Indian iron ore miner currently holds 76 percent in Legacy Iron Ore Limited,a Perth-based Australian exploration company focussed on development of iron ore, gold and base metal deposits.

NMDC Q4 PAT seen up 31.7% YoY to Rs. 1,456.8 cr: ICICI Direct

Net Sales are expected to decrease by 2.1 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 3,801.7 crore, according to ICICI Direct.

NMDC Q4 PAT may dip 13.4% YoY to Rs. 958.3 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 16.9 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs. 3,226 crore, according to Prabhudas Lilladher.