Aug 13, 2022 12:43 PM IST

NMDC targets 46 million tonnes of iron ore production in FY23

NMDC has appointed new consultant for the fifth line of screening and the downhill conveyor augmentation project at Bacheli mine, which is expected to be ready in the current year and add about 2.5 MT of production.

Hold NMDC; target of Rs 122: Sharekhan

Sharekhan recommended Hold rating on NMDC with a target price of Rs 122 in its research report dated August 08, 2022.

Neutral NMDC; target of Rs 124: Motilal Oswal

Motilal Oswal recommended Neutral rating on NMDC with a target price of Rs 124 in its research report dated August 07, 2022.

Buy NMDC target of Rs 135: ICICI Direct

ICICI Direct is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 07, 2022.

Top 10 trading ideas by experts for next 3-4 weeks as market stays bullish despite volatility

The momentum could get concentrated to fewer stocks and sectors and hence, traders need to be very selective in stock picking for trading, expert advises

NMDC Consolidated June 2022 Net Sales at Rs 4,767.07 crore, down 26.8% Y-o-Y

NMDC Standalone June 2022 Net Sales at Rs 4,767.07 crore, down 26.8% Y-o-Y

Govt should roll back export duty on low-grade iron ore; more price cuts unlikely: NMDC’s MD Sumit Deb

The Indian government announced steep tariffs on eight steel items as well as iron ore and pellets in May to curb inflation.

NMDC to complete demerger of Nagarnar Steel Pant by Q2FY23, says MD Sumit Deb

Driven by strategic imperatives, the country's largest iron ore mining company NMDC forayed into pellet making and the integrated steel plant at Nagarnar near Bastar in Chattishgarh

NMDC Q1 PAT may dip 39.3% YoY to Rs. 1,938.6 cr: Prabhudas Lilladher

Net Sales are expected to increase by 30.9 percent Y-o-Y (down 32.9 percent Q-o-Q) to Rs. 4,497.2 crore, according to Prabhudas Lilladher.

NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD Sumit Deb

The demerger of NSP from NMDC is progressing, Deb who was in the national capital, told PTI.

NMDC: Is it a good time to enter?

Investors need to watch out for the demerger of the steel plant for NMDC

NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on June 7

The Centre is aiming to complete the demerger of NSP from MMDC within the next four to five months, according to an official document.

Government trying to chill steel prices some more

In May, the government had waived customs duty on the import of some raw materials including coking coal and ferronickel, which helped reduce prices.

NMDC Consolidated March 2022 Net Sales at Rs 6,702.24 crore, down 2.12% Y-o-Y

NMDC Q4 net profit falls 36% to Rs 1,813 crore

State-owned NMDC had clocked Rs 2,835.54 crore net profit during the January-March quarter of 2020-21, the company said in a regulatory filing.

NMDC Q4 PAT may dip 16% YoY to Rs. 2,391 cr: ICICI Direct

Net Sales are expected to increase by 2 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 6,956 crore, according to ICICI Direct.

Buy NMDC; target of Rs 220 : Motilal Oswal

Motilal Oswal is bullish on NMDC recommended buy rating on the stock with a target price of Rs 220 in its research report dated April 12, 2022.

NMDC hikes lump ore rate by Rs 100 per tonne; Rs 200 for fines

The price hike came at a time when steel prices in India are trading at an all-time high. Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rate of steel.

NMDC produces record 40 MT iron ore, aims 42 MT output in FY22

New Delhi, Mar 19 State-owned miner NMDC on Saturday announced that it has touched a record iron ore production of 40 million tonnes (MT) in ..

NMDC: Higher volumes, dividend yield to support valuation

Investors tracking NMDC need to watch out for steel plant de-merger timelines, proper commissioning

Hot Stocks | Here is why you should bet on Granules India, NMDC for short term

Traders can look to buy Granules India on a decline at around Rs 305 for a near-term target of Rs 322. The stoploss can be placed at Rs 294

Buy NMDC; target of Rs 216 : Motilal Oswal

Motilal Oswal is bullish on NMDC recommended buy rating on the stock with a target price of Rs 216 in its research report dated March 08, 2022.

Hot Stocks | NMDC, Balrampur Chini Mills, MTAR Technologies can give up to 12% return in short term; here's why

Balrampur Chini Mills has broken out from the downward sloping channel on the daily line chart. Sugar sector has been showing strength for last many months and the same is expected to continue in the coming days. Indicators and oscillators have been showing strength in the current uptrend. Stock is placed above important moving averages.

Buy NMDC: target of Rs 200: Sharekhan

Sharekhan is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 200 in its research report dated March 04, 2022.