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  • Why the government is justified in giving PSUs a choice between buyback or capex Oct 21, 2020 10:15 AM IST

    Why the government is justified in giving PSUs a choice between buyback or capex

    Till date, the government has raised less than three percent of its Rs 2.1 lakh crore divestment target for the current fiscal

  • Govt approves demerger of Nagarnar steel plant from NMDC Oct 14, 2020 06:40 PM IST

    Govt approves demerger of Nagarnar steel plant from NMDC

    The CCEA has taken note that the process of demerger and disinvestment will be initiated in parallel and disinvestment of the demerged company (NSP) is expected to be completed by September 2021, it said.

  • Hold NMDC; target of Rs 100: ICICI Direct Sep 01, 2020 12:24 PM IST

    Hold NMDC; target of Rs 100: ICICI Direct

    ICICI Direct recommended hold rating on NMDC with a target price of Rs 100 in its research report dated August 31, 2020.

  • NMDC Standalone June 2020 Net Sales at Rs 1,937.50 crore, down 40.64% Y-o-Y Sep 01, 2020 09:11 AM IST

    NMDC Standalone June 2020 Net Sales at Rs 1,937.50 crore, down 40.64% Y-o-Y

  • NMDC: A premium shock Aug 31, 2020 01:17 PM IST

    NMDC: A premium shock

    The government's move to allow a premium on renewal of mines by state-owned companies has shocked investors

  • Accumulate NMDC; target of Rs 125: Prabhudas Lilladher Aug 31, 2020 12:47 PM IST

    Accumulate NMDC; target of Rs 125: Prabhudas Lilladher

    Prabhudas Lilladher recommended accumulate rating on NMDC with a target price of Rs 125 in its research report dated August 31, 2020.

  • NMDC — An improved outlook for the near term Aug 31, 2020 09:14 AM IST

    NMDC — An improved outlook for the near term

    High dividend yield and de-merger of the steel plant to support valuation going forward

  • Buy NMDC target of Rs 130: ICICI Securities Aug 28, 2020 04:22 PM IST

    Buy NMDC target of Rs 130: ICICI Securities

    ICICI Securities is bullish on NMDC recommended buy rating on the stock with a target price of Rs 130 in its research report dated August 28, 2020.

  • NMDC share price hits upper circuit after Board approves demerger of iron & steel plant Aug 28, 2020 10:30 AM IST

    NMDC share price hits upper circuit after Board approves demerger of iron & steel plant

    The stock has gained over 27 percent in the last one month

  • NMDC hikes iron ore rates by Rs 300 a tonne Aug 12, 2020 02:00 PM IST

    NMDC hikes iron ore rates by Rs 300 a tonne

    In a filing to BSE, NMDC said it has increased the price of lumps or high-grade iron ore by Rs 300 to Rs 2,950 per tonne, and that of iron ore fines or inferior grade ore by Rs 300 to Rs 2,660 a tonne.

  • Buy NMDC; target of Rs 120: Motilal Oswal Aug 07, 2020 01:56 PM IST

    Buy NMDC; target of Rs 120: Motilal Oswal

    Motilal Oswal is bullish on NMDC recommended buy rating on the stock with a target price of Rs 120 in its research report dated August 04, 2020.

  • Sell NMDC; target of Rs 72: Emkay Global Financial Jul 03, 2020 04:11 PM IST

    Sell NMDC; target of Rs 72: Emkay Global Financial

    Emkay Global Financial is bullish on NMDC has recommended sell rating on the stock with a target price of Rs 72 in its research report dated July 02, 2020.

  • NMDC iron ore output remains flat at 2.52 MT in June Jul 01, 2020 07:53 PM IST

    NMDC iron ore output remains flat at 2.52 MT in June

    The company produced 1.86 MT iron ore from its mines in Chhattisgarh, as compared to 1.67 MT in the year-ago month. The sales stood at 1.83 MT as against 1.80 MT in June 2019.

  • NMDC: A dividend yield play Jun 19, 2020 11:03 AM IST

    NMDC: A dividend yield play

  • Sell NMDC; target of Rs 72: Emkay Global Financial Jun 18, 2020 05:55 PM IST

    Sell NMDC; target of Rs 72: Emkay Global Financial

    Emkay Global Financial is bearish on NMDC has recommended sell rating on the stock with a target price of Rs 72 in its research report dated June 17, 2020.

  • Buy NMDC; target of Rs 130: ICICI Securities Jun 18, 2020 12:39 PM IST

    Buy NMDC; target of Rs 130: ICICI Securities

    ICICI Securities is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 130 in its research report dated June 17, 2020.

  • Buy NMDC; target of Rs 110: Motilal Oswal Jun 18, 2020 07:51 AM IST

    Buy NMDC; target of Rs 110: Motilal Oswal

    Motilal Oswal is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 110 in its research report dated June 16, 2020.

  • NMDC Standalone March 2020 Net Sales at Rs 3,187.34 crore, down 12.52% Y-o-Y Jun 17, 2020 09:22 AM IST

    NMDC Standalone March 2020 Net Sales at Rs 3,187.34 crore, down 12.52% Y-o-Y

  • NMDC Q4 PAT down by 76% at Rs 351 crore Jun 16, 2020 08:59 PM IST

    NMDC Q4 PAT down by 76% at Rs 351 crore

    NMDCs consolidated total income during the fourth quarter was at Rs 3320.95 crore compared to Rs 3,839.52 crore during the same quarter a year ago.

  • Accumulate NMDC; target of Rs 98: Prabhudas Lilladher Jun 03, 2020 09:10 AM IST

    Accumulate NMDC; target of Rs 98: Prabhudas Lilladher

    Prabhudas Lilladher recommended accumulate rating on NMDC with a target price of Rs 98 in its research report dated Jun 02, 2020.

  • NMDC cuts iron ore prices by Rs 400 per tonne May 12, 2020 08:35 PM IST

    NMDC cuts iron ore prices by Rs 400 per tonne

    The price of iron ore fines, which are inferior grade ore, has also been reduced by Rs 400 to Rs 1,960 per tonne.

  • Chhattisgarh says NMDC diverted CSR money to PM Modi's coronavirus fund May 06, 2020 11:00 PM IST

    Chhattisgarh says NMDC diverted CSR money to PM Modi's coronavirus fund

    The state also said the iron ore miner had not paid Rs 1,023 crore in remaining penalties over alleged violations, adding that the miner was not keeping up its commitments that included a housing scheme

  • Coronavirus pandemic | Steel PSUs contribute over Rs 250 crore to PM-CARES Fund Apr 05, 2020 12:16 PM IST

    Coronavirus pandemic | Steel PSUs contribute over Rs 250 crore to PM-CARES Fund

    As per official data, miner NMDC has made the highest contribution among steel PSUs at Rs 155 crore.

  • Steel PSUs pay over Rs 773cr under govt's Vivad se Vishwas scheme Apr 01, 2020 10:42 PM IST

    Steel PSUs pay over Rs 773cr under govt's Vivad se Vishwas scheme

    "Several Central Public Sector Enterprises (CPSEs) under the Ministry of Steel have made payment of due tax to the government under Vivad Se Vishwas scheme by March 31, 2020," it said.

  • Coronavirus lockdown: NMDC to donate Rs 150 Cr to PM Fund for COVID-19 fight Mar 30, 2020 06:52 PM IST

    Coronavirus lockdown: NMDC to donate Rs 150 Cr to PM Fund for COVID-19 fight

    This will be the biggest support offered by any PSE in the country to help the fight against coronavirus so far.

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