NMDC trade higher on the BSE
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NMDC is currently trading at Rs. 132.20, up by 0.45 points or 0.34% from its previous closing of Rs. 131.75 on the BSE.
The scrip opened at Rs. 131.10 and has touched a high and low of Rs. 133.05 and Rs. 130.30 respectively. So far 164790 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 175.40 on 11-Apr-2022 and a 52 week low of Rs. 99.60 on 15-Jul-2022.
Last one week high and low of the scrip stood at Rs. 134.50 and Rs. 126.00 respectively. The current market cap of the company is Rs. 38361.63 crore.
The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 28.03% and 11.18% respectively.
NMDC is taking the first step for obtaining Mining Lease (ML) & executing the ML deed to start the mining operations at Chigargunta-Bisanatham Gold Mine Block in Chittoor District, Andhra Pradesh. The miner strikes gold with the Gold Mine block as it is a first of its kind for the company in terms of leveraging its expertise for a multi-mineral outlook and underground mining operations as well. The firm is in the process of calling Expression of Interest (EOI) for appointment of a Consultant for obtaining Mining Lease and Mining Deed
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.
