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2025-05-05 02:07:23 pm | Source: Accord Fintech
NMDC gains on reporting 15% rise in iron ore production during April
NMDC gains on reporting 15% rise in iron ore production during April

NMDC is currently trading at Rs. 66.05, up by 0.79 points or 1.21% from its previous closing of Rs. 65.26 on the BSE.

The scrip opened at Rs. 65.70 and has touched a high and low of Rs. 66.42 and Rs. 64.80 respectively. So far 430441 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 95.35 on 21-May-2024 and a 52 week low of Rs. 59.56 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 67.20 and Rs. 64.40 respectively. The current market cap of the company is Rs. 58105.12 crore.

The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 26.84% and 12.35% respectively.

NMDC has reported a 15 per cent rise in its iron ore production and 3 per cent growth in sales of the mineral in April. It produced 4 million tonnes (MnT) iron ore in April 2025, higher from 3.48 MnT in same month last year. NMDC sold 3.63 MnT iron ore April 2025, up from 3.53 MnT in April 2024.

The company's pellet production soared to an all-time high of 0.23 lakh tonnes, surpassing the previous April record set in 2018.

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.

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