NMDC shares : In morning trade, the 30-share benchmark BSE Sensex gained 50.28 points or 0.07 percent to 71,873.11 points, while the NSE Nifty rose 0.1 percent to 21,861.25 points.
NMDC shares
New Delhi: Shares of NMDC shares on Thursday jumped more than 5 percent a day after the state-owned company reported a rise in net profit in the December quarter.
NMDC shares jumped more than 5 percent on Thursday after the state-owned company reported a rise in net profit in the December quarter.
Shares of the company climbed 5.31 percent to Rs 248 apiece on the BSE.
Shares of NMDC gained 5.29 percent to Rs 248 apiece on the NSE.
In intraday trade, the NMDC shares scrip touched a 52-week high of Rs 252.65 and Rs 252.40 on BSE and NSE, respectively.
In morning trade, the 30-share benchmark BSE Sensex gained 50.28 points or 0.07 percent to 71,873.11 points, while the NSE Nifty rose 0.1 percent to 21,861.25 points.
State-owned NMDC shares on Wednesday reported a 62 percent rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, helped by higher revenue, in a regulatory filing on Wednesday.
It posted a net profit of Rs 903.89 crore in the year-ago period, the mining company said.
The company’s total income rose to Rs 5,746.47 crore from Rs 3,924.75 crore a year ago, it added.
The company’s board also approved an interim dividend of Rs 5.75 per share for 2023-24 and fixed February 27 as the cut-off date for the purpose.
NMDC, under the Ministry of Steel, is India’s largest iron ore mining company, contributing around 20 percent of the country’s demand for the key raw material for steelmaking.
Shares of the company climbed 5.31 percent to Rs 248 apiece on the BSE.
Shares of NMDC gained 5.29 percent to Rs 248 apiece on the NSE.
In intraday trade, the NMDC scrip touched a 52-week high of Rs 252.65 and Rs 252.40 on BSE and NSE, respectively.
In morning trade, the 30-share benchmark BSE Sensex gained 50.28 points or 0.07 percent to 71,873.11 points, while the NSE Nifty rose 0.1 percent to 21,861.25 points.
State-owned NMDC on Wednesday reported a 62 percent rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, helped by higher revenue, in a regulatory filing on Wednesday.
It posted a net profit of Rs 903.89 crore in the year-ago period, the mining company said.
The company’s total income rose to Rs 5,746.47 crore from Rs 3,924.75 crore a year ago, it added.
The company’s board also approved an interim dividend of Rs 5.75 per share for 2023-24 and fixed February 27 as the cut-off date for the purpose.
NMDC, under the Ministry of Steel, is India’s largest iron ore mining company, contributing around 20 percent of the country’s demand for the key raw material for steelmaking.
NMDC shares
New Delhi: Shares of NMDC shares on Thursday jumped more than 5 percent a day after the state-owned company reported a rise in net profit in the December quarter.
NMDC shares jumped more than 5 percent on Thursday after the state-owned company reported a rise in net profit in the December quarter.
Shares of the company climbed 5.31 percent to Rs 248 apiece on the BSE.
Shares of NMDC gained 5.29 percent to Rs 248 apiece on the NSE.
In intraday trade, the NMDC shares scrip touched a 52-week high of Rs 252.65 and Rs 252.40 on BSE and NSE, respectively.
In morning trade, the 30-share benchmark BSE Sensex gained 50.28 points or 0.07 percent to 71,873.11 points, while the NSE Nifty rose 0.1 percent to 21,861.25 points.
State-owned NMDC shares on Wednesday reported a 62 percent rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, helped by higher revenue, in a regulatory filing on Wednesday.
It posted a net profit of Rs 903.89 crore in the year-ago period, the mining company said.
The company’s total income rose to Rs 5,746.47 crore from Rs 3,924.75 crore a year ago, it added.
The company’s board also approved an interim dividend of Rs 5.75 per share for 2023-24 and fixed February 27 as the cut-off date for the purpose.
NMDC, under the Ministry of Steel, is India’s largest iron ore mining company, contributing around 20 percent of the country’s demand for the key raw material for steelmaking.
Shares of the company climbed 5.31 percent to Rs 248 apiece on the BSE.
Shares of NMDC gained 5.29 percent to Rs 248 apiece on the NSE.
In intraday trade, the NMDC scrip touched a 52-week high of Rs 252.65 and Rs 252.40 on BSE and NSE, respectively.
In morning trade, the 30-share benchmark BSE Sensex gained 50.28 points or 0.07 percent to 71,873.11 points, while the NSE Nifty rose 0.1 percent to 21,861.25 points.
State-owned NMDC on Wednesday reported a 62 percent rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, helped by higher revenue, in a regulatory filing on Wednesday.
It posted a net profit of Rs 903.89 crore in the year-ago period, the mining company said.
The company’s total income rose to Rs 5,746.47 crore from Rs 3,924.75 crore a year ago, it added.
The company’s board also approved an interim dividend of Rs 5.75 per share for 2023-24 and fixed February 27 as the cut-off date for the purpose.
NMDC, under the Ministry of Steel, is India’s largest iron ore mining company, contributing around 20 percent of the country’s demand for the key raw material for steelmaking.
