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Last 100.00 INR
Change Today +3.25 / 3.36%
Volume 2.6M
NMDC On Other Exchanges
Natl India
As of 7:06 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

nmdc ltd (NMDC) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/8/14 - 187.80
52 Week Low
08/24/15 - 90.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for NMDC LTD (NMDC)

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nmdc ltd (NMDC) Details

NMDC Limited is engaged in the exploration, development, and evaluation of iron ore and gold assets in India and Australia. It explores for iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also focuses on coal and gold properties, as well as platinum group of elements, and bauxite. It has interests in the Bailadila iron ore mine located in Kirandul Complex, Chattisgarh; the Bailadila iron ore mine located in Bacheli Complex, Chattisgarh; an iron ore mine located in Donimalai, Karnataka; and Panna diamond mining project located in Panna, Madhya Pradesh. NMDC Limited, formerly known as National Mineral Development Corporation Limited, was founded in 1958 and is headquartered in Hyderabad, India.

Founded in 1958

nmdc ltd (NMDC) Top Compensated Officers

Director of Technical, Director, Member of Sh...
Total Annual Compensation: 2.1M
Director of Personnel and Director
Total Annual Compensation: 2.7M
Compensation as of Fiscal Year 2014.

nmdc ltd (NMDC) Key Developments

Government To Sell Minority Stakes In Public Sector Companies

The government will look to sell minority stakes in Oil and Natural Gas Corp. Ltd. (NSEI:ONGC), NTPC Ltd. (NSEI:NTPC), NMDC Limited (BSE:526371), Bharat Heavy Electricals Ltd. (BSE:500103), Bharat Electronics Limited (BSE:500049) and Oil India Limited (NSEI:OIL), among others.

Govt Might Scrap Plan To Hire Banks For Stake Sale

The government is considering scrapping the banker appointment process for stake sales in five state-run companies including NMDC Limited (BSE:526371), Oil India Limited (NSEI:OIL), MMTC Ltd. (BSE:513377), Container Corporation of India Ltd. (NSEI:CONCOR), and India Tourism Development Corp., Ltd. (BSE:532189). The department of disinvestment at the finance ministry might not hire advisers for the asset sale following banker presentations earlier in the day, they said, asking not to be identified as the information is private.

Govt Reportedly Selects bankers for divestments Of Stakes In PSU’s

The government on August 5, 2015, selected investment bankers for divesting a part of its stakes in 10 state-owned companies, according to two people aware of the development. The government had divided these 10 companies into two baskets of five each, according to data available on the website of Department of Divestment. Basket one comprises Oil India Limited (NSEI:OIL), Container Corporation of India Ltd. (NSEI:CONCOR), NMDC Limited (BSE:526371), MMTC Ltd. (BSE:513377) and India Tourism Development Corp., Ltd. (BSE:532189). The second basket consists of power producer NTPC Ltd. (NSEI:NTPC), Bharat Electronics Limited (BSE:500049), Engineers India Limited (BSE:532178), National Aluminium Co. Ltd. (BSE:532234) and Hindustan Copper Ltd. (BSE:513599). The government is looking to sell stakes of between 5% and 15% in these firms. SBI Capital Markets Limited, ICICI Securities Limited and Yes Bank Limited (BSE:532648) were chosen as the investment bankers for the companies in the first basket. SBI Capital Markets Limited, ICICI Securities Limited, Edelweiss Financial Services and Deutsche Bank AG were selected to manage the sale of stakes in the second basket of companies, the two people mentioned above said on condition of anonymity.


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