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Last 99.70 INR
Change Today -1.30 / -1.29%
Volume 2.2M
NMDC On Other Exchanges
Natl India
As of 7:06 AM 09/1/15 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.

NMDC Limited Reports Unaudited Stand-Alone Earnings Results for First Quarter Ended June 30, 2015

NMDC Limited reported unaudited stand-alone earnings results for first quarter ended June 30, 2015. For the quarter, the company’s net sales/income from operations (net of excise duty) was INR 18,052.8 million compared to INR 34,745 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 10,625.7 million compared to INR 23,621 million a year ago. Profit from ordinary activities before tax was INR 15,513.1 million compared to INR 29,039.2 million a year ago. Net profit was INR 10,101.2 million or INR 2.55 per basic and diluted share before and after extraordinary items compared to INR 19,150.1 million or INR 4.83 per basic and diluted share before and after extraordinary items for the same period a year ago.

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.


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NMDC Competitors

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