Chart Check: W' shaped pattern seen on NMDC weekly charts; what should investors do?
The stock hit a 52-week high of Rs 131 on 13th January 2023 but failed to hold on to the momentum. It found support above Rs 100 level once in May 2023 and then again in June 2023.
NMDC LTD. - 526371 - Extension Of Additional Charge Of The Post Of CMD, NMDC To Shri Amitava Mukherjee, Director (Finance), NMDC Ltd.
Extension of additional charge of the post of CMD, NMDc to Shri Amitava Mukherjee, Director (Finance) for a further period w.e.f. 01.09.2023 to 19.01.2023 or till a regular incumbent joins the post or until further orders, whichever is the earliest. NMDC LTD. - 526371 - Prices Of Iron Ore W.E.F. 18.07.2023
Prices of Iron Ore w.e.f. 18.07.2023 is as per document attached. NMDC LTD. - 526371 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Compliance certificate under Reg. 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is attached herewith.
Best-ever June in terms of production sets NMDC shares on a rally
The state-owned miner in an exchange filing said it produced 3.48 million tonnes and sold 4.1 million tonnes (MnT) of iron ore in the third month of FY24.
State-owned NMDC iron ore output grows 20% 10.70 MT in April-June
State-owned NMDC has posted 20 per cent growth in iron ore production to 10.70 million tonne (MT) in the first quarter of FY24. NMDC produced 8.92 MT of iron ore during April-June of FY23, the company said in a regulatory filing. Sales rose to 11.15 MT from 7.66 MT in the year-ago period, registering a 45 per cent rise. "NMDC's contribution to the country's economy continues to make massive headway in meeting the increase in the demand for iron ore. Our record of highest ever Q1 and June production and sales since inception resonates with our agile and diligent investments in mine planning, expansion and very efficient human assets," its CMD Amitava Mukherjee said. Hyderabad-based NMDC (formerly known as National Mineral Development Corporation) under the Ministry of Steel contributes over 17-20 per cent to India's total iron ore production. NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release - ''NMDC records best ever June Month and Q1 Performance''. NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
Details of Production & Sales of Iron Ore (Provisional) for and upto the month of June 2023.
Iron ore miner NMDC plans $61 mn investment to foray into gold mining
NMDC is "on track" to secure a lease for the Chigargunta-Bisanatham gold block soon, having signed a letter of intent over the project with the state government late last year NMDC LTD. - 526371 - Closure of Trading Window
In pursuance of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company''s Internal Code of Conduct for Prevention of Insider Trading, the trading window for dealing with the securities of the Company shall remain closed for all Insiders including Designated Persons and their immediate relatives from 1st July 2023 and end 48 hours after the declaration of the Unaudited financial results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2023.