NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
Details of Production & Sales of Iron Ore (Provisional) for and up to the month of November 202201-12-2022
01-12-2022
NMDC hikes iron prices
The prices are excluding royalty, DMF, NMET, cess, forest permit fee and other taxes30-11-2022
NMDC LTD. - 526371 - Prices Of Iron Ore W.E.F. 30-11-2022
Sub: Prices of Iron Ore w.e.f. 30-11-2022 - Reg Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; BSE Equity Scrip ID: 526371, NSE Security ID: NMDC; Kindly note that the prices of Iron Ore w.e.f. 30-11-2022 has been fixed as under: i) Lump Ore (65.5%, 6-40mm) @ Rs. 4,100/- per ton ii) Fines (64%, -10mm) @ Rs. 2,910/- per ton Note: The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.30-11-2022
Neutral NMDC; target of Rs 124: Motilal Oswal
Motilal Oswal recommended Neutral rating on NMDC with a target price of Rs 124 in its research report dated November 14, 2022.25-11-2022
Hold NMDC; target of Rs 115: ICICI Direct
ICICI Direct recommended hold rating on NMDC with a target price of Rs 115 in its research report dated November 15, 2022.24-11-2022
NMDC prospects improve on earnings upgrade post rollback of export duties
Export duty revocation is positive for NMDC as iron ore exports would help domestic pricing with domestic ore prices at a steep discount to international prices.21-11-2022
NMDC LTD. - 526371 - Prices Of Iron Ore W.E.F. 17-11-2022
Kindly note that the prices of Iron Ore w.e.f. 17-11-2022 has been fixed as under: i) Lump Ore (65.5%, 6-40mm) @ Rs. 3,800/- per ton ii) Fines (64%, -10mm) @ Rs. 2,610/- per ton Note: The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.17-11-2022
Iron ore prices cast chill over NMDC earnings
In Q2, earnings before interest, tax, depreciation, and amortization (Ebitda) per tonne dropped to a multi-quarter low of 1,009, thanks to a confluence of factors such as adverse mix, sale of high cost inventory amid lower prices, and weak demand15-11-2022
NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of the Unaudited Financial Results for the second quarter and half year ended 30th September 202215-11-2022
NMDC Q2 net profit declines 62% to Rs 885 crore due to lower income
State-owned NMDC on Monday posted a 62 per cent fall in its consolidated net profit to Rs 885.65 crore during the quarter ended September, mainly on account of lower income. It had clocked a Rs 2,339.58 crore net profit during the July-September period of the preceding fiscal, according to a regulatory filing. The company's total income fell to Rs 3,754.77 crore in the second quarter of the current financial year from Rs 6,882.44 crore in the year-ago period. During the same period, expenses were at Rs 2,569.63 crore as against Rs 3,742.64 crore. The company is a leading iron ore miner.14-11-2022