NMDC's 'Made in China' problems to trigger earnings downgrade, says Kotak Equities; stock falls 4%
"NMDC's fines prices are at a 35% premium to export parity and we expect a sharp cut in prices, likely in April 2024. We also believe that the best volume growth is behind us in 11MFY24 and will see only a moderate 3.8% CAGR over FY2024-26E, similar to last decade," the Kotak note said.
CMR College wins HMA-NMDC Sustainability and Business Quiz
Organised in association with the NMDC, the quiz saw participation from 30 colleges in the preliminary round NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
Details of production and sales of iron ore (provisional) for and up to the month of February 2024.
NMDC Probes Mishap That Killed Four Workers At Its Chhattisgarh Site
On Tuesday, four contractual workers lost their lives while two others received injuries due to the collapse of rock formations at NMDC's Kirandul complex. NMDC LTD. - 526371 - Press Release - Update On Kirandul Incident.
Press Release - Update on Kirandul incident. Short Take: NMDC F&O contracts adjustment
The stock price and all derivatives contracts will be adjusted for the dividend amount of 5.75 NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper advertisement in respect of record date for Interim dividend for FY 2023-24 NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of NMDC Limited post Q3 FY24 - Analyst / Investors Conference Call held on 15th February 2024 is enclosed.
Buy NMDC; target of Rs 261: Prabhudas Lilladher
Prabhudas Lilladher is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 261 in its research report dated February 15, 2024.
NMDC Q3 Results Review - Performance Remains Strong; More To Follow: Yes Securities
In 9M FY24, the company has been performing well operationally and we expect the same to continue for the last quarter of the financial year.