Advertisement

NMDC shares surges amid reporting strong iron ore production and sales growth

NMDC Ltd reports November 2025 iron ore production at 5.01 MT and sales at 4.17 MT. Shares rise 1.37% to Rs 76.42 as cumulative FY26 output reaches 31.48 MT.

NMDC shares surges amid reporting strong iron ore production and sales growth
Advertisement

New Delhi: Shares of NMDC Ltd are trading in higher zone by 1.37% as the state-owned company has released its provisional iron ore production and sales figures for November 2025, showing both monthly and cumulative growth compared to the previous year.

According to the filing, NMDC produced 5.01 million tonnes (MT) of iron ore in November 2025, an increase from 4.51 MT in November 2024. Sales during the month stood at 4.17 MT, slightly higher than 4.00 MT recorded in the same month last year.

 

In the Chhattisgarh sector, monthly production reached 3.58 MT, compared to 3.27 MT in November 2024, while sales were 2.87 MT, marginally lower than 2.90 MT last year. Meanwhile, the Karnataka production stood at 1.43 MT versus 1.24 MT a year earlier, with sales improving to 1.30 MT from 1.10 MT in November 2024.

On the cumulative basis for FY 2025–26 (up to November 2025), NMDC achieved 31.48 MT of iron ore production, significantly higher than 26.06 MT recorded during the corresponding period of the previous fiscal. The Cumulative sales stood at 30.28 MT, up from 27.84 MT a year ago.

The stock opened in today’s trading session at Rs 75.69, and reached to an intraday high of Rs 76.63 till now. The 52-week high of the stock is reported at Rs 82.83 and the market capitalization of the company is at Rs 67.19K crore. The dividend yield is at 4.32%.

Shares of NMDC are currently trading higher by 1.37% at Rs 76.42 at BSE

Advertisement
Join PSU Connect on WhatsApp now for quick updates!Whatsapp Channel

Loading newsletter...

Advertisement