NMDC Ltd will present their FY26 financial results and potentially declare a final dividend on May 29, 2026. Insider trading is restricted from April 1 to May 31 in compliance with SEBI regulations.
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RVNL secures rail projects valued at INR 1,002 crores from NMDC and West Central Railway for infrastructure and traction enhancements. However, the company's stock has seen a decrease of 11% over the past month, currently trading at INR 272. The year-to-date loss stands at 25%.
Experts advise investors to maintain their positions in Apollo Tyres and Siemens, while considering purchases of JSW Steel, Hero MotoCorp, and NMDC. Vodafone Idea requires careful profit booking due to ongoing challenges like the impact of crude prices on tyre makers and debt issues. However, JSW Steel and NMDC are seen with upside potential, while Siemens shows resilience in the market.
Analysts suggest investing in NMDC, Zydus Lifesciences, Varun Beverages, Max Healthcare, and Tata Steel by May 15, 2026, with estimated prices of Rs 98 for NMDC, Rs 1,070 for Zydus, Rs 534 for Varun Beverages, Rs 1,101 for Max Healthcare, and Rs 240 for Tata Steel.
The MSCI Standard Index is set to welcome MCX and NALCO starting May 29, 2026. On the other hand, Hyundai, Jubilant Food, Kalyan Jewellers, and RVNL will no longer be part of the index, with NMDC being noted for changes in composition.
NMDC has announced new iron ore prices effective May 6, 2026, with Baila Lump priced at ₹5,500 per ton and Baila Fines at ₹4,700 per ton. These figures do not account for royalty, DMF, NMEDT, cess, GST, or other taxes. For complete details, visit NMDC's official website.
NMDC has announced a new price of Rs. 5,500 per tonne for Baila Lump (containing 65.5% and sizes between 10-40 mm) starting from May 6th.
Starting May 6, 2026, NMDC has adjusted the pricing for iron ore, reflecting market fluctuations and operational changes.
Investment advisory Angel One suggests buying shares of NHPC, NMDC, HCC, South Indian Bank, and Lloyd Engineering due to their promising outlook, supported by technical breakouts, optimistic RSI levels, and high trading volumes. Potential gains of up to 23% are anticipated for these stocks.
NMDC's iron ore production for April 2026 saw a significant increase of 16%, yielding 4.64 million tons compared to the previous year. Sales also slightly rose, reaching 3.68 million tons, primarily covering Chhattisgarh and Karnataka.
RVNL has secured a ₹39.2 crore residential project in Banjara Hills, Hyderabad, and a ₹242.5 crore railway OHE upgrade project, with completion timelines of 15 months and 36 months respectively. Shares of RVNL closed at ₹308.50, up 0.83% on BSE.
RVNL secures over INR 5,000 crore worth of orders, primarily for rail infrastructure projects such as bridges, surveillance systems, and townships. Notable wins include a bridge project near Kashi valued at INR 1,201.3 crore and multiple contracts with NMDC in Chhattisgarh, signaling continued growth in the railway sector. [Financial Express]
NMDC Ltd. experienced a significant surge this week, marked by high trading volumes and a bullish candlestick formation, signaling a positive trend. Previously consolidated resistance levels have now functioned as supportive floors for the company's stock price.
Goldman Sachs advises buying JSW Steel and Shyam Metalics, predicting a 19% and 30% increase in their shares respectively. However, Tata Steel and Jindal Steel receive a neutral rating, while NMDC is suggested to be sold due to high valuations.
Goldman Sachs maintains its 'Sell' recommendation for NMDC Limited, suggesting a target price of ₹84. This decision is based on potential mid-term earnings pressure due to slow diversification efforts, with valuations currently sitting above the 10-year average by 6.4 times.
NMDC shares reach a new 52-week high of ₹88.07 on the NSE, fueled by optimistic expectations for Q4 performance. Analysts anticipate a significant 42.9% increase in Profit After Tax (PAT) year-on-year, with ICICI Securities expressing continued positivity towards the metals sector.
Investment strategist Khemka at Motilal Oswal has expressed optimism towards HDFC Life and NMDC, with a bullish stance on sectors like metals, power, and Electronic Manufacturing Services (EMS). He emphasizes the growing earnings potential in insurance, mining, and industrial sectors due to rising demand and supportive policies.
In the current market with escalating spot prices, Coal India and NMDC are shining as promising investments in the mining sector, as suggested by Siddhartha Khemka of Motilal Oswal.
Investor Sagar Doshi suggests Adani Enterprises, NALCO, and NMDC for possible profits, capitalizing on market optimism. The surge in Nifty 50 (1.49%) and Sensex (1.52%) on April 15 can be attributed to dropping oil prices and positive U.S.-Iran discussions.
Steel prices are on the rise, with HR and CR coils both seeing significant increases. HR coil prices are now at approximately ₹64,500 per tonne, marking an increase of ₹3,500. Similarly, CR coil prices are expected to go up by ₹3,000, reaching around ₹68,000 per tonne.
Metal stocks have seen a significant surge of 22% since March, with Lloyds Metals and Nalco driving the growth. Analysts anticipate further gains, predicting an additional 18% upside for Jindal Steel, Nalco, and NMDC due to market momentum.
NMDC surges by 4% due to a rise in iron ore prices, indicating increased demand or production costs. Meanwhile, Eicher Motors experiences a slight dip of almost 1%, potentially indicating market uncertainty or a shift in investor sentiment.
NMDC's shares have surged following the news of increased iron ore prices, indicating positive sentiment for the company. While production numbers were shared, a more in-depth analysis was lacking, suggesting potential growth prospects as iron ore demand continues to rise.
Iron ore prices have skyrocketed due to increased restocking demand, but supply reforms in China and potential Simandou shipments from Guinea could pose challenges for NMDC.
NMDC has updated its iron ore prices, effective from April 5, 2026. Lump ore will now be priced at ₹5,300 per ton, while fines will cost ₹4,500 per ton, excluding taxes.
NMDC surpassed its own record with a 53 MT production in FY26, marking a 21% increase. Expansion efforts, such as opening new mines and establishing a Dubai office, were significant milestones in the fiscal year. The company aims to double this output to reach 100 MT by 2030.
NMDC has reported a robust 5.35 million tonnes of iron ore production in March 2026, showcasing consistent growth to meet both domestic and international demands.
NMDC Ltd has announced a production of 5.35 million tons and sales of 5.90 million tons of iron ore in March 2026. For the fiscal year 2025-26, the company's total production and sales stand at 53.15 MT and 50.23 MT respectively, with Chhattisgarh being the major contributor.
NMDC significantly increased its iron ore production in March 2026, with a 51% year-over-year (YoY) surge to 5.35 million tonnes (MT). This boosted the total output for the year so far to 53.15 MT, marking a YoY increase of nearly 21%.
NMDC has announced the appointment of Anurag Kapil as Chief Financial Officer, effective March 31, 2026, for a term of five years. With over two decades in finance, Kapil succeeds Smt. G Anupama within the Ministry of Steel.