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.