NMDC Steel Shares Slide 9% After Weak Q1 Margins
NMDC Steel fell as much as 9% on Monday after the company’s June quarter results showed weaker operating margins despite higher profit. Here’s the thing...
Tag : NMDC Steel
NMDC Steel Privatisation to be Completed in First Half of Current Fiscal Year
The strategic divestment of NMDC Steel is expected to be completed in the first half of this fiscal, which could bring the government about Rs...
NMDC Steel Shares Rise 5% for Third Straight Session
Shares of NMDC Steel surged for a third straight day on February 22, hitting an intraday high of 5% after the company announced a demerger...
NMDC’s Demerge Chhattisgarh Unit Hits 5% on Market Debut
Shares of NMDC Steel locked at a 5% high at Rs 31.75 on the BSE during its first session on Monday. NMDC Steel is a...
MCA Approves Demerger of NMDC Steel from NMDC
Steel giants such as ArcelorMittal, POSCO, Jindal Steel and JSW Steel are preparing to bid for the steel fabrication facilities of NMDC, India’s largest iron...