Kotak Institutional Equities has cut NMDC's EBITDA estimates and target price due to declining iron ore prices and increased ...

India has not taken any decision to merge KIOCL and NMDC, junior Steel Minister Bhupathiraju Srinivasa Varma said in a written response in parliament on Tuesday. The steel ministry had proposed a ...

A work-to-rule protest involves employees adhering strictly to official procedures, which reduces production without halting ...

The Ministry of Steel had proposed merging NMDC with KIOCL, and the proposal was submitted to the Ministry of Finance around December 2024.

Kotak Institutional has issued a ‘Sell’ call on NMDC with a price target of Rs 55, projecting a downside of 15.4 percent from the last closing price of Rs 65 per share.

Shri Amitava Mukherjee assumes charge as NMDC CMD from March 6, 2025, after leading as CMD (Addl. Charge) since 2023. He aims ...

The multibagger Navratna PSU stock has jumped seven per cent in the last five sessions despite a 16 per cent drop in one year ...

India plans to introduce its own iron ore price index to determine royalty rates, simplifying the current complex system.

Amitava Mukherjee has assumed office as the chairman and managing director (CMD) of NMDC with effect from March 6, 2025. A ...

NMDC, India's largest iron ore mining company, reported a 17.8% increase in iron ore production in February, reaching 4.62 ...

driven by an increasing market surplus for seaborne iron ore and rising supply pressure in India with the ramp-up of merchant iron ore mines, directly competing with NMDC’s Chhattisgarh mines.

NEW DELHI, March 11 (Reuters) - India has not taken any decision to merge KIOCL (KIOC.NS), opens new tab and NMDC (NMDC.NS), opens new tab, junior Steel Minister Bhupathiraju Srinivasa Varma said ...