NMDC is currently trading at Rs. 143.70, up by 1.75 points or 1.23% from its previous closing of Rs. 141.95 on the BSE.
The scrip opened at Rs. 143.90 and has touched a high and low of Rs. 144.40 and Rs. 143.00 respectively. So far 62252 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 150.00 on 01-Feb-2017 and a 52 week low of Rs. 78.55 on 25-Feb-2016.
Last one week high and low of the scrip stood at Rs. 144.90 and Rs. 135.20 respectively. The current market cap of the company is Rs. 45560.02 crore.
The promoters holding in the company stood at 74.94%, while Institutions and Non-Institutions held 21.63% and 3.43% respectively.
State-owned iron ore miner NMDC’s Rs 18,000 crore integrated steel plant coming up at Nagarnar in Chhattisgarh, is likely to be completed by December. The 3 million tonne annual capacity plant is likely to reach 50% production level in the first year itself and at the end of second year it would be 80% plus.
The company had completed capital expenditure of Rs 1,434.55 crore till September 2016, of which Rs 1,222.65 crore has been invested in Nagarnar steel plant, Rs 17.39 crore on pallet plant at Donimalai, Rs 75 crore in doubling of KK lines, Rs 7.21 crore on Kumarswamy Mine and Rs 4.76 crore in Bailadilla Deposits.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.