NMDC stock gains 0.33% on NSE
DSIJ Intelligence / 14 Jul 2017
NMDC Limited is an India-based company engaged in mining of iron ore.It is also engaged in the production and sale of sponge iron,diamond and wind power.
A strategic disinvestment plan has been prepared by Department of Investment and Public Asset Management (DIPAM), as per the decision of Cabinet Committee on Economic Affairs (CCEA), Government of India for strategic disinvestment of various PSE’s including NMDC’s steel plant (NISP), Nagarnar, Chhattisgarh.
NMDC Limited is an India-based company engaged in mining of iron ore.It is also engaged in the production and sale of sponge iron,diamond and wind power. The company's segments include iron ore, and other minerals & services.
Meanwhile, NMDC traded in the positive territory gaining 0.33% at Rs 119.95 per share on NSE. The stock attracted a traded value of 1,694.13 lakhsand traded volume of 14,16,612 shares. The stock is providing a dividend yield of 11.53% and maintaining a dividend payout of 70.07%.
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