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NMDC Limited (NMDC.BO)
| Previous close | 254.90 |
| Open | 260.00 |
| Bid | 254.30 x 0 |
| Ask | 254.40 x 0 |
| Day's range | 253.75 - 260.50 |
| 52-week range | 103.75 - 261.40 |
| Volume | |
| Avg. volume | 917,195 |
| Market cap | 745.254B |
| Beta (5Y monthly) | 1.03 |
| PE ratio (TTM) | 11.59 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 11.50 (4.52%) |
| Ex-dividend date | 27 Feb 2024 |
| 1y target est | N/A |
- Reuters
India's NMDC says it has no plans to export iron ore to China
India's NMDC Ltd, the country's largest state-owned iron ore miner, on Thursday said it has no plans to sell iron ore to China and it is scaling up production to meet domestic demand. Reuters reported on Wednesday that the federal government had turned down a request from the company to export iron ore to China. Currently, NMDC has no interest in supplying ore to China, the company said in an emailed statement to Reuters.
- Reuters
India rejects iron ore miner NMDC's proposal for China exports -sources
India's government has turned down a request from state-owned iron ore miner NMDC Ltd to export its ore to China, the world's largest iron ore consumer, three sources with direct knowledge said. The government has instead asked NMDC, India's largest state-owned iron ore miner, to focus on domestic sales, said the sources who didn't wish to be named as they were not authorised to talk to the media.
- Reuters
Indian miner NMDC's China exports hindered by logistics -source
India's NMDC is unable to export low-grade iron ore to China, the country's biggest iron ore customer, due to logistics issues, a source with direct knowledge of the matter told Reuters. Indian producers of low-grade ores largely depend on foreign markets because most major domestic steel producers use high-grade iron ores. Separately, NMDC is also on track to receive forest clearances for diamond mining in the central Indian state of Madhya Pradesh, the source said.
