NMDC shares in limelight on steep increase in iron ore prices

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NMDC’s shares were successful  limelight rising much  than 5% astir   noon successful  the aftermath  of the State-owned miner announcing a steep summation   successful  robust  prices

NMDC’s shares were successful limelight rising much than 5% astir noon successful the aftermath of the State-owned miner announcing a steep summation successful robust prices | Photo Credit: The Hindu

NMDC’s shares were successful limelight connected Monday (April 6, 2026) rising much than 5% astir noon successful the aftermath of the State-owned miner announcing a steep summation successful robust prices.

As per the latest revision, announced and effectual April 5, the terms of Baila Lump has been accrued ₹500 per tonne to ₹5,300. The aforesaid quantity of Baila Fines volition present travel for ₹4,500 arsenic against ₹4,050 previously. NMDC stock terms accrued 5.37%, astir 12.30 p.m., to ₹82.17 each connected the BSE.

The robust ore prices are for prices that are exclusive of royalty, DMF, NMEDT, cess, Forest

Permit Fee, transit fee, GST, biology cess and different taxes, the institution said. In the previous revision, effectual March 6, the institution had accrued prices of the cardinal earthy worldly of alloy by ₹100 a tonne for Baila Lump and ₹50 for the aforesaid quantity of Baila Fines to ₹4,800 and ₹4,050 respectively.

The latest revision comes days aft the institution announced record robust ore production successful FY26 and however it is good positioned to conscionable the rising alloy demand. It had reported 53.15 cardinal tonne robust ore output and 50.23 MT income for 2025-26.

Published - April 06, 2026 01:06 p.m. IST

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