Moderate valuations offer support for NMDC despite market headwinds

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Iron ore production stood at 13.3 million tonnes, up 9 per cent Y-o-Y and 61 per cent Q-o-Q, while sales stood at 11.

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NMDC has guided for a volume of 16 million tonnes in Q4FY25, aiming to achieve its volume target of 50 million tonnes.

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Category: BusinessFinance

Markets: India

Topics: NMDC capex plans NMDC operating profit NMDC price hike Karnataka Minerals Tax Bill NMDC volume guidance NMDC financial performance NMDC Q3FY25 results NMDC iron ore production RINL payments NMDC slurry pipeline NMDC FY25 projections NMDC net profit NMDC revenue growth Indian iron ore market NMDC steel production

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Article Type: News Report

Published On: 2025-02-12 @ 14:57:02 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 166 words

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Sentences: 7 lines

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News ID: 26101373

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