NMDC Ltd (NMDC.NS)
31 Jul 2014
|Market Cap (Mil.):||Rs682,525.88|
|Shares Outstanding (Mil.):||3,964.72|
MUMBAI - NMDC Ltd, India's biggest iron ore producer, aims to ramp up output by two-thirds in five years to 50 million tonnes a year, helped by the launch of new mining facilities and expansion of existing infrastructure, its chairman said.
* Sees iron ore prices in $95-$105/T range in next 6 months
(Corrects company name and Reuters Instrument Code to NMDC from NDMC in first bullet point) * JP Morgan downgrades Coal India Ltd to "underweight" from "neutral", while cutting NMDC Ltd to "neutral" from "overweight". * The investment bank says Coal India's downgrade was driven by its assessment of potential coal production and prices. * On NMDC, JP Morgan says it expected just "broadly stable" domestic iron ore prices, while noting "weak" global iron ore prices as another factor. (indulal.p
NEW DELHI - India's biggest iron ore producer NMDC Ltd has raised ore prices by up to 9 percent in June, two officials said on Wednesday, the first increase in five months as supply has been cut by a temporary ban on some mines in Odisha state.
NEW DELHI, June 4 - India's biggest iron ore producer NMDC Ltd has raised ore prices by up to 9 percent in June, two officials said on Wednesday, the first increase in five months as supply has been cut by a temporary ban on some mines in Odisha state.
MUMBAI - The BSE Sensex posted its biggest daily gain in three weeks on Monday as Larsen & Toubro surged after its quarterly earnings beat estimates while state-run banks rallied on hopes the government would consider selling some of its holdings and inject capital.
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)
Note: Reuters has not verified this story and does not vouch for its accuracy. (Reporting by Aby Jose Koilparambil in Bangalore)
MUMBAI, Feb 11 - Three months ended Dec. 31, 2013 (Versus the same period a year earlier. In billion rupees unless stated) Net Profit 15.67 vs 12.93 Net Sales 28.22 vs 20.47 EPS (in rupees) 3.95 vs 3.26 NOTE: NMDC Ltd supplies iron ore lumps. (Reporting by Aradhana Aravindan; Editing by Subhranshu Sahu)