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18 April, 2021 20:44 IST
NMDC surges on fixing iron ore prices
Source: IRIS | 08 Mar, 2021, 12.19PM
Rating: NAN / 5 stars.
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    Shares of NMDC, a state-controlled mineral producer, rallied over 3.5% after the company has fixed the prices of iron ore with effect from Mar. 06, 2021.

The price of Lump Ore (65.5%, 6-40mm) has been fixed at Rs 5, 100 per ton, while the price of Fines (64%, -10mm) has been fixed at Rs 4,210 per ton. The above FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes.

Shares of NMDC are trading at Rs 137.75, up Rs 4.70, or 3.53% at the Bombay Stock Exchange (BSE) on Monday at 11 a.m.

The scrip has touched an intra-day high of Rs 139.85 and low of Rs 136.40. The total volume of shares traded at the BSE is 517,691.In the earlier session, the shares fell 3.24%, or Rs 4.45, at Rs 133.05.

Currently, the stock is trading down 1.4% from its 52-week high of Rs 139.55 and above 121.94% over the 52-week low of Rs 62.

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