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Businessman checking stock market data. He using a mobile phone. Analysis economy data on forex earn graph.
| Photo Credit: scyther5
NMDC Stocks, NMDC Shares, NMDC Share Price Updates September 30, 2024: NMDC shares ended 4% higher on Monday. The stock soared along with the Nifty Metal index. However, Sensex and Nifty plummeted by 1200 and 360 pts, respectively.
NMDC shares ended 4% higher on Monday. The stock soared along with the Nifty Metal index. However, Sensex and Nifty plummeted by 1200 and 360 pts, respectively.
Shares of NMDC closed 4.03% on the NSE at ₹244.66.
On the BSE, the stock ended 4.02% higher at ₹244.55.
NMDC shares surged 4.36% on the NSE to trade at ₹245.43 as at 3 pm.
Top gainers of Nifty Metal stocks:
NMDC (3.92%), Welcorp (3.48%), APL Apollo Tubes (2.78%), JSW Steel (2.54%)
Shares of NMDC traded at ₹246.07 on the NSE, higher by 4.63% as at 12 noon.
Track bl’s stock market live updates here
NMDC shares were up 4.04% to ₹244.60 on the BSE.
India’s largest merchant iron-ore miner, NMDC Ltd is eyeing “strategic acquisition” of lithium blocks in Australia and Africa, and is carrying out “due diligence” of potential assets in these countries, the company’s Chairman-cum-Managing Director (Additional Charge) and Director of Finance, Amitava Mukherjee, told businessline.
“Our lithium quest has gained significant momentum, with encouraging preliminary findings. We’re conducting thorough reviews and due diligence on potential assets in Australia and Africa, positioning ourselves for strategic acquisitions,” he said.
Shares of NMDC show signs of bullish reversal
NMDC shares rose 3.75% to trade at ₹244 on the NSE as at 9.58 am.
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