Hot stocks today: Indian equity benchmarks were trading lower today. The 30-share BSE Sensex fell 94 points to 66,379 and Nifty lost 21 pts to 19,790. Here s a look at stocks buzzing in early deals.
NMDC had demerged its steel business last year. This removes the overhang relating to capital expenditure on the steel plant, which was a drag on return ratios.
NMDC share rises 3% as firm resumes work at Donimalai mine
The public sector enterprise resumed production of iron ore in Donimalai after it suspended mining in December 2018, due to a legal battle with the Karnataka government over the issue of imposition of premium on the sale price of the iron ore
BusinessToday.In | February 19, 2021 | Updated 13:23 IST
NMDC stock is trading higher than 5, 20, 50, 100 and 200-day moving averages. The stock rose 7.9% in the last 4 days
NMDC share was trading 3% higher in Friday s volatile session after the state-owned company resumed production of iron ore from Donimalai mine in Karnataka.
The public sector enterprise resumed production of iron ore in Donimalai after it suspended mining in December 2018, due to a legal battle with the Karnataka government over the issue of imposition of premium on the sale price of the iron ore.