/ NMDC Stock Slips With Revises Iron Ore Prices ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 5 July 2017


From Wednesday NMDC (National Mineral Development Corporation) has revised the iron ore prices, the Lump Ore prices at Rs 2,225 WMT and Fines at Rs 1,985 WMT. The FOR (Freight On The Road) prices are excluding DMF, Royalty, NMET, Forest Permit Fee, chess and other taxes.

The company is an India-based which is engaged in mining of iron ore, other minerals and services with engaged in the production and sale of sponge iron, diamonds and wind power. On Tuesday BSE the stock traded in a negative territory, slipping 0.18% at Rs 111.25/share. The stock is providing yield of 12.33% and the company has been maintaining a dividend payout ration of 70.07%. While on NSE, the stock traded volume of 58,141 share and traded value of Rs 64.64 lakh. It has a 416611 (NSE+BSE) shares were traded on the counter with Rs 35261.56 care of current market cap.

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