The shares of NMDC soared by over 2% intraday during Monday’s trade. The company has increased its iron ore prices by Rs 175 per tonnes for September, reported a leading news daily.
The stock was trading up by 2.57% at Rs 135.75 per share on BSE at 1012 hours. It opened at Rs 134 per share. It touched its intraday high and low at Rs 136.20 and Rs 134 per share, respectively.
The stock witnessed a spurt in volume by more than 1.30 times on Monday. The stock attracted a total traded volume of 31,64,176 shares and traded value of Rs 4,283.66 lakh on NSE at 1016 hours.
The stock’s 52-week high stood at Rs 152.40 per share on March 2, 2017 and 52-week low was at Rs 100.15 per share as on September 16, 2016.
NMDC is an India-based company engaged in mining of iron ore. The company’s segments include Iron Ore, and Other minerals & services. It is also engaged in the production and sale of diamond, sponge iron and wind power.
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