NMDC TRADED UP BY 2.08% AT 120.40 ON NSE

NMDC Ltd was trading at Rs.120.40,up by 2.45 points or 2.08% which was opened at Rs.119.00.It hit 52 week high of Rs.130.50 and low of Rs.61.55.

NMDC has commissioned a 5 megawatt (MW) solar capacity at a project in Auraiya, Uttar Pradesh. 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.

Resumption of mining operations at the Donimalai mine will improve iron ore supply in the country and help ease prices of the key steel making raw material.

NMDC adjudged as best PSU in organizational category for CSR Initiatives (Social Development) and the Best CSR Practices category. The company continue to remain committed towards giving back and helping society at large. The two prestigious CSR awards at the world leadership Congress and World CSR Congress.