OverviewSuggest Edit

NMDC is a state-controlled mineral producer of the Government of India. It is owned by the Government of India and is under administrative control of the Ministry of Steel.
It is involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite etc. It is India's largest iron ore producer and exporter producing about 30 million tons of iron ore from 3 fully mechanised mines in Chhattisgarh and Karnataka. It also operates the only mechanised diamond mine in the country at Panna in Madhya Pradesh. 
The demand for steel will continue to grow in the years to come and this in turn would call for increased demand for iron ore. NMDC is gearing itself to meet the expected increase in demand by enhancing production capabilities of existing mines and opening up new mines - Deposit -11B in Bailadila sector and Kumaraswamy in Donimalai sector. The production capability would increase to around 50 million tonnes per year in coming years.

TypePublic
Founded1958
HQHyderabad, IN
Websitenmdc.co.in
Employee Ratings4.1

Latest Updates

Employees (est.) (May 2020)5,887(+10%)
Share Price (Oct 2020)₹83.7 (-1%)
Cybersecurity ratingBMore

Key People/Management at NMDC

Rasika Chaube

Rasika Chaube

Director, NMDC Ltd

NMDC Office Locations

NMDC has an office in Hyderabad
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NMDC Financials and Metrics

NMDC Revenue

Market capitalization (20-Oct-2020)

261.8b

Closing stock price (20-Oct-2020)

83.7
NMDC's current market capitalization is ₹261.8 b.
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NMDC Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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NMDC Online and Social Media Presence

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NMDC News and Updates

Live: SGX Nifty Indicates A Flat Start; Infosys, NMDC, Goa Carbon In Focus

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.

ICICI Direct: NMDC - Additional Premium Levy To Lead To Ebitda Margin Profile Deterioration

ICICI Direct: NMDC - Additional Premium Levy To Lead To Ebitda Margin Profile Deterioration

Motilal Oswal: Demerger Of Steel Plant To Unlock Value For NMDC

Motilal Oswal: Demerger Of Steel Plant To Unlock Value For NMDC

Live: SGX Nifty Indicates Weak Start; HPCL, HDFC AMC, RBL Bank, NMDC In Focus

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.

NMDC Slashes Iron Ore Prices For April Amid Weak Demand

NMDC cut prices of lumps and fines by 16% and 17% month-on-month, respectively, to Rs 2,650 and Rs 2,360 a tonne for April.

NMDC Shares Gain After Chhattisgarh Extends Leases Of Four Iron Ore Mines

NMDC has executed and registered extension of four iron ore mining leases in Bailadila region of Dantewada, Chhattisgarh.
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NMDC Frequently Asked Questions

  • When was NMDC founded?

    NMDC was founded in 1958.

  • Who are NMDC key executives?

    NMDC's key executives are Rasika Chaube.

  • How many employees does NMDC have?

    NMDC has 5,887 employees.

  • Who are NMDC competitors?

    Competitors of NMDC include Firestone Diamonds, Sirius Minerals and Coil.

  • Where are NMDC offices?

    NMDC has an office in Hyderabad.

  • How many offices does NMDC have?

    NMDC has 1 office.