Nmdc

Two-time world women’s boxing champion Nikhat Zareen graced the unveiling of the jersey of the 12th edition of the NMDC Hyderabad Marathon to be held on August 26 and 27, powered by the IDFC First Bank, here on Monday. Ms. Nikhat said she was happy to be part of an event which had been growing in popularity and participation over the years. “And, me being from Hyderabad, it could not have been a better association than NMDC Hyderabad Marathon which is not only one of India’s leading marathons but the largest community event bringing across all sections of the society for the cause of active lifestyle,” she said. “I appeal to all the citizens of Hyderabad to come run, volunteer or cheer for this event and make it successful,” the champion boxer said. Amitava Mukherjee, C&MD (Additional Charge & Director (Finance) of NMDC, T.V. Naraayan, chief marketing officer, IDFC First Bank, Prashant Morparia, race director, were also present. Mr. Mukherjee said that NMDC Hyderabad Marathon was an iconic tribute to the Fit India Movement and that NMDC was a patron of Government of India’s nationwide movement towards fitness. He urged and invited marathon enthusiasts and new runners from across the country to celebrate health and fitness with NMDC. Mr. Naarayan said the Hyderabad Runners Society through a series of marathons over the years had been leading the revolution of fitness in this part of the world. Mr Prashant said the 12th edition would be held on August 26 and 27 with an expec...

Business Description NMDC Ltd is engaged in the mining of a wide range of minerals, including iron ore, copper, sponge iron, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also owns a windmill project in Karnataka. Iron ore accounts for most of its revenue. It produces iron ore from three mines: namely, Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State), and Donimalai Iron Ore Mines (Karnataka State). Geographically, the company generates the majority of its revenue from the Indian domestic market. The Indian government owns a majority share of the company. Does NMDC pay dividends? If so, how much? Yes. NMDC has a forward dividend yield of 3.44%. See NMDC’s full dividends and stock split history on the Dividend tab. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Learn more about How big is NMDC Ltd? NMDC’s market cap is 315.77 Bil. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the larg...

Shares of NMDC surged 14 per cent to Rs 107.25 in Thursday’s intra-day trade, on the back of heavy volumes. The stock turned ex-date for its steel business. At 10:36 AM; NMDC traded 13.5 per cent higher at Rs 106.35 per share, from its opening level of Rs 93.70 (adjusted) apiece on the BSE, data shows. The average trading volumes on the counter jumped nearly 10-fold as around 21.89 million shares exchanged hands on the NSE and BSE. What you get on Business Standard Premium? • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app. • Pick your 5 favourite companies, get a daily email with all news updates on them. • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006. • Preferential invites to Business Standard events. • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.