India's NMDC Steel jumps on strong quarterly profit growth
01/06/2026 06:41
BUZZ- India's NMDC Steel jumps on strong quarterly profit growth ** Shares of India's NMDC Steel NMDS.NS climb 14.7% to 51.21 rupees
** Stock set for highest pct rise since 13 August 2025
** Co posted a profit of 3.92 billion rupees ($41.34 million) in Q4 vs a loss of 4.73 billion rupees a year ago
** Q4 revenue from ops grew ~37% to 38.69 billion rupees
** Trading vols at about 74 million shares ,roughly 11.6 times the 30 day avg of 6.4 million shares
** YTD stock up ~14%
($1 = 94.8200 Indian rupees)
(Reporting by Devika Nair in Bengaluru)