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Top Gainers & Losers on June 1: PTC Industries, NMDC Steel, Saregama India, Welspun Living, among top gainers - Mint
Top Gainers & Losers on June 1: PTC Industries, NMDC Steel, Saregama India, Welspun Living, among top gainersMint
NMDC Q4 profit jumps 36% as iron ore and steel business powers growth
Revenue surges 62% YoY to ₹11,343 crore, while shares close over 4% lower ahead of earnings announcement
NMDC hikes iron ore prices by Rs 200 tonne
State-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5,500 per tonne and fines at Rs 4,700 per tonne. This price hike, exclusive of various taxes and fees, will impact steel manufacturing costs.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers
On April 6, the Indian stock market gained, with the Nifty 50 up 0.68% to 23,123 and the S&P BSE Sensex rising 0.69% to 74,616. Nifty IT led sector gains at 2.5%, while PSU banks fell by 0.72%. Investors await the RBI policy decision.
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainers - Mint
Top Gainers & Losers on April 07: Wipro, NMDC Steel, Vedanta, Zen Tech, Jindal Steel, HCL Tech among top gainersMint
NMDC hikes iron ore prices by up to 11.1% effective April 5
In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented production year with record outputs from its flagship mines, the prices for Baila Lump and Baila Fines will see an increase. This adjustment is expected to ripple through the steel manufacturing sector, affecting raw material costs significantly.
Taking Stock: Sensex rises 383 points, Nifty tops 23,400 as IT shares surge
More than 100 stocks touched their 52-week high on the BSE, including ACME Solar, IFCI, PTC Industries, HFCL, NMDC Steel, NMDC, among others.
Trade Spotlight: How should you trade NMDC Steel, Aditya Birla Fashion, Lodha Developers, RBL Bank, HDFC Life Insurance, and others on May 8?
Consolidation with range-bound trading is likely to continue until the indices trade below the April high. Below are some short-term trading ideas to consider.