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NMDC shares rise after best ever production
July 04, 2023
|The Business Guardian
On Monday, Shares of NMDC edged up after the company recorded its best ever production for the month of June and for the first quarter of a fiscal year in history, which is likely to boost its revenue. The state-owned miner said in an exchange filing that it produced 3.48 million tonnes and sold 4.1 million tonnes (MnT) of iron ore in the third month of FY24.
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“NMDC’s cumulative production and sales in Q1 of FY24 witnessed a 20 per cent and 45 per cent growth. In the first quarter of the financial year, the company produced 10.70 MnT and sold 11.15 MnT iron ore,” it said.
هذه القصة من طبعة July 04, 2023 من The Business Guardian.
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