NMDC Stock Price: Government company NMDC is going to give shareholders the first interim dividend of Rs 2.30 per share for FY 2024-25. It was approved by the company’s board at the March 17 meeting. The record date for dividend is kept on 21 March 2025. By this date, the shareholders whose names will be in the records of the Register of Members of the Company or Depositors as the beneficiary owners of shares will be entitled to dividend. NMDC is the largest producer of iron ore ie iron ie in the country. Earlier, the company gave an interim dividend of Rs 5.75 and final dividend of Rs 1.50 per share in FY 2023–24. In December 2024, the company distributed the shareholders as two new share bonuses on every 1 stock with them. The record date for the bonus issue was 27 December 2024 and the allotment date was 30 December 2024. In the bonus issue, NMDC gave a total of 586,12,11,700 equity shares. NMDC shares jumped 2 percent. On March 17, NMDC shares rose by about 2 percent and the price on BSE closed at Rs 64.96. By the end of December 2024, the government had 60.79 percent stake in the company. The company’s market cap is Rs 57100 crore. NMDC shares have broken 14 percent in the last 3 months. The face value of the stock is Rs 1. Profit in the September quarter Rs 1943 crore-October-December 2024 NMDC in the standalone basis of Rs 6,530.82 crore. During this period, the net profit was Rs 1,943.51 crore and Earnings was Rs 2.21 crore per share. In FY 2024, the company’s revenue on standalone basis was Rs 21,293.81 crore, net profit of Rs 5,631.89 crore and earnings per share was Rs 19.22 crore per share. HPCL shares can be seen up by 42%, expecting brokerage CITI; The buy rating disclaimer: Here information provided here is being given for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.
