NMDC Dividend 2025: After the company’s board announced its 1st interim dividend of ₹ 2.30 per equity share for FY25, NMDC Ltd. shares ended the day higher on Monday. Over its previous finish of ₹ 63.83, the stock increased 1.77 percent to 64.96. The company’s market value was ₹ 57,111 crore. Let’s unleash details regarding NMDC dividend 2025.

About NMDC Steel Limited

India’s largest producer of iron ore is the NMDC, better known as the National Mineral Development Corporation, a Navratna PSU (Public Sector Undertaking) situated within the Ministry of Steel, Government of India. It has its registered office in Hyderabad, Telangana, and both Chhattisgarh and Karnataka are home to its mechanized iron ore mines. NMDC is regarded as one of the world’s reasonably priced iron ore producers.

Approximately 45 MTPA of iron ore are produced by the company from its two main iron-producing operations, Donimalai in the Bellary-Hospet region of Karnataka and Bailadila Sector in Chhattisgarh. A 100 MNT iron ore production capability is what NMDC hopes to achieve by FY30.

NMDC Steel Shares

The majority of its steel peers, including Tata Steel Ltd., JSW Steel Ltd., and SAIL, are trading with gains ranging from 2% to 4%, while shares of NMDC Steel Ltd. are up as much as 7.5% on Wednesday, March 19. Following the recommendation by the DGTR (Directorate General of Trade Remedies) to impose a temporary safeguard tariff on flat steel products, the majority of these steel stocks were moved.

Moreover, by producing HSLA, low carbon steel, dual phase steel, API grade steel, and hot-rolled steel, NMDC primarily serves the hot-rolled market. Analyst coverage for NMDC Steel is virtually nonexistent. Following a demerger, NMDC Steel shares began trading on the exchanges at a price of ₹37.75 per share in February 2023. The stock is currently trading close to its 52-week low after halving from its most recent 52-week high of ₹69.09.

NMDC Interim Dividend News

According to the company, the NMDC dividend 2025 will be distributed within the allotted time frames in accordance with the Companies Act, 2013, to the company’s equity shareholders whose names are listed as owners (beneficial) as of March 21 in the register of members or depositories’ records. On April 16, the NMDC dividend 2025 will be handed out in full.

NMDC is famous for providing dividends to its beneficiaries’ time and again. A dividend of ₹ 7.25 per share, or ₹ 1,685.11 crore, was paid by NMDC in FY24; a dividend of ₹ 5.91 per share, or ₹ 1,098.98 crore, was paid in FY23; and a dividend of ₹ 14.74 per share, or ₹ 1,474 crore, was paid in FY22.

Conclusion

With the recent NMDC dividend 2025 announcement, the company’s history of dividend payments has been constant. Prospective investors should make sure they are eligible by carefully noting the record date in order to enjoy NMDC dividend 2025 benefits.

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