NMDC Update by Epic Research

NMDC has acquired additional 30% stake in Australian mineral exploration subsidiary Legacy Iron Ore at a cost of AUD 12.3 million. Following the stake acquisition, the company’s stake in its Australian subsidiary has increased to 78.56% from 48.82%.





NMDC is currently trading at Rs. 172.45, up by 1.55 points or 0.91% from its previous closing of Rs. 170.90 on the BSE.





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Posted in: Indian Market Tips