NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?
NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore.
Iron ore production jumped 26% to 151.17 lakh tonnes, but sales rose just 2% to 117.30 lakh tonnes.
Ore transferred for pellet job work increased 46% to 8.19 lakh tonnes during the quarter.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
