Archive · 1 Sep 2025
NMDC Stock in Focus After August Production and Sales Rise
NMDC, a big iron ore producer, had a good August!
They sold and produced more iron ore than last year.
Sales for August reached 3.39 million tonnes, with production at 3.37 MT.
Over the first five months of the year, sales and production are also up compared to the previous year.
Experts think NMDC will make a lot of iron ore in the next few years.
The company is planning to build more to increase production, and they have plenty of money to do it.
NMDC, India's largest iron ore producer, saw increased production and sales in August.
August iron ore sales rose to 3.39 million tonnes.
August iron ore production reached 3.37 million tonnes.
Cumulative sales for April–August 2025 reached 18.37 MT.
Motilal Oswal expects volumes to rise to 50 MT by FY26 and 55 MT by FY27.
- Who
- NMDC
- What
- August production and sales figures rose
- When
- August
- Where
- N/A
- Why
- Due to the release of August production and sales figures.
- August Iron Ore Sales
- 3.39 million tonnes (MT)
- August Iron Ore Production
- 3.37 MT
- April-August 2025 Sales
- 18.37 MT
- April-August 2025 Production
- 18.45 MT
- Average Selling Price (Q1 FY26)
- ₹5,851 per tonne
- Motilal Oswal Rating
- Buy
- Motilal Oswal Target Price
- ₹70 per share