Archive · 2 Jul 2025

NMDC Share Price Falls Amidst Price Cuts, Production Rise

NMDC Share Price Falls Amidst Price Cuts, Production Rise

NMDC, a company that digs up iron, saw its stock price go down.

This happened because they lowered the prices of the iron they sell.

Also, the price of iron from other countries has gone down.

Even though NMDC produced and sold more iron this year, the price cuts caused concern.

Experts think prices might stay low because of more iron being available in India and the monsoon season slowing down construction.

So, the stock price went down because of these money-related changes.

Sources