NMDC share price in focus if it rises prices of its products | Einsmark news

The stock market today: NMDC share price remained in focus on Friday and mostly traded in the positive area despite a poor Indian stock market, as it announced price increases for its products. The stock market today: NMDC share price profits on the stock market price increases Today: NMDC share price remained in focus on Friday and mostly traded in the positive area despite a weak Indian stock market. NMDC has announced price increases for its products. NMDC iron-ear price increases NMDC on August 1 announced price increases for its products. The iron ore prices for August with single ore rose by £ 450 a tonne to £ 6,850, while NMDC prices for fines rose by £ 400/ton to £ 5,250 per ton. The NMDC price increases are a great respect after a few months of price cuts announced by NMDC. Earlier in the previous month, NMDC announced a drop of more than 9%for its products for the month of July 2025. The NMDC set the price for single (65.5%, 10-40 mm) iron ore at £ 5,700 per ton, from £ 6,300 per ton in June 2025. Ton, lower than £ 5.350 per tonne in June 2025. 106 per ton, dropped to less than $ 94 per tonne in June 2025. again. Positive to NMDC The price increases announced by NMDC are expected to support and realize margins. NMDC, which is the largest producer of iron ore in India, has price power in the domestic ore market amid a strong domestic demand for iron ore. The moves are likely to have a positive effect on the turnover and ebitda for the September quarter. NMDC share price movement NMDC share price opened at £ 70.81 on Friday, almost flat compared to the previous day’s closing price of £ 70.92. However, the NMDC share price reached the peak of £ 72.78, which means a profits of almost 2.62% on a day when Sensex was 0.3-0.4% indemnity: The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.