NMDC Q2 Results: Margins expand from last year but miss expectations, topline beats

NMDC had recently announced a cut in the prices of lumps by ₹550 per tonne and for fines by ₹500 per tonne. Clarity behind such a price cut would be awaited from the management, along with the volume and capex outlook for the rest of the year.

Leave a Reply

Your email address will not be published. Required fields are marked *