NMDC shares gained 5% after sharp iron ore price hike. Morgan Stanley has cited strong pricing tailwinds but warned on China reforms and Simandou supply risks. The company announced hike of ₹500 per tonne for lumps and ₹450 per tonne for fines.
NMDC shares gained 5% after sharp iron ore price hike. Morgan Stanley has cited strong pricing tailwinds but warned on China reforms and Simandou supply risks. The company announced hike of ₹500 per tonne for lumps and ₹450 per tonne for fines.