According to JPMorgan, NMDC’s Q2 EBITDA miss was driven by unfavorable inventory impact and higher other expenses. The brokerage expected the company’s shares to react slightly negatively given the EBITDA miss.
According to JPMorgan, NMDC’s Q2 EBITDA miss was driven by unfavorable inventory impact and higher other expenses. The brokerage expected the company’s shares to react slightly negatively given the EBITDA miss.