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The Economic Times

Business / The Economic Times

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NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?

NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore. Iron ore production jumped 26% to 151.17 lakh tonnes, but sales rose just 2% to 117.30 lakh tonnes. Ore transferred for pellet job work increased 46% to 8.19 lakh tonnes during the quarter.

17 Aug 2026 10:36 am