NMDC Steel

NSLNISP

NSE

BSE

SectorMetals & Mining

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Company insights, generated from the most recent coverage.

Stock trading above all key moving averages with Supertrend Buy signal, though short-term indicators (RSI 69, StochRSI 94.57) suggest potential consolidation.
President of India holds 60.79% stake with zero encumbrance, indicating strong government confidence in the company's strategic direction.
August 2026 iron ore production up 20.8% YoY to 4.07 MT, signaling robust operational momentum and strong demand.

About the company

NMDC Steel Ltd is a government-owned company under the Ministry of Steel, India. It operates a 3.0 MTPA steel plant in Nagarnar, Chhattisgarh. The company has commissioned various facilities including a 220KV GIS sub-station, Coke Oven Batteries, Sinter Plant, Central Zero Liquid Discharge system, and Oxygen Plant. In June 2023, it began trial production of Hot Rolled Coils. The company produces low carbon steel, HSLA & Dual Phase Steel, and API quality steel, with products including HR coils and HR sheets/plates in thicknesses from 1-16 mm. NMDC Steel was listed on the stock exchange in February 2023 following a demerger from NMDC Limited.

In the news

NMDC Steel rises 1.29% after Crisil upgrades rating to 'A'

Company insights, generated from the most recent coverage.

Stock trading above all key moving averages with Supertrend Buy signal, though short-term indicators (RSI 69, StochRSI 94.57) suggest potential consolidation.
President of India holds 60.79% stake with zero encumbrance, indicating strong government confidence in the company's strategic direction.
August 2026 iron ore production up 20.8% YoY to 4.07 MT, signaling robust operational momentum and strong demand.

NMDC Steel

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About the company

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