Authorities firm NMDC will give the primary interim dividend of ₹ 2.30, file date additionally fastened; Share jumped – INA NEWS

NMDC Inventory Worth: Authorities firm NMDC goes to provide shareholders the primary interim dividend of Rs 2.30 per share for FY 2024-25. It was accredited by the corporate’s board on the March 17 assembly. The file date for dividend is stored on 21 March 2025. By this date, shareholders whose names shall be within the data of the Register of Members of the Firm or Depositors because the beneficiaries house owners of shares shall be entitled to dividend.
NMDC is the biggest producer of iron ore within the nation. Earlier, the corporate gave an interim dividend of Rs 5.75 and remaining dividend of Rs 1.50 per share in FY 2023–24. In December 2024, the corporate distributed the shareholders as two new share bonuses on each 1 inventory with them. The file date for the bonus problem was 27 December 2024 and the allotment date was 30 December 2024. Within the bonus problem, NMDC gave a complete of 586,12,11,700 fairness shares.
NMDC shares jumped 2 p.c
On March 17, NMDC shares rose by about 2 p.c and the worth on BSE closed at Rs 64.96. By the top of December 2024, the federal government had 60.79 p.c stake within the firm. The corporate’s market cap is Rs 57100 crore. NMDC shares have damaged 14 p.c within the final 3 months. The face worth of the inventory is Rs 1.
Revenue in December quarter Rs 1943 crore
The NMDC’s standalone foundation was Rs 6,530.82 crore within the October-December 2024 quarter. Throughout this era, the web revenue was Rs 1,943.51 crore and Earnings was Rs 2.21 crore per share. Within the monetary 12 months 2024, the corporate’s income was Rs 21,293.81 crore, internet revenue of Rs 5,631.89 crore and earnings per share had been Rs 19.22 crore.
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Authorities firm NMDC will give the primary interim dividend of ₹ 2.30, file date additionally fastened; Share jumped
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