NSLNISPBSENMDC Steel LtdLowNeutral
Announced Thu, 14 Aug · 13:24 IST

As per letter attached.

NSLNISP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NMDC Steel replied to BSE's query on a sharp jump in stock trading volume, saying it has no undisclosed price-sensitive information. The company pointed to its Q1 FY26 results (quarter ended June 30, 2025), declared on August 12, 2025, which showed its first profit after tax since the start of commercial operations. Revenue from operations rose to Rs 3,365.22 crore (vs Rs 2,022.91 crore in Q1 FY25), and the company posted a profit after tax of Rs 25.56 crore compared to a loss of Rs 473.39 crore in the previous quarter. EPS came in at Rs 0.09, and operating margin turned positive at 12.71%. The filing also includes auditor-confirmed compliance with debt-security asset cover norms (19.24 times coverage for unsecured NCDs of Rs 563.67 crore).

Likely market impact

The volume spike is being officially linked to the company's first-ever quarterly profit, a positive signal for shareholders that may continue to draw interest. Investors should note the upcoming maturity of Rs 523.80 crore NCDs on August 28, 2025 and the ongoing government stake-sale process as key near-term events.