NMDCBSENMDC LtdMediumNeutral
Announced Sat, 2 May · 13:23 IST

Details of Production & Sales of Iron Ore (Provisional) for April 2026.

Business Updates View source PDF

NMDC · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹90.40
prior close
₹91.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.7-0.7-1.0-1.7-1.3-0.4-1.8-3.8+0.9-0.2+4.7-5.9
Up moveDown movePending
AI summary

NMDC Ltd reported iron ore production of 4.64 million tonnes (MT) for April 2026, up 16% from 4.00 MT in April 2025. Sales came in at 3.68 MT versus 3.63 MT year-on-year, a marginal 1.4% increase. Chhattisgarh operations drove growth with production jumping 28% to 3.66 MT and sales rising 12% to 3.16 MT. Karnataka output declined to 0.98 MT (from 1.15 MT) with sales falling to 0.52 MT (from 0.81 MT). These are provisional figures for the first month of FY2026-27.

Likely market impact

Overall production improvement is positive, though the sales-to-production gap (3.68 MT sold vs 4.64 MT produced) suggests inventory build-up. The Karnataka operations showed weakness which may need monitoring.