Shares of NMDC climbed by 3.41% to ₹222.75 at 9:28 AM on Tuesday after the company announced its second price hike this month. NMDC raised prices by up to ₹600 per tonne, boosting market sentiment as investors reacted positively to the company’s pricing power and expected revenue growth.
The back-to-back price increases in October reflect NMDC’s strong position in the market, further driving up its stock price.
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