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VERIFIEDMint Markets·positive
NMDC Steel shares jump 18% after Q4 profit turnaround; hits 20-month high
AI Summary
- ·NMDC Steel shares increased by 18% to ₹52.60, reaching a 24-month high.
- ·The company reported a net profit of ₹391.9 crore for Q4FY26.
- ·Revenue for Q4FY26 grew by 36.7%, and FY26 net profit was ₹58.7 crore, reversing prior losses.