NMDC Soars 5% After Stellar Q4 Earnings; Intraday Surge Hits 6.5%

Shares of $NMDC rallied sharply on 1 June 2026, gaining as much as 6.5% during the trading session before closing nearly 5% higher. The strong momentum came after the company reported an impressive set of Q4 FY26 consolidated results, reflecting robust operational performance and revenue growth. NMDC's consolidated net profit jumped 36% year-on-year to ₹2,017.6 crore, compared with ₹1,483.2 crore in the corresponding quarter last year. Revenue witnessed an even stronger expansion, surging 61.9% YoY to ₹11,343.1 crore from ₹7,004.6 crore. The sharp rise in both earnings and revenue boosted investor confidence, driving significant buying interest in the stock. The results underscore NMDC's strong business momentum and its ability to capitalize on favorable market conditions. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.