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NMDC
's total iron ore production stood at 4.07 MT in August 2026, compared with 3.37 MT in August 2025. The iron ore sales increased to 3.58 MT from 3.39 MT during the corresponding month of the previous year.
For the April-August period, the company produced 23.23 MT of iron ore, up about 26% from 18.45 MT in the corresponding period last year. However, sales growth was much slower. Cumulative sales stood at 18.72 MT, compared with 18.37 MT a year earlier, an increase of about 2%.
NMDC is a fully government-owned entity under the Ministry of Steel which specializes in the exploration of minerals including iron ore and manufacturing of iron ore pellets. The company has been maintaining a healthy dividend payout of 41% thereby making it a good opportunity for regular income.#StockInNews#WatchOutFor#Miscellaneous#TrendingSectors#FundamentalViews
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