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Umang Bhutada

10 hours ago Β· SEBI-Registered Analyst

πŸ“Š NMDC – Earnings Momentum Watch

$NMDC Important Levels: Support: β‚Ή570 – β‚Ή550 Resistance: β‚Ή600 – β‚Ή620 Structure: Strong earnings-led setup Business: India's largest iron-ore producer. Key beneficiary of infrastructure, steel demand and domestic mining activity. Earnings / Trigger: NMDC reported Q1 FY27 profit of β‚Ή2,007 crore, up around 2% YoY, while iron-ore production jumped 26% YoY to 15.12 MT. Verdict: πŸ‘‰ Strong production growth keeps the stock in focus πŸ‘‰ β‚Ή600–₹620 is the key technical zone to monitor

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