NMDC526371Mining, iron ore
NMDC's September production rose about 7.5% but sales fell about 9.5%, which could weigh negatively on the stock
- Production growth
- 7.5 percent
- Sales decline
- 9.5 percent
Heard on business television between 08:24:23 - 08:27:23 IST.
- Production number came in higher by about 7.5%.
- Sales number was down about 9.5%, possibly due to monsoon impact.
- Higher production with lower sales implies inventory levels will rise, reason for decline not fully clear yet.
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Provisional iron ore output 4.04 MT and sales 3.51 MT for September 2026
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Source: Live TV News Channel · 5 Oct 2026
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