NSE: NMDC · 13 November 2026
- NMDC Ltd. shares declined 1.79% on Thursday, closing at ₹69.80 after moving within a day's range of ₹69.01 and ₹70.51. The stock opened lower at ₹69.50 compared to its previous close of ₹71.07.
- NMDC submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting revenue from operations of ₹6,638.23 crores and a profit after tax of ₹1,666.73 crores for the quarter. The company also published a corporate investor presentation highlighting physical performance metrics, including 121.55 lakh tonnes of iron ore production and 104.83 lakh tonnes of sales during the quarter.
- Trading volume was 1.34 times the 20-day average daily volume.
Why is NMDC share price falling on 13 November 2026?
NMDC Ltd. shares declined 1.79% on Thursday, closing at ₹69.80 after moving within a day's range of ₹69.01 and ₹70.51. The stock opened lower at ₹69.50 compared to its previous close of ₹71.07.
The broader market and sectoral benchmarks also experienced downward pressure during the session. The Nifty index fell 0.61%, while the Nifty Metal sector benchmark dropped 0.98%, indicating that NMDC's move occurred alongside general weakness across mining and metals equities. Over short-term trading horizons, the stock has posted a 5-day return of -0.87% and a 20-day return of -1.80%.
While the company recently released its investor presentation detailing financial performance for the quarter and half-year ended September 30, 2026, no single corporate catalyst was explicitly tied to today's downward price action. The session's performance appears consistent with broader sectoral headwinds in metal equities and technical positioning following recent multi-session losses.
2.29 crore shares traded by 13 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 1.71 crore shares (1.34 times). The five-day average daily volume was 2.43 crore shares. Separately, the NSE report for 13 November 2026 showed 91.32 lakh shares delivered, representing 39.91% of that day’s traded volume. The same report recorded 58,989 trades.
The decline in NMDC shares aligns with broad weakness across the Nifty Metal sector and broader market indices, with no single same-day company catalyst confirmed as the cause.
Latest Company Developments
NMDC submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting revenue from operations of ₹6,638.23 crores and a profit after tax of ₹1,666.73 crores for the quarter. The company also published a corporate investor presentation highlighting physical performance metrics, including 121.55 lakh tonnes of iron ore production and 104.83 lakh tonnes of sales during the quarter.
Financial results and production updates provide baseline operational visibility for the company's mining operations and realization trends.
The company released provisional production and sales figures for iron ore up to October 2026, reporting a monthly production of 5.04 million tonnes and monthly sales of 3.44 million tonnes. Cumulative production for the fiscal year reached 32.32 million tonnes while cumulative sales stood at 25.67 million tonnes across Chhattisgarh and Karnataka sectors.
Monthly operational disclosures offer early indicators of output volumes and supply realisations across key mining hubs.
NMDC announced the appointment of Ms. Sarita Chauhan, Additional Secretary and Financial Advisor in the Ministry of Steel, as a Non-Executive Government Director on the board effective October 12, 2026. The appointment follows communication from the Ministry of Steel under applicable corporate governance regulations.
Board and management changes maintain regulatory alignment and public sector representation at the governance level.
NMDC Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
NMDC shares fall 3% after weak Q2 results; EBITDA, margins miss estimates, why are brokerages cautious Moneycontrol.com
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 6.65% on 30 September 2026. This compares with 6.91% on 30 June 2026, a change of -0.26 percentage points.
The filing reported 43 MF/UTI holders.
Research & Brokerage Views
Upgraded stock to 'Buy' following performance assessments despite earlier margin variations.
Maintained a constructive view on the stock during periodic market review discussions.
What to Watch Next
- Subsequent monthly iron ore production and sales volume disclosures
- Developments regarding pending tax and statutory liabilities noted in financial disclosures
- Price realization trends across Chhattisgarh and Karnataka mining operations
- Sectoral demand signals from domestic and international steel producers
Other Dated Coverage
- NMDC Share Price Today: Why NMDC Is Falling 3.67% | 23 October 2026 — 23 October 2026
- NMDC Ltd. in Focus After Board Appointments; What to Watch Today | 15 October 2026 — 15 October 2026
- NMDC Share Price Today: Why NMDC Is Rising 0.32% | 14 October 2026 — 14 October 2026
More NMDC news and dated analysis →
Frequently Asked Questions
What is the latest NMDC company news?
NMDC submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting revenue from operations of ₹6,638.23 crores and a profit after tax of ₹1,666.73 crores for the quarter. The company also published a corporate investor presentation highlighting physical performance metrics, including 121.55 lakh tonnes of iron ore production and 104.83 lakh tonnes of sales during the quarter.
How strong was NMDC’s trading volume?
2.29 crore shares traded, 1.34 times the 20-day average daily volume. The price and volume data are dated 13 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.