Navratna PSU to consider dividend on THIS date, stock jumps 7% in five days despite 16% drop in 1 year

NMDC Dividend: NMDC announced on Friday, March 7, that the public sector undertaking (PSU) will consider an interim dividend for the current fiscal 2024-25 (FY25) at its board meeting to be conducted on March 17, 2025. The Navratna PSU stock has extended its winning streak for the last five trading sessions with a seven per cent rise despite suffering a 16 per cent price rout in one year.

NMDC is India’s largest iron ore producer and exporter, producing over 45 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka.

a Meeting of Board of Directors of the Company is scheduled to be

held on Monday, 17th March 2025 to consider, inter alia, declaration of Interim Dividend for

In pursuance of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and its

amendments, and the Company’s Internal Code of Conduct for Prevention of Insider Trading,

the trading window for dealing with the securities of the Company is closed for all Insiders

including Designated Persons and their immediate relatives from 7th March 2025 to 19th March

2025 i.e. 48 hours after the date of the Board Meeting for considering Interim Dividend for the