NMDC Steel Share Price

NMDC Steel Limited is a Govt. Company under administrative control of Ministry of Steel, Govt. of India. NMDC Steel Ltd. is a testament to Indias industrial prowess, representing a strategic initiative by the Ministry of Steel to augment nations steel production capabilities. Established to develop a greenfield Integrated Steel Plant with a capacity of 3 million tonnes per annum (MTPA) based on the BF/ BOFtechnology, the Company is located in NagarnarBastar, Chhattisgarh. NMDC Steel Limited was incorporated as a subsidiary of NMDC Limited on January 2, 2015. Its strategic positioning near the highgrade iron ore reserves of NMDCs Bailadila mines ensures a steady supply of the major raw material. The plant benefits from excellent connectivity to the Visakhapatnam seaport and the capital city, Raipur, facilitating smooth logistics and distribution. The President of India currently holds a 60.79% stake in the Company as at March 31, 2024. Over the past year, NMDC Steel Limited has made steady progress in ramping up production and stabilizing operations. The 220KV GIS (Gas Insulated Switch) main receiving substation was started in March, 2018, followed by power supply to the Sinter Plant. The Company commissioned its first Coke Oven Battery No 1 in October, 2022 along with By Product Plants Part of Raw Material Handling. Coke Oven Battery No 2 was put to operations from 24.04.2023. Sinter Plant was put on hot trails on 19.04.2023. Central Zero Liquid Discharge (ZLD) was made operational since 01.04.2023. Oxygen Plant Stream No. 2 was put on operation from 21.04.2023. Further, the Company commenced trail production of Hot Rolled Coils from its Rolling Mill on 30 June, 2023. Pursuant to the Scheme of Arrangement between NMDC Limited and the Company, for the Demerger between NMDC Limited and the Company, the business of NMDC Iron Steel Plant at Nagarnar was demerged from NMDC Limited into the Company on April 1, 2022 and the said Scheme became effective from October 13, 2022. 2,93,06,05,850 Equity Shares were listed effective from February 20, 2023 through the Scheme of Arrangement.On August 12, 2023, the Steel Plant reached a crucial turning point with the inauguration of its Blast Furnace. This event marked the final commissioning phase of the Plant. Commercial production of HotRolled (HR) Coils began on August 31, 2023, marking a key operational for the Nagarnar Steel Plant.

As of 24 Jun, 2025, NMDC Steel share price is ₹38.9. The stock opened at ₹38 and had closed at ₹37.8 the previous day. During today’s trading session, NMDC Steel share price moved between ₹38.05 and ₹39.89, with an average price for the day of ₹38.97. Over the last 52 weeks, the stock has recorded a low of ₹32.13 and a high of ₹62.45. In terms of performance, NMDC Steel share price has declined by 13.3% over the past six months and has declined by 35.27% over the last year.