ResultsMoneycontrol
NMDC shares fall 3% after weak Q2 results
Negative-99Company event
GreyOak summary
NMDC Ltd shares declined 3% after reporting Q2 FY27 results that missed estimates for EBITDA and net profit. While revenue grew 4.1% to Rs 6,638 crore, EBITDA fell 2.7% to Rs 1,940 crore due to higher costs and lower volumes. Brokerages like JPMorgan and Citi maintained bearish ratings citing margin pressure.
What it affects
- NMDCNegative -99
Shares fell 3% on weak Q2 results.Rolling sentiment Negative -36
Source
Read the original at MoneycontrolMore NMDC news
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