Viable Investments Among Mid-Cap Indian Stocks

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NMDC Ltd. engages in the exploration of minerals. The company is headquartered in Hyderabad, Telangana and currently employs 5,713 full-time employees. The company went IPO on 2008-03-03. The firm is involved in the exploration of a range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands amongst others. The firm's segments include Iron Ore, and Pellet, Other Minerals & Services. The firm owns and operates mechanized iron ore mines in Chhattisgarh and Karnataka. The firm also operates a mechanized diamond mine at Panna, Madhya Pradesh. The firm is producing over 40 million tons per annum (MTPA) of iron ore from its iron producing units, such as Bailadila Sector in Chhattisgarh and Donimalai in Bellary-Hospet region in Karnataka. The Company’s subsidiaries include Legacy Iron Ore Limited, J & K Mineral Development Corporation Limited, NMDC Power Limited, Karnataka Vijaynagar Steel Limited, Jharkhand Kolhan Steel Limited, NMDC SARL, and NMDC CSR Foundation, among others.

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