{
  "id": 1427210,
  "title": "NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?",
  "url": "https://urgent.news/2026/08/17/nmdc-shares-decline-4-after-q1-results-should-you-buy-sell-or-hold",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T05:06:04.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/nmdc-shares-decline-4-after-q1-results-should-you-buy-sell-or-hold-the-stock/articleshow/133287154.cms"
  },
  "original_language": "en",
  "account": "In the first quarter of fiscal year 2027, state-owned NMDC reported a 2% increase in profit after tax, reaching Rs 2,007 crore, up from Rs 1,969 crore in the previous year's quarter. Revenue from operations grew 2% to Rs 6,795 crore from Rs 6,634 crore. Iron ore production saw a significant rise of 26% YoY, reaching 151.17 lakh tonnes, while iron ore sales increased by a modest 2% to 117.30 lakh tonnes. The company also experienced a 46% surge in ore transferred for pellet job work to 8.19 lakh tonnes.\n\nDespite these positive indicators, NMDC's shares experienced a 4% decline to Rs 81.20 on the BSE. The company's EBITDA and margin stood at Rs 2,817 crore and 41%, respectively, slightly down from the previous year. NMDC's average domestic realization increased by 4% to Rs 5,548 per tonne, while iron ore sales revenue rose 6% to Rs 6,508 crore.\n\nIndustry analysts have offered varying opinions on NMDC's shares. Motilal Oswal maintains a Buy rating with a target price of Rs 98, noting that healthy average selling prices offset muted quarter-on-quarter volumes. The brokerage expects production volumes to rise to around 60 million tonnes in FY27, driven by increased environmental clearance limits and a new mine in a joint venture.\n\nOn the other hand, JM Financial has a more cautious stance, maintaining a Reduce rating with a target price of Rs 87, indicating a potential upside of around 3%. The firm emphasizes that volume growth and capital expenditure execution will be crucial factors to monitor for NMDC's future performance.",
  "summary": "NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore. Iron ore production jumped 26% to 151.17 lakh tonnes, but sales rose just 2% to 117.30 lakh tonnes. Ore transferred for pellet job work increased 46% to 8.19 lakh tonnes during the quarter.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}