India, Aug. 18 -- NMDC's realisation gains this quarter did not translate into proportionate profit growth because domestic iron ore prices remained range-bound throughout the June quarter despite global benchmarks softening due to weak Chinese demand.

The shares of NMDC are trading at 1.53% lower at Rs 84.61 on Tuesday. The market capitalisation is approximately Rs 74,018.31 crore. The stock trades at roughly 10.08 times earnings. The shares are up 0.63% year-to-date and 21% over the last 12 months.

What the Numbers Show NMDC produced 151.17 lakh tonnes of iron ore in Q1 FY27, which was its best-ever first quarter and a 26% increase over 119.94 lakh tonnes the year before. Sales, however, only rose by 2%, from 115.17 lakh tonnes to 117...