NMDC shares in focus after iron ore production rises 5.1% in December

NMDC reports a 5.1% year-on-year increase in iron ore production for December 2024, reaching 4.71 million tonnes. However, sales declined by 6.7% year-on-year to 3.91 million tonnes. The company posted an 18.1% increase in net profit for Q2 FY25, with revenue up 22.5%. NMDC shares have declined 6% in the past 12 months.