NMDC touched an intraday high of Rs 392.60 and an intraday low of Rs 374. At 1:20 pm, the share was quoting at Rs 382.65, up Rs 25.70, or 7.20%.
Govenment is going to divest stake in Kudremukh Iron Ore, Manganese Ore, NMDC. NMDC sale may fetch between Rs 10,351 crore-Rs 24,704 crore. NMDC is listed with 1.62% market float and rest stake is with Government of India. It may divested between 8.38%-20%, reports CNBC-TV18. (Money Control)