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11 Mar, 2010

NMDC plans pipeline from Chhattisgarh to Vizag

State-owned miner NMDC is planning to invest around Rs 2,400 crore to lay a pipeline between its Chhattisgarh plant and Visakhapatnam in Andhra Pradesh.


Source: Sify.com

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11 Mar, 2010

NMDC FPO gets poor response on day one

Like its predecessors REC and NTPC, mining major NMDC, the third government-owned company to hit the markets this year, received tepid response on the first day of follow-on offer (FPO).


Source: Sify.com

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10 Mar, 2010

NMDC follow-on offer opens on a weak note

The NMDC issue is the third FPO in the offing under the government's divestment this year. The issue with a price band of Rs 300-350 will close on Friday


Source: Livemint.com

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10 Mar, 2010

NMDC FPO subscribed 17% on day 1

The 33,22,43,200 equity shares followon public offer of NMDC, a navratna public sector undertaking, has been subscribed 17% on day one.


Source: Moneycontrol.com

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10 Mar, 2010

Won't subscribe to NMDC FPO: Sandeep Madan

The followon public offer of NMDC opened for subscriptions today. In an exclusive interview with CNBCTV18, Sandeep Madan, High Networth Individual, speaks about the issue and gives his outlook going forward.


Source: Moneycontrol.com

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10 Mar, 2010

NMDC FPO opens; should you subscribe?

The 332,243,200 equity shares followon public offer of NMDC, a navratna public sector undertaking, opened for subscriptions today. The price band for the issue, which will close on March 12, 2010, has been fixed at Rs 300350 per share.


Source: Moneycontrol.com

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10 Mar, 2010

NMDC issue subscribed 0.17 times on first day

The follow-on public offer of NMDC was subscribed by 0.17 times on the opening day with majority of applications coming from domestic insurance firms.


Source: The Financial Express

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10 Mar, 2010

NMDC may go in for monthly contracts

Hopes to benefit from likely increase in prices in coming months.


Source: DNA Money

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10 Mar, 2010

NMDC counter may be in focus as FPO opens for bidding

State-run miner NMDC's follow-on offering ......


Source: NDTVPROFIT.com

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09 Mar, 2010

NMDC priced to sell in $2.6 bln offer

The government is betting that a deep discount for this week's $2.6 billion share sale in NMDC, India's largest iron ore miner, revives interest in a divestment programme that has thus far


Source: Sify.com

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