Navratna PSU to consider dividend on THIS date, stock jumps 7% in five days despite 16% drop in 1 year
NMDC Dividend: NMDC announced on Friday, March 7, that the public sector undertaking will consider an interim dividend for the current fiscal 2024-25 at its board meeting to be conducted on March 17, 2025. The Navratna PSU stock has extended its winning streak for the last five trading sessions with a seven per cent rise despite suffering a 16 per cent price rout in one year. NMDC to consider interim dividend on March 17 “….A meeting of the Board of Directors of the company is scheduled to be held on Monday, March 17, 2025, to consider, inter alia, a declaration of the interim dividend for Financial Year 2024-25,” said the Navratna PSU in a regulatory statement filing to the stock exchanges on Friday. NMDC on February 6 reported a 29 per cent year-on-year growth in its consolidated net profit for Q3FY25 to ₹1,896.66 crore compared to ₹1,469.73 crore in the same quarter last year.
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