<p>New Delhi: Shares of NMDC jumped more than 5 per cent on Thursday a day after the state-owned company posted a rise in its net profit in the December quarter.</p><p>The stock of the company climbed 5.31 per cent to Rs 248 apiece on the BSE.</p><p>NMDC's shares advanced 5.29 per cent to Rs 248 apiece on the NSE.</p>.BPCL shares rally over 4%; hit 52-week high.<p>In the intra-day trade, scrip of NMDC hit a 52-week high of Rs 252.65 and Rs 252.40 on the BSE and NSE, respectively. </p><p>In the morning trade, the 30-share BSE Sensex benchmark gained 50.28 points or 0.07 per cent to 71,873.11 points, while NSE Nifty rose 0.1 per cent to 21,861.25 points.</p><p>In a regulatory filing on Wednesday, State-owned NMDC posted a 62 pc rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, pushed by higher income.</p><p>It had clocked a net profit of Rs 903.89 crore in the year-ago period, the mining company said.</p><p>The company's total income surged to Rs 5,746.47 crore over Rs 3,924.75 crore a year-ago, it added.</p><p>The board of the company had also approved an interim dividend of Rs 5.75 per equity share for 2023-24 and fixed February 27 as the record date for the purpose.</p><p>NMDC, under the Ministry of Steel, is India's largest iron ore mining company contributing to around 20 per cent of the country's demand of the key steel making raw material. </p>
<p>New Delhi: Shares of NMDC jumped more than 5 per cent on Thursday a day after the state-owned company posted a rise in its net profit in the December quarter.</p><p>The stock of the company climbed 5.31 per cent to Rs 248 apiece on the BSE.</p><p>NMDC's shares advanced 5.29 per cent to Rs 248 apiece on the NSE.</p>.BPCL shares rally over 4%; hit 52-week high.<p>In the intra-day trade, scrip of NMDC hit a 52-week high of Rs 252.65 and Rs 252.40 on the BSE and NSE, respectively. </p><p>In the morning trade, the 30-share BSE Sensex benchmark gained 50.28 points or 0.07 per cent to 71,873.11 points, while NSE Nifty rose 0.1 per cent to 21,861.25 points.</p><p>In a regulatory filing on Wednesday, State-owned NMDC posted a 62 pc rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, pushed by higher income.</p><p>It had clocked a net profit of Rs 903.89 crore in the year-ago period, the mining company said.</p><p>The company's total income surged to Rs 5,746.47 crore over Rs 3,924.75 crore a year-ago, it added.</p><p>The board of the company had also approved an interim dividend of Rs 5.75 per equity share for 2023-24 and fixed February 27 as the record date for the purpose.</p><p>NMDC, under the Ministry of Steel, is India's largest iron ore mining company contributing to around 20 per cent of the country's demand of the key steel making raw material. </p>