NMDC shares fell 4.2% despite a strong Q2 performance and a 2:1 bonus share announcement. Revenue grew 19.7%, while profit rose 23% YoY. Motilal Oswal maintains a buy rating with a Rs 280 target.
Kwality Walls shares dropped on Wednesday as Reliance Consumer Products entered India’s ice cream market with Bombay Creamery, raising competition concerns. The stock extended its
Coal India shares rose on Wednesday after the state-run miner reported a 5.5% YoY rise in August coal supplies. Strong April-August volumes, lower pithead inventories
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