NMDC Ltd - Company Profile
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NMDC Ltd (NMDC) is a mineral exploration company. Strong financial performance, focus on R&D, and client base are the company’s key strengths, even as limited international footprint remains a cause for concern. Growing coal mining activities in India, MOU with GMDC Limited and growing production of iron ore mining in India could provide new growth opportunities for the company. However, operational risks, increase in minimum wages in India and fluctuations in metal prices could affect the company’s operations.
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