NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26
- Posted on June 1, 2026
- By Business News Today
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- 1 min read
NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26
NMDC Steel shares surged nearly 18% to a 52-week high after reporting a significant turnaround in FY26 earnings. The company returned to profitability with a net profit of Rs 391.91 crore in Q4 FY26, a stark contrast to last year's loss. Revenue also saw substantial year-on-year growth, boosting investor confidence.
