NMDC Steel (NSLNISP) Share News & Alerts
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NMDC Steel shares jump 18% after Q4 profit turnaround; hits 20-month high
▲ Bullish +6.3%
NMDC Steel reported a massive financial turnaround in Q4 FY26, posting a net profit of ₹391.9 crore and reversing its previous losses. This strong fundamental shift is triggering aggressive buying, driving the stock to multi-month highs. For swing and positional traders, this represents a high-momentum breakout supported by strong earnings, which typically sustains a bullish trend over the coming weeks.
NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26
▲ Bullish +5.77%
NMDC Steel has staged a massive fundamental turnaround by reporting a net profit of Rs 391.91 crore in Q4 FY26 compared to a net loss last year, driven by strong revenue growth. This concrete earnings surprise triggers an immediate bullish re-rating by positional investors, which is expected to support a sustained multi-week upward trend as the market factors in structural profitability.
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