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NMDC signs MoU with Colorado School of Mines to extend research collab, stock up 2%

News by Aliceblue News Desk

26 Dec 2025

NMDC signs MoU with Colorado School of Mines to extend research collab, stock up 2%

Introduction

Leading mining company signed a MoU with a US-based institute on December 24 2025 to collaborate on research, technology development, training, and AI/ML applications in mining and metallurgy.

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Also Read: Belrise Industries signs exclusive agreement with Israeli firm to pursue military systems

Share price movement of NMDC

On December 26, 2025, NMDC Limited opened at ₹81.50, up 0.12% from its previous close of ₹81.40. The stock reached a high of ₹82.69 (1.55%) and a low of ₹81.41 (0.01%). By 10:30 AM, it traded at ₹82.55, a 1.41% increase, with a market capitalization of ₹72,620.41 crore.

NMDC Signs Research MoU with CSM

NMDC Limited signed a Memorandum of Understanding with Colorado School of Mines on December 24 2025 to establish a research collaboration framework in mining and related technology domains areas globally.

The MoU covers joint research technology development training knowledge exchange seminars workshops and collaborative projects in mining mineral processing metallurgy and artificial intelligence machine learning applications across multiple operational segments.

NMDC stated the agreement creates no shareholding related party relationship or special rights and outlines intellectual property sharing duration arbitration termination and confidentiality provisions between both institutions as disclosed officially.

Stock performance of NMDC for Period of 1 week, 6 months, and 1 year

NMDC Ltd delivered a 6.72% return over the past week. The stock gained 16.5% over the past six months and 13.9% over the past year.

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Also Read: GAIL signs MoU to develop greenfield gas-based fertilizer plant in Chhattisgarh

Shareholding pattern of NMDC

ParticularsSep 2025Jun 2025Mar 2025
Promoter61%61%60.80%
FII13%12%12%
DII14%15%15.10%
Public11.80%12.50%12.40%

About NMDC

NMDC Ltd (NSE: NMDC) is engaged in exploration and production of iron ore and diamonds, manufacturing and sale of sponge iron, and generation and sale of wind power across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is NMDC share price going up today?

A: NMDC share price is rising after it signed a MoU with Colorado School of Mines for mining research collaboration.

Q: What does NMDC Ltd specialize in?

A: NMDC Ltd specializes in exploration and production of iron ore and diamonds, sponge iron manufacturing, and wind power generation.

Q: What is the market capitalization of NMDC Ltd?

A: The market capitalization of NMDC Ltd stands at around Rs 72,620.41 crore as of December 26, 2025.

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