NMDC Limited, the Navaratna PSE mining company, today declared that they will contribute INR 150 cr. to the PMCares Fund to help in the fight against COVID-19. This was announced via a tweet by Shri N. Baijendra Kumar, IAS, CMD, NMDC.
This will be the biggest support offered by any PSE in the country to help the fight against Corona so far. NMDC has already rolled out various preventive measures at the headquarters, plants and offices to protect the employees and their families against the spread of CORONA virus (COVID-19). NMDC which has operations in the remote parts of India has also implemented steps to fight the Corona Virus at the villages and hamlets adjacent to its facilities and townships.
Shri N. Baijendra Kumar, IAS, CMD, NMDC, commented, "Novel Coronavirus is one of the biggest challenges that our country has faced and has been unprecedented in its severity. We at NMDC, has always been at the forefront in times of need for the country. But the biggest need is at this time is to be united and strengthen the hands of the Government of India. Together we will be able to defeat this pandemic."
Shares of NMDC LTD. was last trading in BSE at Rs.77 as compared to the previous close of Rs. 73.55. The total number of shares traded during the day was 204168 in over 1545 trades.
The stock hit an intraday high of Rs. 77.8 and intraday low of 69. The net turnover during the day was Rs. 14996849.