NMDC Share Price in Focus: Appointed Shri Amitava Mukherjee Chairman and MD

On March 7, 2025, NMDC share price will be in focus as NMDC announced that it had appointed Shri Amitava Mukherjee as the Chairman and Managing Director on March 6, 2025. In addition, Shri Amitava Mukherjee will act as the Chairman of NMDC Steel Limited and Legacy Iron Ore Limited.

About Shri Amitava Mukherjee

Shri Amitava Mukherjee joined NMDC as Director (Finance) in November 2018 and took on the additional role of CMD in March 2023. A Cost Accountant and a senior officer from the 1996 batch of the Indian Railway Accounts Services (IRAS), he has held various important positions in the Government of India, contributing significantly to the nation’s industrial and economic development.

Under his leadership, NMDC achieved a historic milestone by becoming the first iron ore mining company in India to exceed a 45 million tonne output in FY24. He has guided NMDC to record-breaking turnover and net worth, implemented advanced digital and technical infrastructure, and revived operations at the country’s only mechanized diamond mine.

NMDC Monthly Business Update

In Chhattisgarh, the production for February 2025 was 3.37 million tonnes (MT), slightly lower than 3.41 MT in February 2024. Sales in February 2025 reached 2.79 MT, marginally higher than the 2.78 MT in February 2024. Cumulatively, up to February 2025, production stood at 27.49 MT, while sales totalled 28.09 MT, compared to 28.13 MT of production and 27.99 MT of sales up to February 2024.

In Karnataka, production for February 2025 was 1.25 MT, up from 0.51 MT in February 2024, with sales of 1.19 MT, slightly lower than 1.21 MT the previous year. Cumulatively, up to February 2025, production reached 13.00 MT, while sales amounted to 12.11 MT, compared to 12.11 MT in production and 12.49 MT in sales up to February 2024.

Overall, total production for February 2025 was 4.62 MT, with sales of 3.98 MT. Cumulative production reached 40.49 MT, while sales totalled 40.20 MT up to February 2025, slightly lower than the 40.24 MT of production and 40.48 MT of sales recorded up to February 2024.

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