NMDC plunges 5% after Q2 profit declines 62%; Citi downgrades stock
The company's total income fell 45.44% to Rs 3,754.77 crore in the second quarter of the current financial year from Rs 6,882.44 crore in the year-ago period. During the same period, expenses also fell 31.34% at Rs 2,569.63 crore against Rs 3,742.64 crore.