NMDC Shares Drop 7% Amid Ex-Date for 1:2 Bonus Issue
NMDC Shares, India’s largest iron ore producer, has seen a noticeable drop in its stock price over the past week, with a 7% decline in just six days. The stock is currently trading ex-date for the issuance of bonus shares in a 2:1 ratio. Although the stock opened higher, it faced selling pressure and the…