AI-generated · cited to primary sources · not investment advice
The production trend is accelerating sharply on a sequential basis (60% increase in production volume compared to Q2), supported by upcoming capacity enhancements in Deposit 5 and 10. (1 accelerating across 1 signal)
“The higher royalty is on account of higher production that is there, which is about 50 lakh tons increase as compared to Q2... production as compared to Q2 has gone up by 60%.”
See the full cited Future Growth analysis of NMDC
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