NMDC Steel stock surges 18% on Q4 FY26 profit turnaround
NMDC Steel’s shares leapt 18% to ₹52.60 after the company posted a Q4 FY26 net profit of ₹391.9 crore, reversing a loss of ₹473.4 crore a year earlier. Revenue rose 36.7% YoY to ₹3,879 crore, driving a full‑year profit of ₹58.7 crore and lifting the stock to a 20‑month high.