ORISSA MINERALS DEVELOPMENT CO Share Price

BSE

Company Profile


Orissa Minerals Development Company Limited (OMDC) was incorporated in 1918. It was one of the Specified Companies of Bird & Company Limited. The company is listed at Calcutta Stock Exchange (CSE), National Stock Exchange of India Limited (NSE), and got trading permission to trade under the permitted category in the Bombay Stock Exchange Limited (BSE). It operates six iron ore and manganese ore mining leases at Barbil in the district of Keonjhar, Odisha. The lease rights of all the six mines have expired and the six mines are inoperative for want of Statutory Clearances, for which necessary actions are taken by the company to start mining. The company is meeting its expenses from the interest earnings. The mines together have an estimated reserve of about 206 million tonnes of iron ore and 44 million tonnes of manganese ore.

Return Calculator

This tools helps you project your potential returns on investments for the given stock, for a specified amount over a pre-defined period of time.

Invested amount

Investment period

1 year
2 year
5 year
=
up down
Returns
CAGR
%