Early in FY24, NMDC Steel’s privatization is expected to be complete.
The Center will shortly launch a financial bid process for the privatization of NMDC Steel with a goal of concluding the deal in early 2023–2024. The share price of NMDC Steel increased 4.88% to settle at Rs 33.3 on Tuesday after going public at Rs 30.25 on Monday. The Centre’s 60.79% stake was valued at…