Orissa Minerals Development Company Ltd (ORISSAMINE) is currently trading at 3,851.45 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Orissa Minerals Development Company Ltd is an iron ore and manganese ore mining company incorporated in 1918. It operates six mining leases in Odisha, including operations in Barbil, Keonjhar district. The company is a subsidiary of Eastern Investments Ltd, holding 50.01% interest, and is part of Rashtriya Ispat Nigam Limited since 2011 after government restructuring. OMDC has secured Supreme Court clearance to resume mining operations and sell undisposed mineral stock from Bhadrasahi and Belkundi mines, marking significant operational progress in 2022-23. The company achieved substantial milestones with the extension of mining lease periods and commenced e-auction for mineral sales, stimulating renewed activity in their operational mines. OMDC transitioned from privately managed to a government company, receiving Central Public Sector Enterprise status in 2010, enhancing its strategic positioning in the mining sector.

Over the past 52 weeks, Orissa Minerals Development Company Ltd has traded between a low of ₹3,099.60 and a high of ₹6,132.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Orissa Minerals Development Company Ltd has a market capitalization of approximately 2,372.73. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Orissa Minerals Development Company Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of -812.58 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 2,372.73 Cr, Orissa Minerals Development Company Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Orissa Minerals Development Company Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Orissa Minerals Development Company Ltd is -812.58. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

It validated ECs granted under the 2017 Notification and 2021 OM unless challenged on merits, directed pending applications to be processed, and allowed reconsideration of applications delisted solely due to the earlier stay or judgment.

The EAC recommended EC for 1.8 MTPA of iron ore and 0.3 MTPA of manganese ore at the Belkundi Iron & Manganese Ore Mine.

The EAC under the MoEF&CC recommended Environmental Clearance for the Belkundi Iron and Manganese Ore Mine.

OMDC’s board meeting is scheduled for Friday, July 24, 2026, to consider and take on record audited financial results for the year ended March 31, 2026.