BSE:NMDC 29 October 2025

NMDC Steel’s Profit Rally Short-Lived as Q2 Loss Triggers 7% Stock Slide

NMDC Steel Ltd reported a net loss of ₹115 crore for Q2 FY26, reversing from a ₹25.6 crore profit in the previous quarter. Revenue for July–September was ₹3,390 crore, up just 0.7% year-on-year, while EBITDA fell about 50% to ₹207 crore. The stock dropped 6.36% on Oct 29 after the results. Last year’s Q2 loss was much larger at ₹547–595 crore.

29 October 2025

BSE:NMDC·Stock Market

Elsight Boosts Defense Leadership Amid Rising Demand for Halo Platform
March 13, 2026, 4:11 PM EDT. Elsight (ASX:ELS) has appointed five senior business development leaders across key defense markets to support growing demand for its Halo connectivity platform in government and defense programs. The hires bring experience from the U.S. Department of Defense, NATO, and Israeli defense, potentially enhancing Elsight's capacity to secure long-term contracts for autonomous systems. Recently winning a US$21.2 million contract with a European drone maker underscores this growth narrative, but investors face risks if the company's costs outpace contract expansion. Forecasts project revenue climbing to $71.8 million by 2028, with earnings of $22.5 million, requiring aggressive annual growth. Analyst fair value estimates vary widely from A$1.99 to A$6.72, reflecting uncertainty about defense spending trends and Elsight's operating expense management.