Shares of NMDC rallied up to 2% on Monday to a day's high of Rs 80.85 after the company announced that it has set a target of achieving net-zero operational emissions by 2047, covering Scope 1 emissions from direct fuel consumption and Scope 2 emissions associated with electricity use.
According to a filing with the exchange, the company has taken the decision as part of its commitment to progressively reduce the carbon footprint of its operations and transition towards lower-carbon mining practices.
