Meanwhile, the BSE Sensex was up 83.63 points or 0.43% at 19,407.43.

On BSE, 2,451 shares were traded in the counter as against average daily volume of 7,547 shares over the past one quarter.

The stock hit a high of Rs 3,812.65 and a low of Rs 3,745.80 so far during the day. The stock had hit a 52-week high of Rs 6,039.23 on 7 August 2012. The stock had hit a 52-week low of Rs 2,555 on 4 June 2012.

The mid-cap stock had underperformed the market over the past one month till 27 December 2012, rising 1.6% compared with the Sensex's 2.56% rise. The scrip had also underperformed the market in past one quarter, sliding 18.09% as against Sensex's 4.01% gain.

The state-run iron ore miner has equity capital of Rs 0.60 crore. Face value per share is Re 1.

Shares of Orissa Minerals Development Company (OMDC) had fallen 4.26% in six trading sessions to settle at Rs 3735.05 on Thursday, 27 December 2012, from a recent high of Rs 3901.35 on 18 December 2012.

OMDC reported a net loss of Rs 0.54 crore in Q2 September 2012, higher than net loss of Rs 0.23 crore in Q2 September 2011. Total income rose 41.4% to Rs 21.09 crore in Q2 September 2012 over Q2 September 2011.

State-run OMDC was incorporated in the year 1918. Its mines are located around Barbil in Keonjhar District of Odisha. It is one of the oldest iron ore mining companies in India. The Government of India holds 50.01% stake in OMDC (as per the shareholding pattern as on 30 September 2012).