based on 19 analysts
36.84%
Buy
21.05%
Hold
42.11%
Sell
Based on 19 analysts offering long term price targets for NMDC Ltd. An average target of ₹240.42
Source: S&P Global Market Intelligence
NMDC Ltd price forecast by 19 analysts
Upside of1.89%
High
₹325
Target
₹240.42
Low
₹180
NMDC Ltd target price ₹240.42, a slight upside of 1.89% compared to current price of ₹235.97. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
NMDC Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.19%
Forecast
Actual
Including amortisation and stock based compensations
NMDC Ltd EPS growth forecast
EPS estimate Q1, FY2026:32.51%
Forecast
Actual
Source: S&P Global Market Intelligence
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | + 5.26 % |
3 Month Return | + 6.52 % |
1 Year Return | + 44.72 % |
Market Stats | |
Previous Close | ₹238.91 |
Open | ₹239.98 |
Volume | 2.31Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹70,015.10Cr |
P/E Ratio | 11.74 |
PEG Ratio | 9.34 |
Market Cap | ₹70,015.10 Cr |
P/B Ratio | 2.33 |
EPS | 19.01 |
Dividend Yield | 3.59 |
Sector | Mining & Mineral products |
ROE | 23.59 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
HOLD | ₹70,015.10 Cr | 25.53% | 0.58 | ₹5,571 Cr | ₹21,307 Cr | |
BUY | ₹52,058.97 Cr | 2276.92% | 0.51 | ₹1,242 Cr | ₹6,521 Cr |
Organisation | NMDC Ltd |
Headquarters | Hyderabad |
Industry | Mining & Mineral products |
E-voting on shares | Click here to vote |
Key events for NMDC Ltd
NMDC Limited's stock rose over 4% as the Board plans to consider bonus shares for the first time in 16 years. The stock is up 48.3% from its 52-week low, reflecting strong investor interest and healthy financial metrics.
NMDC Plans Bonus Share Issue, Stock Rises - 05 Nov, 2024
NMDC Ltd announced a board meeting on November 11 to consider a bonus share issue, leading to a 3.60% rise in stock price. This marks the first bonus consideration in 16 years.
NMDC Reports Record Production and Sales in October - 04 Nov, 2024
NMDC achieved its best-ever October performance with iron ore production rising 4% to 4.07 million tonnes and sales increasing 17% to 4.03 million tonnes, reflecting strong operational excellence and demand.
NMDC Achieves Record Production in October - 02 Nov, 2024
NMDC reports its best-ever performance in October, driven by meticulous mine planning, increased demand, and consistent customer offtake. The company emphasizes sustainable practices and aims to contribute to India's mining sector growth.
NMDC Reports Increased Production and Sales Growth - 01 Nov, 2024
NMDC's iron ore production rose 4% YoY to 4.07 MT in October 2024, while H1 FY25 production increased 5.5% to 135 MT, reflecting strong demand in the steel sector.
NMDC Reports Strong Earnings, Denies Merger Talks - 28 Oct, 2024
NMDC Group announced a significant revenue and profit increase for the first nine months of 2024. The company also denied any ongoing merger discussions with KIOCL, emphasizing transparency and regulatory compliance.
NMDC Considers Merger with Kudremukh Iron Ore Company - 27 Oct, 2024
NMDC is exploring a potential merger with Kudremukh Iron Ore Company due to KIOCL's inability to commence mining operations at Devadiri, with proposals being developed for approval.
NMDC Gains Analyst Favor Amid Strategic Collaboration - 24 Oct, 2024
Analysts recommend NMDC as a strong investment option with a target price of Rs 308. Additionally, RITES Ltd has partnered with NMDC for rail connectivity projects, enhancing operational efficiencies.
NMDC Announces Price Hikes and Strategic Collaborations - 23 Oct, 2024
On October 23, NMDC announced new iron ore prices, leading to a 5% rise in shares. The company also signed a MoA with RITES for rail connectivity projects.
NMDC Maintains Production Targets Amid Price Adjustments - 21 Oct, 2024
NMDC reported a 10% QoQ decline in production volume for 2QFY25, totaling 17.5mt for 1HFY25. Despite weak growth due to monsoon, NMDC maintains its FY25 target of 50mt and recently announced a price hike of INR400/t. Motilal Oswal reiterates a BUY rating with a target price of INR290.
New Director Appointed at NMDC Limited - 19 Oct, 2024
Priyadarshini Gaddam has been selected as the new Director (Personnel) for NMDC Limited, enhancing leadership in the public sector undertaking focused on iron ore mining.
Change in Government Director at NMDC Limited - 17 Oct, 2024
NMDC Limited announced that Ms. Sukriti Likhi has ceased to be the Government Director on its board effective August 19, 2024, following her relinquishment of charge as Additional Secretary and Financial Adviser at the Ministry of Steel.
NMDC Shares Rise Amid Positive Weekly Gains - 16 Oct, 2024
NMDC Ltd shares increased by more than 3.5% over the past week, reaching ₹232. However, a decline in EBITDA per tonne is expected.
NMDC Plans Major Capex to Double Production Capacity - 15 Oct, 2024
NMDC Ltd. plans to invest Rs 75,000 crore to double its production capacity to over 100 million tonnes in the next decade, funded by internal accruals. The company aims to enhance profitability and achieve a capex of Rs 2,200 crore for FY25, with significant investments in infrastructure.
NMDC Q2 Profit Expected to Rise Significantly - 11 Oct, 2024
PL Capital forecasts NMDC's Q2 net profit to increase by 27.8% YoY to Rs. 1,310 crore, with net sales expected to rise 18.3% YoY to Rs. 4,750 crore.
NMDC Shares Plummet Amid Disappointing Stimulus News - 08 Oct, 2024
NMDC Ltd shares faced significant declines on October 8, 2024, dropping as much as 8% due to underwhelming Chinese economic stimulus announcements and a price cut. The stock's performance lagged behind the BSE Metal index and SENSEX, raising concerns about future earnings.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Profit Spike
Netprofit is up for the last 2 quarters, 1.41K Cr → 1.97K Cr (in ₹), with an average increase of 28.3% per quarter
Retail Holding Up
Retail Investor have increased holdings from 12.12% to 12.53% in Sep 2024 quarter
Price Rise
In the last 7 days, NMDC stock has moved up by 4.2%
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 48.6% return, outperforming this stock by 3.8%
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 124.6% return, outperforming this stock by 64.9%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 60.79% of holdings in Sep 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 6.41% to 6.28% in Sep 2024 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 6.90K Cr → 5.77K Cr (in ₹), with an average decrease of 16.4% per quarter
FII Holding Down
Foreign Institutions have decreased holdings from 12.76% to 12.60% in Sep 2024 quarter
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 60.79% | 0.00 | |
Foreign Institutions | 12.6% | ||
Mutual Funds | 6.28% | ||
Retail Investors | 12.53% | 3.31 | |
Others | 7.8% |
NMDC Ltd in the last 5 years
Lowest (1.04x)
November 17, 2022
Today (11.74x)
November 8, 2024
Industry (22.45x)
November 8, 2024
Highest (16.92x)
December 14, 2020
NMDC Ltd’s net profit jumped 19.28% since last year same period to ₹1,970.77Cr in the Q1 2024-2025. On a quarterly growth basis, NMDC Ltd has generated 39.51% jump in its net profits since last 3-months.
Read More about Earnings ResultsIn the quarter ending March 2024, NMDC Ltd has declared dividend of ₹1.50 - translating a dividend yield of 3.07%.
Read More about DividendsBearish
Neutral
Bullish
NMDC Ltd is currently in a Bullish trading position according to technical analysis indicators.
NMDC Ltd (NMDC) share price today is ₹235.97
NMDC Ltd is listed on NSE
NMDC Ltd is listed on BSE
PE Ratio of NMDC Ltd is 11.74
PE ratio = NMDC Ltd Market price per share / NMDC Ltd Earnings per share
Today’s traded volume of NMDC Ltd(NMDC) is 2.31Cr.
Today’s market capitalisation of NMDC Ltd(NMDC) is ₹70015.1Cr.
NMDC Ltd(NMDC | Price |
---|---|
52 Week High | ₹286.35 |
52 Week Low | ₹160.4 |
NMDC Ltd(NMDC) share price is ₹235.97. It is down -17.59% from its 52 Week High price of ₹286.35
NMDC Ltd(NMDC) share price is ₹235.97. It is up 47.11% from its 52 Week Low price of ₹160.4
NMDC Ltd(NMDC | Returns |
---|---|
1 Day Returns | -2.94% |
1 Month Returns | 5.26% |
3 Month Returns | 6.52% |
1 Year Returns | 44.72% |