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NMDC Ltd Share Price (NMDC)


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Q1 '23 Results
News and Events

Overview of NMDC Ltd

What's happening in NMDC Ltd

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    Today's Timeline - 03 Oct

    08:17 AM


    PM Modi to dedicate NMDC Steel Ltd's steel plant at Nagarnar in Bastar district, Chhattisgarh.

    10:02 AM


    Technical analyst advises buying NMDC Ltd.

Key events for NMDC Ltd

  • NMDC Steel Plant Inauguration Boosts Stock - 03 Oct, 2023

    Prime Minister Narendra Modi inaugurates NMDC Steel Ltd's steel plant in Chhattisgarh, while a technical analyst recommends buying NMDC Ltd.

  • NMDC Hikes Iron Ore Prices and Dedicates New Steel Plant - 02 Oct, 2023

    NMDC Ltd has hiked iron ore prices by Rs. 300/tonne in September, reflecting the recovery in international iron ore prices. The Prime Minister will dedicate NMDC Steel Ltd's new greenfield steel plant at Nagarnar, which is expected to provide employment opportunities and boost socioeconomic development.

  • Chhattisgarh CM Accuses Centre of Privatising NMDC Steel Mill - 01 Oct, 2023

    Chhattisgarh Chief Minister Bhupesh Baghel has accused the Centre of attempting to privatise the Nagarnar steel factory in Bastar district, leading to calls for a shutdown. The ruling Congress alleges that the Centre is intending to privatise the NMDC Nagarnar steel mill.

  • ICVL to Double Production Capacity - 29 Sep, 2023

    International Coal Ventures Private Limited (ICVL), a special purpose vehicle of SAIL, RINL, NMDC, CIL and NTPC, is planning to double its production capacity to 4 MTPA.

  • NMDC Among Top Performers - 28 Sep, 2023

    NMDC Ltd's stock has been performing well, closing positively on nine occasions with an average return of over 5%. It also features on a list of top-performing stocks.

  • NMDC Faces Logistics Issues Affecting Exports - 27 Sep, 2023

    NMDC Ltd is facing a severe shortage of rakes, which is affecting the company's ability to export low-grade iron ore to China. The company has also faced a fresh crisis after stopping normal supply of iron ore from Kirandul and Bacheli blocks in Bastar district of Chattisgarh.

  • NMDC Unable to Supply Full Quota of Iron Ore to RINL - 23 Sep, 2023

    NMDC has advised RINL to source iron ore from its Karnataka mines as it is unable to supply the full quota from Chhattisgarh. BJP spokesman urges intervention.

  • NMDC Ltd's Debt Reduced to Rs 4.23b with Net Cash of Rs 60.8b - 22 Sep, 2023

    As of March 2023, NMDC Ltd had a debt of Rs 4.23b, down from Rs 34.9b the previous year, and net cash of Rs 60.8b. Despite a 42% decrease in EBIT over the last year, NMDC has more cash than debt, indicating it can manage its debt safely.

  • AK Padhy Heads Sales and Marketing at NMDC Ltd - 21 Sep, 2023

    Shri AK Padhy, Executive Director of NMDC Ltd, heads the sales, marketing, and material management functions for various products. He has contributed to achieving record-breaking sales turnover of over INR 25000 Crores.

  • NMDC Shares Surge After Upward Revision in Iron Ore Prices - 14 Sep, 2023

    NMDC's shares surge over 5% to hit a new 52-week high following an upward revision in iron ore prices. ICICI Securities upgrades the stock to Buy with a revised target price of INR 180.

  • NMDC Stock Surges on Upgraded Rating and Volume Growth Potential - 13 Sep, 2023

    NMDC Ltd's stock surges as ICICI Securities upgrades it to 'Buy' with a raised target price of Rs 180, citing strong operating performance and potential for sales volume growth.

  • Stocks to Watch: NMDC Ltd - 11 Sep, 2023

    NMDC Ltd is among the stocks to watch today.

  • NMDC to Supply Iron Ore from Karnataka Instead of Chhattisgarh - 09 Sep, 2023

    NMDC Ltd has decided to supply iron ore from Karnataka instead of Kirandul and Bacheli blocks in Chhattisgarh, leading to an additional cost of around Rs.800 per tonne on transportation. Earnings remain stable.

  • NMDC Addresses Shareholders; BJP MP Urges Iron Ore Supply Restoration - 08 Sep, 2023

    India's largest iron ore producer, NMDC, outlined its vision for the future at its 65th AGM. A BJP MP also urged the Steel Minister to restore iron ore supply to RINL from NMDC's mines.

  • NMDC Shares Surge After PM Modi's Remark on PSU Companies - 07 Sep, 2023

    NMDC Ltd's shares witness a massive rally of 26.82% following PM Modi's remarks on PSU companies. The company also outlines its vision for sustainable mining practices at its AGM.

  • NMDC Ltd Gains on Domestic Activity - 05 Sep, 2023

    NMDC Ltd has gained over 20% in one month due to robust domestic activity. It is also among the stocks to watch.

  • NMDC Stock Sees Positive Momentum - 04 Sep, 2023

    NMDC Ltd's stock sees positive momentum with a proposed land lease deal, bullish setup, and breakout above falling supply line.

  • NMDC Well-Positioned for Growth in Domestic Steel Markets - 02 Sep, 2023

    NMDC Ltd is predicted to experience strong volume growth in domestic steel markets over the next two years due to its increased focus on mining business post-steel business demerger. Additionally, the company has achieved record production and sales figures in August 2023.

  • NMDC Reports Increase in Production and Sales - 01 Sep, 2023

    NMDC Ltd's shares rose by 5.5% after reporting a YoY increase in iron ore production and sales. Indian steel companies are also expected to drive volume growth.

  • NMDC Shares Trade Ex-Dividend - 31 Aug, 2023

    State-run iron ore producer NMDC Ltd's shares will trade ex-dividend on Thursday after the company declared a dividend of Rs 2.85 per share.

Analyst Rating for NMDC Ltd stock

based on 19 analysts


Based on 19 analysts offering long term price targets for NMDC Ltd. An average target of ₹135.74

Source: S&P Global Market Intelligence

NMDC Ltd share Performance

  • ₹148.3

    Day's Volatility:0.07%



    downward going graph
  • ₹92.25
    downward going graph



    52 Weeks Volatility:41.81%



    downward going graph
1 Month Return7.21 %
3 Month Return37.63 %
1 Year Return17.65 %
Previous Close₹147.95
Market Cap₹43,358.31Cr

NMDC Ltd Company Information

NMDC Ltd is an Indian government owned mining and steel making company incorporated in 1958. NMDC is the largest iron ore producer in India and is one of the top 10 steel producers in the country.

Its operations include mining of iron ore, manganese ore, diamond, and bauxite. Its top products include iron ore, pellets, and steel. Its popular brands include NMDC Iron Ore, NMDC Manganese Ore, NMDC Diamond, and NMDC Bauxite. NMDC is also involved in research and development activities in the field of mineral exploration, extraction, and processing. It has also diversified into renewable energy, power, and infrastructure sectors.

Share Price: ₹148.30 per share as on 03 Oct, 2023 12:11 PM
Market Capitalisation: ₹43,358.31Cr as of today
Revenue: ₹7,079.79Cr as on March 2023 (Q1 23)
Net Profit: ₹2,271.53Cr as on March 2023 (Q1 23)
Listing date: 03 Mar, 2008
Chairperson Name: Amitava Mukherjee
OrganisationNMDC Ltd
IndustryMining & Mineral products
E-voting on sharesClick here to vote

Fundamentals of NMDC Ltd

Insights on NMDC Ltd

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, 912.33 Cr → 2.27K Cr (in ₹), with an average increase of 59.8% per quarter


    Retail Holding Up

    Retail Investor have increased holdings from 12.48% to 14.21% in Jun 2023 quarter


    Revenue Rich

    Revenue is up for the last 3 quarters, 3.75K Cr → 7.07K Cr (in ₹), with an average increase of 24.5% per quarter


    MF Holding Up

    Mutual Funds have increased holdings from 5.91% to 6.70% in Jun 2023 quarter


    Price Rise

    In the last 3 years, NMDC stock has moved up by 77.2%

  • imgNO EFFECT

    Against Peers

    In the last 3 years, Jindal Steel & Power Ltd has given 256.6% return, outperforming this stock by 179.4%

  • imgNO EFFECT

    Against Peers

    In the last 1 year, Jindal Steel & Power Ltd has given 67.2% return, outperforming this stock by 49.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    Promoters holdings remained unchanged at 60.79% of holdings in Jun 2023 quarter


    FII Holding Down

    Foreign Institutions have decreased holdings from 7.33% to 6.98% in Jun 2023 quarter

NMDC Ltd share Valuation

NMDC Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.04x)

November 17, 2022

Today (7.85x)

September 29, 2023

Industry (7.99x)

September 29, 2023

Highest (16.92x)

December 14, 2020


Mutual Fund Holdings

Funds Holdings
Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth1.58%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth1.15%
Mirae Asset Emerging Bluechip Fund Direct Plan GrowthMirae Asset Emerging Bluechip Fund Direct Plan Growth0.55%
Aditya Birla Sun Life Flexi Cap Fund Direct Plan GrowthAditya Birla Sun Life Flexi Cap Fund Direct Plan Growth0.78%
Nippon India Arbitrage Fund Direct Plan GrowthNippon India Arbitrage Fund Direct Plan Growth1.17%

NMDC Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
Foreign Institutions
Mutual Funds
Retail Investors

Technicals of NMDC Ltd share

News & Events of NMDC Ltd

Frequently Asked Questions

NMDC Ltd (NMDC) share price today is ₹148.3

  • Today’s highest price of NMDC Ltd is ₹148.4.
  • Today’s lowest price of NMDC Ltd is ₹148.3.

Today’s traded volume of NMDC Ltd(NMDC) is 1.44Cr.

Today’s market capitalisation of NMDC Ltd(NMDC) is ₹43358.31Cr.

52 Week High
52 Week Low

NMDC Ltd(NMDC) share price is ₹148.3. It is down -3.86% from its 52 Week High price of ₹154.25

NMDC Ltd(NMDC) share price is ₹148.3. It is up 60.76% from its 52 Week Low price of ₹92.25

NMDC Ltd(NMDCReturns
1 Day Returns
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1 Year Returns