NMDC.BO - NMDC Limited

BSE - BSE Real Time Price. Currency in INR
93.20
-3.00 (-3.12%)
At close: 3:58PM IST
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Previous close96.20
Open96.20
Bid0.00 x 0
Ask93.20 x 0
Day's range93.00 - 97.20
52-week range86.45 - 124.30
Volume126,473
Avg. volume274,032
Market cap285.364B
Beta (3Y monthly)0.73
PE ratio (TTM)7.74
EPS (TTM)12.04
Earnings date28 May 2019
Forward dividend & yield5.52 (5.51%)
Ex-dividend date2019-03-22
1y target est129.00
  • India steel production, demand may grow at 7 per cent
    Financial Express11 days ago

    India steel production, demand may grow at 7 per cent

    The domestic steel production and demand are expected to grow at 6%-7%, at a time when production and consumption in major countries such as China, Japan and the EU nations are likely to stagnate in the near future, said N Baijendra Kumar, CMD, NMDC.

  • Stock corner: ‘Hold’ NMDC shares, FY19 showing flags volume growth issue
    Financial Expresslast month

    Stock corner: ‘Hold’ NMDC shares, FY19 showing flags volume growth issue

    Earnings likely to remain under pressure going forward; ‘Hold’ maintained

  • Free Press Journallast month

    NMDC Limited invests USD 2.2 billion to set up a new integrated steel plant

    Government-owned NMDC Limited is ramping up its iron ore mining capacity and is planning to set up a new integrated steel manufacturing plant at a cost of 2.2 billion dollars (about Rs 15,335 crore). It will produce flat products like hot rolled plates, sheets, coils, automotive steel and API grade steel to the tune of 2.7 million tonnes. 

  • Analyst Corner: ‘Buy’on NMDC, stock value at Rs 111/share
    Financial Express4 months ago

    Analyst Corner: ‘Buy’on NMDC, stock value at Rs 111/share

    NMDC is currently shipping about 23 mtpa iron ore from this complex. In the worst case, if outcome in the Donimalai judgment is not favourable, NMDC will still have 17 mtpa profitable capacity.

  • NMDC Cuts Prices For Second Time In A Month Amid Mine Issues
    Bloomberg Quint5 months ago

    NMDC Cuts Prices For Second Time In A Month Amid Mine Issues

    NMDC lowers prices of lumps and fines by 8 percent each in December.

  • Reuters5 months ago

    Miner NMDC challenges Karnataka's demand for higher iron ore revenue

    India's biggest iron ore miner NMDC Ltd on Monday sued Karnataka to block demands for a bigger share of revenue from the sale of iron ore from a local mine, said a senior state-level official. Rajender Kataria, the state's mining secretary, told Reuters on Monday a court will hear the matter on Jan. 10. Karnataka plans to auction the Donimalai iron ore mine as NMDC, majority owned by the Indian government, refused to pay an additional levy on ore sales from the mine, he said.

  • Reuters6 months ago

    Karnataka may cancel NMDC's Donimalai mine lease in levy dispute

    The government of Karnataka on Friday warned NMDC Ltd that it will cancel the lease of its Donimalai iron ore mine if the state-owned miner refuses to pay an additional levy on the sale of its ore. Karnataka's threat to cancel the lease stems from a dispute between NDMC, India's biggest iron ore miner, and the state government over its decision to impose an 80 percent premium on ore sales from Donimalai. Karnataka levied the premium when it renewed NDMC's license for Donimalai on Nov. 2.

  • Simply Wall St.7 months ago

    Will NMDC Limited’s (NSE:NMDC) Earnings Grow In The Next Couple Of Years?

    The latest earnings announcement NMDC Limited (NSE:NMDC) released in March 2018 revealed that the company benefited from a robust tailwind, leading to a double-digit earnings growth of 50%. Below, I’ve Read More...

  • What is Behind NMDC Limited’s (NSE:NMDC) Superior ROE?
    Simply Wall St.8 months ago

    What is Behind NMDC Limited’s (NSE:NMDC) Superior ROE?

    I am writing today to help inform people who are new to the stock market and want to begin learning the link between company’s fundamentals and stock market performance. WithRead More...

  • Reuters10 months ago

    State miner NMDC says has won race for Andhra Pradesh gold mine

    Indian state-owned miner NMDC is the highest bidder in a government e-auction for a gold mine in Andhra Pradesh, beating resources conglomerates Vedanta and Adani, NMDC Chairman Baijendra Kumar told Reuters. NMDC is expected to invest about 4 billion rupees ($58.3 million) in the project, Kumar said without providing further detail on the company's bid. The state government is likely to notify NMDC as the bid winner some time next week, said Sreenivas Chowdary, deputy director of mines for Andhra Pradesh, confirming that Adani and Vedanta Resources had also bid.

  • Is NMDC Limited (NSE:NMDC) A Financially Strong Company?
    Simply Wall St.11 months ago

    Is NMDC Limited (NSE:NMDC) A Financially Strong Company?

    Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as NMDC Limited (NSE:NMDC), with a market capitalization of ₹341.54b, rarely draw their attention from the investing community.Read More...

  • NMDC Limited (NSE:NMDC) Has Attractive Fundamentals, Here’s Why
    Simply Wall St.11 months ago

    NMDC Limited (NSE:NMDC) Has Attractive Fundamentals, Here’s Why

    I’ve been keeping an eye on NMDC Limited (NSEI:NMDC) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe NMDCRead More...

  • Why NMDC’s Volumes Are Expected To Remain Muted In June Quarter
    Bloomberg Quintlast year

    Why NMDC’s Volumes Are Expected To Remain Muted In June Quarter

    NMDC’s hiked prices of iron ore to correct pricing disparity with imports, says director TK Rao.