loader2
Partner With Us NRI

NMDC Ltd share Price Today

Company details

265.05
277.70
103.75
277.70
6M Return 62.93%
1Y Return 159.16%
Mkt Cap.(Cr) 81,075.22
Volume 16,792,856
Div Yield 2.36%
OI
-
OI Chg %
-
Volume 16,792,856

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Steady operational performance…
About The Stock

    Incorporated in 1958, NMDC is Indias largest merchant iron ore miner.

    • During FY22, NMDC’s iron ore production volume was at ~42 million tonne (MT) while sales volume for FY22 was at ~41 MT
    • NMDC is one of the lowest cost iron ore producers in the world
Q3FY23

    NMDC reported a steady operational performance in Q3FY23.

    • For Q3FY23, NMDC reported sales volumes of 9.6 million tonnes (MT), up 14% QoQ but down 2% YoY, broadly in line with our estimate of 9.6 MT. Iron ore sales realisation for the quarter was at ₹ 3821/tonne, down 35% YoY and 2% QoQ (our estimate of ₹ 3800/tonne). EBITDA/tonne for the quarter was at ₹ 1193/tonne, up 18% QoQ but down 55% YoY (our estimate of ₹ 1250/tonne)

     

    • For the quarter, NMDC’s standalone revenue from operations was at ₹ 3720 crore, up 12% QoQ but down 37% YoY, broadly in line with our estimate of ₹ 3704 crore

     

    • Standalone EBITDA for the quarter was at ₹ 1143 crore, up 34% QoQ but down 56% YoY (our estimate of ₹ 1203 crore). EBITDA margin for the quarter was at 30.7% against our estimate of 32.5% (EBITDA margin of 44.5% in Q3FY22 and 25.7% in Q2FY23)

     

    • Ensuing standalone PAT for the quarter was at ₹ 890 crore, flattish QoQ (our estimate of ₹ 941 crore). Consolidated PAT for the quarter was at ₹ 904 crore, up 2% QoQ

Click here for full recommendation

Research view on more stocks

NMDC Ltd shares SWOT Analysis

Strengths (9)

  • MACD Crossover Above Signal Line
  • Stock passes majority of CANSLIM Investment criteria
  • Strong Momentum: Price above short, medium and long term moving averages

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (4)

  • Results Screener: Stocks with upcoming results which are seeing positive shifts in share price
  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low

Threats (0)

Data not found

Resistance and support

R1 281.7
R2 283.3
R3 285.2
Pivot

279.87

S1 278.3
S2 276.4
S3 274.8
EMA SMA
258.7
243.4
226.4
199.7
259.1
235.9
229.4
190.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BNP PARIBAS ARBITRAGE Bulk Sell 2024-02-29 225.68 33236062 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Purchase 2024-01-25 211.8 1087409 BSE
BNP PARIBAS ARBITRAGE Block Sell 2024-01-25 211.8 1087409 BSE
Name Category Shares
President of India PROMOTER 60.79%

OUR RESEARCH VIEW

Investment recommendation
Steady operational performance…
Call Date
16 Feb 2023
Entry Price 118.00
Target Price 140.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

NMDC Ltd Stocks COMPARISON

Financials( in Cr) NMDC Ltd Coal India Ltd Vedanta Ltd Lloyds Metals & Energy Ltd KIOCL Ltd
Price 276.65 470.25 442.65 711.30 445.15
% Change 3.50 0.51 1.20 2.73 5.17
Mcap Cr 81,075.22 289,802.28 164,542.12 35,938.72 27,054.04
Revenue TTM Cr 17,666.88 138,251.91 147,308.00 3,392.31 1,543.42
Net Profit TTM Cr 5,537.72 28,124.94 14,506.00 -288.54 -97.67
PE TTM 14.24 7.73 53.26 28.71 0.00
1 Year Return 159.16 97.83 59.72 26.27 136.78
ROCE 28.47 29.53 19.89 0.00 -4.37
ROE 22.69 56.03 22.74 0.00 -4.71
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 22,620.83 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 44,248.95 -31,659.16
LAST 3M 105,886.10 -43,482.14
LAST 6M 173,149.22 48,654.40
LAST 12M 264,707.07 127,969.33
NMDC revises board meeting date

May 18, 2024 l BSE Announcement

NMDC Limited - Board Meeting

May 13, 2024 l NSE Announcement

Date Action Type Ratio
Feb 27, 2024 Dividend 575
Aug 31, 2023 Dividend 285
Feb 24, 2023 Dividend 375

NMDC Ltd Information

Stock PE (TTM)
14.24
Promoter Holding
60.79%
Book Value
83.5571
ROCE
28.47%
ROE
22.69%
Description
  • NMDC Ltd is a listed company that operates in Mining & Mineral products and has a market capitalization of Rs 489216.47 crore on 18th August 2021. At the end of June 2021, it registered revenue of Rs 6512.21 crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned number 526371 and scrip code NMDC. As of 17th August 2021, NMDC Ltd is trading at Rs. 166.90.

    NMDC Ltd was incorporated on 15th November 1958, as a fully owned government company named National Mineral Development Corporation Pvt Ltd. In the year 1959-60, the company’s name has been changed from National Mineral Development Corporation Pvt Ltd to National Mineral Development Corporation Limited. NMDC is India’s single largest iron ore producer principally operate its three fully mechanized iron ore mining complexes at Kirandul and Bacheli within the State of Chhattisgarh and Donimalai in the State of Karnataka, each of which mines consists of several iron ore mines. In starting years of incorporation, the company sells its products to domestic markets. Department of Public Enterprise, Govt. of India recognized NDMC Ltd as Mini Ratan in 1998. During the year 2009-10, the Govt. of India disinvested 8.38% of their holding within the company aggregating 332,243,200 equity shares of the face value of Re.1/- each through an Offer for Sale. NMDC signed an MoU on 2nd April 2018 with Indian Rare Earths Limited to explore opportunities in rare earth in India and abroad and also in setting up the downstream value chain for RE compounds.

    In June 2021, net sales were Rs 6512.21 crore, up 236.11% from Rs 1937.50 crore in June 2020. The quarterly Net Profit in June 2021 was Rs. 3192.84 crore, up 499.14% from Rs. 532.90 crore in June 2020. In June 2020, EBITDA will be Rs. 4318.77 crore, up 428.43% from Rs. 817.28 crore in June 2020. From Rs. 1.73 in June 2020, NDMC Ltd EPS has risen to Rs. 10.87 in June 2021. NDMC Ltd’s stock closed at 92.54 on 13th August 2020 (NSE) and has returned 54.26% in the last six months and 85.60% in the previous year.

Registered Address

Khanji Bhavan 10-3-311/A, Castle Hills Masab Tank, Hyderabad, Telangana, 500028

Tel : 91-040-23538723/23538767/23538714
Email : ims:nmdc.co.in
Website : http://www.nmdc.co.in
Registrar

Aarthi Consultants Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 526371
NSE Code : NMDC
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE584A01023

FAQ’s on NMDC Ltd Shares

You can buy NMDC Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy NMDC Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 17, 2024 03:59 PM the closing price of NMDC Ltd was Rs.276.65.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 17, 2024 03:59 PM, the market cap of NMDC Ltd stood at Rs. 81,075.22.

The latest PE ratio of NMDC Ltd as of May 17, 2024 03:59 PM is 14.24

The latest PB ratio of NMDC Ltd as of May 17, 2024 03:59 PM is 0.30

The 52-week high of NMDC Ltd share price is Rs. 277.70 while the 52-week low is Rs. 103.75

According to analyst recommendations, NMDC Ltd Share has a "Buy" rating for the long term.

Download App

Download Our App

Play Store App Store
market app