Analyst Rating
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 ₹238.32
Source: S&P Global Market Intelligence
NMDC Ltd Share analysis
NMDC Ltd price forecast by 19 analysts
Upside of11.02%
High
₹325
Target
₹238.32
Low
₹170
NMDC Ltd target price ₹238.32, a slight upside of 11.02% compared to current price of ₹212.12. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
NMDC Ltd revenue growth forecast
Expected growth rate Q1, FY2026:22.37%
Forecast
Actual
Including amortisation and stock based compensations
NMDC Ltd EPS growth forecast
EPS estimate Q1, FY2026:34.51%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹209.45₹214.2852 Week's Low
52 Week's High
₹140.65₹286.35
| Returns % | |
| 1 Month Return | -2.37 % |
| 3 Month Return | -19.29 % |
| 1 Year Return | + 44.21 % |
| Market Stats | |
| Previous Close | ₹214.66 |
| Open | ₹214.10 |
| Volume | 69.52L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹62,908.39Cr |
Key Statistics
| P/E Ratio | 10.68 |
| PEG Ratio | 8.49 |
| Market Cap | ₹62,908.39 Cr |
| P/B Ratio | 2.33 |
| EPS | 19.01 |
| Dividend Yield | 3.59 |
| Sector | Mining & Mineral products |
| ROE | 23.59 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹62,908.39 Cr | 29.49% | 0.58 | ₹5,571 Cr | ₹21,307 Cr | |
| BUY | ₹42,910.22 Cr | 1451.06% | 0.51 | ₹1,242 Cr | ₹6,521 Cr |
Company Information
NMDC operates across multiple regions in India and has made strategic moves to extend its operations internationally, including a diamond mining project in Panna, Madhya Pradesh, and iron ore exploration in Australia. A notable fact about NMDC is that it is India’s largest iron ore producer and exporter, playing a vital role in the country's mining industry. As a government-owned entity under the Ministry of Steel, NMDC focuses on expanding its mining capacity and enhancing operational efficiency without significant involvement in mergers and acquisitions.
Share Price: ₹212.12 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹62,908.39Cr as of today
Revenue: ₹5,414.19Cr as on June 2024 (Q2 24)
Net Profit: ₹1,963.35Cr as on June 2024 (Q2 24)
Listing date: 03 Mar, 2008
Chairperson Name: Amitava Mukherjee
| Organisation | NMDC Ltd |
| Headquarters | Hyderabad |
| Industry | Mining & Mineral products |
| E-voting on shares | Click here to vote |
Key events for NMDC Ltd
NMDC Receives Rajbhasha Kirti Award Recognition - 18 Sep, 2024
NMDC Ltd has been honored with the Rajbhasha Kirti Award 2023-2024 for its effective implementation of the official language policy, showcasing its commitment to linguistic diversity.
NMDC Shares Trade Ex-Dividend with Final Dividend - 17 Sep, 2024
NMDC Ltd announced that its shares will trade ex-dividend today, following the declaration of a final dividend of Rs 1.50 per share.
NMDC Declares Dividend Ahead of Ex-Dividend Date - 16 Sep, 2024
NMDC Ltd has declared a final dividend of Rs 1.50 per share, with the ex-dividend date on September 17. The stock has shown significant gains over the past year but dipped recently.
NMDC Plans Expansion and Dividend Amid Price Recovery - 13 Sep, 2024
NMDC outlines a ₹2,200 crore expansion plan to double production by 2030 and announces a 150% dividend for FY 2023-24. Analysts recommend buying shares as iron ore prices are expected to recover.
NMDC Expands Operations and Pursues Global Mining Ventures - 12 Sep, 2024
NMDC is aggressively pursuing overseas mining opportunities for critical minerals while planning to double its iron ore production capacity to 100 MT by 2030. The company has allocated Rs 2,200 crore for FY25 to enhance infrastructure, including slurry pipelines and processing plants, and aims to reduce reliance on coal imports with new coking coal production. This strategic expansion aligns with growing domestic and international demand for iron ore.
NMDC Shares Decline Amid Falling Iron Ore Prices - 09 Sep, 2024
Global iron ore prices fell to a 22-month low, dropping below $90 per tonne due to weak Chinese demand. This decline has negatively impacted NMDC shares, which fell over 2% in mid-day trading.
NMDC Faces Production Decline Amid Expansion Challenges - 03 Sep, 2024
NMDC highlights concerns over Maoist activities affecting operations and reports a 9.9% drop in August iron ore production to 3.07 million tonnes, indicating ongoing challenges in meeting expansion goals.
NMDC Reports Production Decline, Shares Drop - 02 Sep, 2024
NMDC reported a 9.9% drop in iron ore production for August, totaling 3.07 million tonnes. Sales also decreased, leading to a 2.85% drop in share price.
NMDC Faces Heavy Penalty Over Mining Violations - 31 Aug, 2024
The Dantewada administration has imposed a Rs 1,620.5 crore penalty on NMDC for alleged violations of mining laws. NMDC claims the penalty is inappropriate and plans to contest it.
NMDC Secures Major Contract Amid Mixed Financial Results - 23 Aug, 2024
NMDC's June 2024 financials show slight sales growth and significant profit increase. The company also secured a $200 million contract from ADNOC for dredging works.
NMDC Implements Revamped Delegation for Project Management - 22 Aug, 2024
NMDC has empowered its Directors and Project Heads with enhanced decision-making powers to expedite project execution and achieve a 100 MT capacity goal. This restructuring aims to improve efficiency and transparency in managing capital schemes and infrastructure projects.
NMDC Reports Growth Amid Price Challenges - 21 Aug, 2024
NMDC Ltd achieved 18% EBITDA growth in Q1FY25, but faces near-term challenges from price cuts. Meanwhile, NMDC Steel reached a production milestone of 1 MnT Hot Rolled Coil.
NMDC Reports Strong Q1 Results Amid Volume Decline - 20 Aug, 2024
NMDC's Q1 FY25 results exceeded estimates, showing stable revenue of Rs 5,400 crore despite lower iron ore production and sales volumes. The company benefits from higher realizations and lower royalties.
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.
POSITIVE IMPACTProfit 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
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 12.60% to 12.76% in Jun 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 6.27% to 6.41% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Jindal Steel & Power Ltd has given 199.8% return, outperforming this stock by 142.0%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 60.79% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Jindal Steel & Power Ltd has given 49.9% return, outperforming this stock by 5.7%
NEGATIVE IMPACTRevenue 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
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 12.50% to 12.12% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, NMDC stock has moved down by -19.3%
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.79% | 0.00 | |
| Foreign Institutions | 12.76% | 1.31 | |
| Mutual Funds | 6.41% | 2.37 | |
| Retail Investors | 12.12% | ||
| Others | 7.91% | 0.84 |
Key Indicators
NMDC Ltd Valuation
NMDC Ltd in the last 5 years
Lowest (1.04x)
November 17, 2022
Today (10.68x)
September 17, 2024
Industry (23.09x)
September 17, 2024
Highest (16.92x)
December 14, 2020
Earnings and Dividends
NMDC Ltd Earnings Results
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 ResultsNMDC Ltd Dividends May,2024
In the quarter ending March 2024, NMDC Ltd has declared dividend of ₹1.50 - translating a dividend yield of 3.38%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
NMDC Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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NMDC Ltd (NMDC) share price today is ₹212.12
NMDC Ltd is listed on NSE
NMDC Ltd is listed on BSE
- Today’s highest price of NMDC Ltd is ₹214.28.
- Today’s lowest price of NMDC Ltd is ₹209.45.
PE Ratio of NMDC Ltd is 10.68
PE ratio = NMDC Ltd Market price per share / NMDC Ltd Earnings per share
Today’s traded volume of NMDC Ltd(NMDC) is 69.52L.
Today’s market capitalisation of NMDC Ltd(NMDC) is ₹62908.39Cr.
| NMDC Ltd(NMDC | Price |
|---|---|
52 Week High | ₹286.35 |
52 Week Low | ₹140.65 |
NMDC Ltd(NMDC) share price is ₹212.12. It is down -25.92% from its 52 Week High price of ₹286.35
NMDC Ltd(NMDC) share price is ₹212.12. It is up 50.81% from its 52 Week Low price of ₹140.65
| NMDC Ltd(NMDC | Returns |
|---|---|
1 Day Returns | -2.54% |
1 Month Returns | -2.37% |
3 Month Returns | -19.29% |
1 Year Returns | 44.21% |