NMDC Analyst Rating
based on 19 analysts
47.37%
Buy
21.05%
Hold
31.58%
Sell
Based on 19 analysts offering long term price targets for NMDC. An average target of ₹80.88
Source: S&P Global Market Intelligence
NMDC Share analysis
NMDC price forecast by 19 analysts
Upside of19.49%
High
₹108.33
Target
₹80.88
Low
₹60
NMDC target price ₹80.88, a slight upside of 19.49% compared to current price of ₹67.66. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
NMDC revenue growth forecast
Expected growth rate Q1, FY2026:19.88%
Forecast
Actual
Including amortisation and stock based compensations
NMDC EPS growth forecast
EPS estimate Q1, FY2026:31.70%
Forecast
Actual
Source: S&P Global Market Intelligence
NMDC Performance
Day's Low
Day's High
₹67.45Day's Price Range₹68.5952 Week's Low
52 Week's High
₹63.4552-Week Price Range₹95.45
| Returns % | |
| 1 Month Return | -13.84 % |
| 3 Month Return | -15.18 % |
| 1 Year Return | -6.6 % |
| Market Stats | |
| Previous Close | ₹67.69 |
| Open | ₹67.94 |
| Volume | 2.00Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹59,511.81Cr |
NMDC Key Statistics
| P/E Ratio | 9.8 |
| PEG Ratio | 40.22 |
| Market Cap | ₹59,511.81 Cr |
| P/B Ratio | 2.33 |
| EPS | 6.33634984917421 |
| Dividend Yield | 3.59 |
| Sector | Mining & Mineral products |
| ROE | 23.59 |
NMDC Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹59,511.81 Cr | 24.53% | 0.58 | ₹5,571 Cr | ₹21,307 Cr | |
| BUY | ₹70,095.97 Cr | 3230.3% | 0.51 | ₹1,242 Cr | ₹6,521 Cr |
About NMDC
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: ₹67.66 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹59,511.81Cr as of today
Revenue: ₹4,918.91Cr as on September 2024 (Q3 24)
Net Profit: ₹1,195.63Cr as on September 2024 (Q3 24)
Listing date: 03 Mar, 2008
Chairperson Name: Amitava Mukherjee
| Organisation | NMDC |
| Headquarters | Hyderabad |
| Industry | Mining & Mineral products |
| E-voting on shares | Click here to vote |
Key events for NMDC Ltd
NMDC Reports Production Increase Amid Sales Decline - 02 Jan, 2025
NMDC's iron ore production rose 5.1% YoY in December 2024, reaching 4.71 MT, while sales fell 6.7% YoY to 3.91 MT. The company also reported an 18.1% increase in net profit for Q2 FY25.NMDC Reports Mixed Results in December Production - 01 Jan, 2025
NMDC reported a net profit of AED 2.2 billion for the first nine months of 2024. December saw a 5.1% increase in iron ore production, but sales declined by nearly 7%. Overall, the company faces challenges in sales despite production gains.NMDC Bonus Shares and CSR Initiatives Announced - 31 Dec, 2024
NMDC shares faced a decline after turning ex-bonus, despite the allotment of 586.12 crore bonus shares. The company also launched a CSR initiative to support tribal communities in Madhya Pradesh, showcasing its commitment to community welfare.Amitava Mukherjee's CMD Tenure Extended at NMDC - 28 Dec, 2024
Amitava Mukherjee has been reappointed as the Chairman-cum-Managing Director of NMDC for an additional year, starting November 20, 2024, following his selection by PESB.NMDC Faces Challenges Amid Bonus Share Issuance - 26 Dec, 2024
NMDC Ltd. is preparing for a 2:1 bonus share issuance while facing an 8.4% decline in shares due to tax liabilities. Additionally, the company launched the Swarojgar Yojana to promote self-employment in Chhattisgarh.NMDC Faces Tax Hikes Amid Bonus Share Announcement - 19 Dec, 2024
NMDC is under pressure due to proposed tax increases by Karnataka, which could significantly impact its operations and profit margins. The company also announced a record date for a bonus share issue, which may attract investor interest despite the looming tax concerns.NMDC Shares Plummet Amid Karnataka Tax Proposal - 18 Dec, 2024
NMDC shares dropped 6.55% on December 18 due to Karnataka's proposed mining tax, impacting the company's profitability. The stock has seen a significant decline over recent sessions.NMDC Sets Record Date for Bonus Shares - 17 Dec, 2024
NMDC Ltd has set December 27, 2024, as the record date for a 2:1 bonus share issue, following approvals from BSE and NSE. The deemed allotment date is December 30, 2024, with trading starting on December 31, 2024.NMDC Signs Agreements for Mega Steel Plant in Bastar - 15 Dec, 2024
NMDC has signed agreements with the Chhattisgarh government and SAIL to establish a mega steel plant in Bastar. Additionally, a railway line development agreement and an MoU for a pipeline and pellet plant were also signed.LIC Reduces Stake in NMDC Amid Market Pressure - 13 Dec, 2024
On December 13, NMDC shares fell 2.91% as LIC reduced its stake from 7.6% to 5.6%. Metal companies faced overall selling pressure, impacting NMDC's stock performance.Motilal Oswal Maintains Buy Rating on NMDC - 04 Dec, 2024
Motilal Oswal has reiterated a BUY rating on NMDC with a target price of Rs. 290, indicating a 23% upside. The firm cites strong growth prospects driven by rising steel demand and planned capacity expansion to enhance production to 100 MT by FY30E.
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 IMPACTRetail Holding Up
Retail Investor have increased holdings from 12.12% to 12.53% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Lloyds Metals & Energy Ltd has given 123.2% return, outperforming this stock by 129.8%
- NO EFFECT
Against Peers
In the last 3 years, Lloyds Metals & Energy Ltd has given 1172.1% return, outperforming this stock by 1059.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 60.79% of holdings in Sep 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 12.76% to 12.60% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, NMDC stock has moved down by -13.8%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 6.90K Cr → 5.27K Cr (in ₹), with an average decrease of 12.5% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 6.41% to 6.28% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.97K Cr → 1.21K Cr (in ₹), with an average decrease of 38.5% per quarter
NMDC Financials
Index Inclusions
NMDC Shareholding Pattern
| 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 Key Indicators
NMDC Valuation
NMDC in the last 5 years
Lowest (2.68x)
December 27, 2019
Today (9.80x)
January 2, 2025
Industry (21.20x)
January 2, 2025
Highest (16.66x)
March 19, 2019
NMDC Earnings and Dividends
NMDC Ltd Earnings Results
NMDC Ltd’s net profit jumped 18.06% since last year same period to ₹1,211.57Cr in the Q2 2024-2025. On a quarterly growth basis, NMDC Ltd has generated -38.52% fall 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 10.71%.
Read More about Dividends
NMDC Technicals Summary
Bearish
Neutral
Bullish
NMDC Ltd is currently in a Bearish trading position according to technical analysis indicators.
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NMDC Ltd (NMDC) share price today is ₹67.66
NMDC Ltd is listed on NSE
NMDC Ltd is listed on BSE
- Today’s highest price of NMDC Ltd is ₹68.59.
- Today’s lowest price of NMDC Ltd is ₹67.45.
PE Ratio of NMDC Ltd is 9.8
PE ratio = NMDC Ltd Market price per share / NMDC Ltd Earnings per share
Today’s traded volume of NMDC Ltd(NMDC) is 2.00Cr.
Today’s market capitalisation of NMDC Ltd(NMDC) is ₹59511.81Cr.
| NMDC Ltd(NMDC | Price |
|---|---|
52 Week High | ₹95.45 |
52 Week Low | ₹63.45 |
NMDC Ltd(NMDC) share price is ₹67.66. It is down -29.11% from its 52 Week High price of ₹95.45
NMDC Ltd(NMDC) share price is ₹67.66. It is up 6.64% from its 52 Week Low price of ₹63.45
| NMDC Ltd(NMDC | Returns |
|---|---|
1 Day Returns | -0.03% |
1 Month Returns | -13.84% |
3 Month Returns | -15.18% |
1 Year Returns | -6.6% |