NMDC Share Price
(NMDC)
₹65.18
as on 04:01PM, 11 Mar 2025
🔔 Downgrade Alert
Kotak Institutional Equities issues a Sell call on NMDC with a target price of ₹55, citing declining iron ore prices and increased competition.
NMDC Performance
Day's Low
Day's High
₹63.71Day's Price Range₹65.6552 Week's Low
52 Week's High
₹59.752-Week Price Range₹95.45
| Returns % | |
| 1 Month Return | + 7.2 % |
| 3 Month Return | -17.98 % |
| 1 Year Return | -13.57 % |
| Market Stats | |
| Previous Close | ₹65.93 |
| Open | ₹64.70 |
| Volume | 2.01Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹57,964.45Cr |
NMDC Key Statistics
P/E Ratio
8.95
PEG Ratio
190.59
Market Cap
₹57,964.45 Cr
P/B Ratio
2.33
EPS
6.33634984917421
Dividend Yield
3.59
Sector
Mining & Mineral products
ROE
23.59
NMDC Mutual Fund Holdings
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 ₹74.54
Source: S&P Global Market Intelligence
NMDC Share analysis
NMDC price forecast by 19 analysts
Upside of13.06%
High
₹108.33
Target
₹74.54
Low
₹55
NMDC target price ₹74.54, a slight upside of 13.06% compared to current price of ₹65.18. According to 19 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
NMDC revenue growth forecast
Expected growth rate Q1, FY2027:28.85%
Forecast
Actual
Including amortisation and stock based compensations
NMDC EPS growth forecast
EPS estimate Q1, FY2027:40.69%
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
09:46 AM
-Kotak Institutional warns NMDC's earnings may peak in FY25, issuing a Sell recommendation with a target price of ₹55.
01:41 PM
-NMDC shares drop 3.5% as Kotak cuts target price to ₹55, citing declining iron ore prices and increased competition.
04:11 PM
-Government has not decided on the proposed merger of NMDC and KIOCL, according to junior Steel Minister.
Today's Timeline - Invalid Date
04:53 PM
-NMDC faces challenges as trade unions strike, complicating efforts to meet production targets.
Key events for NMDC Ltd
NMDC Faces Earnings Pressure Amid Strikes and Downgrades - 11 Mar, 2025
NMDC's earnings are projected to peak in FY25, with Kotak Institutional issuing a Sell call and cutting target prices. A strike complicates production targets, while merger talks remain undecided.NMDC Faces Protests and Announces Interim Dividend - 09 Mar, 2025
NMDC plans to announce an interim dividend on March 17, 2025, while facing significant disruptions due to worker protests over wage revisions, leading to a production drop of over 60%.NMDC Appoints New CMD and Reports Production Growth - 07 Mar, 2025
Amitava Mukherjee has been appointed as CMD of NMDC, effective March 6, 2025. The company reported a significant increase in iron ore production for February 2025, while also planning an interim dividend meeting on March 17, 2025.Amitava Mukherjee Takes Charge as NMDC CMD - 06 Mar, 2025
Amitava Mukherjee has been appointed as the full-time Chairman and Managing Director of NMDC, effective March 6, 2025. Under his leadership, NMDC achieved a historic milestone of surpassing 45 million tonnes of iron ore production in FY24, along with the highest turnover and net worth in its history.NMDC Achieves Five Awards at PSU Awards - 05 Mar, 2025
NMDC, India's largest iron ore producer, received five prestigious awards at the Governance Now 11th PSU Awards, highlighting its leadership in innovation and operational excellence.NMDC Reports Strong Production Growth and Leadership Changes - 01 Mar, 2025
NMDC reported a significant 17.8% increase in iron ore production for February 2025, reaching 4.62 million tonnes. The company also appointed Priyadarshini Gaddam as Director (Personnel) and suspended Director (Commercial) V Suresh due to corruption allegations. Overall, NMDC's operational momentum continues to strengthen its position in the iron ore sector.NMDC Ltd Explores Critical Minerals in Australia - 28 Feb, 2025
NMDC Ltd, along with other public sector units, is exploring critical mineral blocks in Australia, a move that may impact its market position.Experts Remain Bullish on NMDC Despite Price Drop - 25 Feb, 2025
NMDC shares have dropped 17% over the past year, but experts remain optimistic due to strong growth prospects in the iron ore sector. The company reported a 29% YoY profit increase for Q3FY25, and analysts suggest a target price of ₹90, indicating a potential upside. Technical indicators show a neutral sentiment, with key resistance levels to watch for bullish trends.NMDC Advances Electric Vehicle Infrastructure - 24 Feb, 2025
NMDC has established a fast-charging station at its corporate office in Hyderabad, enhancing the nation's electric vehicle infrastructure and promoting sustainable transportation.NMDC Stock Sees Modest Price Increase - 22 Feb, 2025
On February 21, 2025, NMDC Limited's share price rose by 0.42% to Rs. 67.40, reflecting a market capitalization of approximately Rs. 59,256 crore. The stock's P/E ratio of 9.09 indicates it may be undervalued compared to the industry average of 19.9, and it is trading at a 29% discount from its 52-week high of Rs. 95.45.NMDC Faces Uncertainty from Karnataka Mining Bill - 21 Feb, 2025
NMDC Ltd's shares have dropped significantly due to the Karnataka mining bill, which increases royalty payments. The company faces challenges in passing on costs and managing contingent liabilities, impacting future earnings projections.NMDC Group Commits ₹21,000 Crore to Vadhvan Port - 18 Feb, 2025
NMDC Group PJSC has signed a ₹21,000 crore MoU with Jawaharlal Nehru Port Authority for the development of Vadhvan Port, enhancing India's maritime infrastructure.NMDC Delivers Impressive 12% Dividend Yield - 17 Feb, 2025
NMDC Ltd has yielded a 12% dividend in 2024, outperforming traditional savings options like PPF and bank FDs. The company distributed ₹7.5 per share, marking the highest dividend yield among mid-cap companies.NMDC Reports Strong Revenue Growth in Q3FY25 - 12 Feb, 2025
NMDC reported a 21% year-on-year revenue growth to Rs 6,600 crore in Q3FY25, driven by strong volume growth and increased iron ore production. Operating profit rose significantly, supported by sustained price hikes.NMDC Stock Declines Amid Positive Analyst Outlook - 11 Feb, 2025
NMDC's share price dropped 4.34% to Rs 61.34, while Motilal Oswal maintains a BUY rating with a revised target of Rs 80, citing growth potential.NMDC Reports Strong Earnings Amid Tariff Concerns - 10 Feb, 2025
On February 10, 2025, NMDC's strong Q3FY24 earnings were overshadowed by potential tariff impacts from Trump's announcement on steel and aluminum imports. Analysts suggest a positive long-term outlook despite recent stock corrections.
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, 1.21K Cr → 1.88K Cr (in ₹), with an average increase of 35.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 6.28% to 6.90% in Dec 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 1 month, NMDC stock has moved up by 7.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 5.27K Cr → 6.94K Cr (in ₹), with an average increase of 24.0% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 12.53% to 12.62% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 60.79% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Lloyds Metals & Energy Ltd has given 101.8% return, outperforming this stock by 115.4%
- NO EFFECT
Against Peers
In the last 3 years, Lloyds Metals & Energy Ltd has given 755.7% return, outperforming this stock by 677.5%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 12.60% to 12.12% in Dec 2024 quarter
NMDC Financials
Index Inclusions
NMDC Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 60.79% | 0.00 | |
| Foreign Institutions | 12.12% | ||
| Mutual Funds | 6.9% | 9.93 | |
| Retail Investors | 12.62% | 0.74 | |
| Others | 7.57% |
NMDC Key Indicators
NMDC Valuation
NMDC in the last 5 years
Lowest (2.68x)
December 27, 2019
Today (8.95x)
March 10, 2025
Industry (20.44x)
March 10, 2025
Highest (16.66x)
March 19, 2019
NMDC Earnings and Dividends
NMDC Ltd Earnings Results
NMDC Ltd’s net profit jumped 26.82% since last year same period to ₹1,881.96Cr in the Q3 2024-2025. On a quarterly growth basis, NMDC Ltd has generated 55.33% 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 11%.
Read More about Dividends
NMDC Technicals Summary
Bearish
Neutral
Bullish
NMDC Ltd is currently in a Bullish trading position according to technical analysis indicators.
NMDC Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹57,964.45 Cr | 49% | 0.58 | ₹5,571 Cr | ₹21,307 Cr | |
| BUY | ₹60,468.45 Cr | 3642.92% | 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: ₹65.18 per share as on 11 Mar, 2025 04:01 PM
Market Capitalisation: ₹57,964.45Cr as of today
Revenue: ₹6,567.83Cr as on December 2024 (Q4 24)
Net Profit: ₹1,896.66Cr as on December 2024 (Q4 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 |
FAQs on NMDC Ltd
What is NMDC Ltd price today?
NMDC Ltd share price today stands at ₹65.18, Open: ₹64.7, Previous Close: ₹65.93, High: ₹65.65, Low: ₹63.71, 52 Week High: ₹95.45, 52 Week Low: ₹59.7.
How to Buy NMDC Ltd Share in India?
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Is NMDC Ltd listed on NSE?
NMDC Ltd is listed on NSE
Is NMDC Ltd listed on BSE?
NMDC Ltd is listed on BSE
What are today's High and Low prices of NMDC Ltd?
- Today's highest price of NMDC Ltd is ₹65.65.
- Today's lowest price of NMDC Ltd is ₹63.71.
What are today's traded volumes of NMDC Ltd?
Today's traded volume of NMDC Ltd(NMDC) is 2.01Cr.
What is today's market capitalisation of NMDC Ltd?
Today's market capitalisation of NMDC Ltd(NMDC) is ₹57964.45Cr.
What is the 52 Week High and Low Range of NMDC Ltd?
How much percentage NMDC Ltd is down from its 52 Week High?
NMDC Ltd (NMDC) share price is ₹65.18. It is down -31.71% from its 52 Week High price of ₹95.45
How much percentage NMDC Ltd is up from its 52 Week low?
NMDC Ltd (NMDC) share price is ₹65.18. It is up 9.18% from its 52 Week Low price of ₹59.7
What are the historical returns of NMDC Ltd?
What is the PE ratio of NMDC Ltd today?
PE Ratio of NMDC Ltd is 8.95
PE ratio = NMDC Ltd Market price per share / NMDC Ltd Earnings per share