NMDC Ltd.
Share Price Target & Analysis

NSE:NMDC

265.44

VWAP

258.50

Open

258.5

Close

269.90

High

258.15

Low

269.90

52 Week High

268.95
10.45 (4.04%)

NMDC

(METALS)
99.4% Momentum

Trending & Favourite

103.75

52 Week Low

22.0

EPS

18.81

PE

3.53

PB

Standard
Quality

Steel
Valuation

#Analysis

NSE: NMDC Share Price Financial Analysis & Valuation

NMDC Ltd. (NMDC) is broadly categorized in METALS segment industry which deals in Mining & Minerals vertical. It is one of Large Cap company with Market Capitalization of Rs 39328.9 (in Cr). Total number of free float shares are 316.4 (in Lacs). NMDC Ltd. is listed on NSE with Exchange ID - INE584A01023 and trading code is NSE:NMDC with short name NMDC.

NMDC Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

NMDC Ltd. is also traded in Future & Options (Derivative segment of NSE).

NMDC Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. NMDC is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, NMDC Ltd. has declared an equity dividend of Rs 6.6 per share. At the current share price of NMDC at Rs 268.95, this results in a dividend yield of 2.45 %.

As per the Fundamental Analysis of NSE:NMDC, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NMDC underlying value and future prospects. All of this data is available in NMDC financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NMDC, it is clearly understood that NMDC is Standard performer in terms of earnings and profit margins with an EPS of 22.0. NSE:NMDC book value per share as of today is 76.20. The current price to book ratio for NMDC as of May 04, 2024 is 3.53.

Valuation of the Stock: The current valuation of NMDC stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NMDC whether to BUY this stock at current valuation. The delivery percentage of NMDC is 45.36% is very crucial parameter which shows that 45.36% investors are anticipating that the price of NMDC share should go up with VWAP at 265.44.

Now, the main question is whether to BUY or SELL, NSE:NMDC at current valuation.
As per latest Analysis No. #2417:-

STRONG BUY NMDC if All Greens

BUY NMDC (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD NMDC (With Stop Loss) if only 1 Green

SELL NMDC if NO Green Indicator

NSE: NMDC Share Price Today (May 04, 2024)

(NMDC Ltd. Daily Analysis on the basis of NMDC Intraday Graph & Trend)

NMDC Ltd. share price moved Up by 4.04% from its previous close of Rs 258.5. NMDC stock last traded price is 268.95. NMDC share price trend is Up with a total of 38974667 stocks traded till now. It has touched an intraday high of Rs 269.90 and an intraday low of Rs 258.15. The NMDC trading at 268.95, Up by Rs. 10.45, or 4.04 percent which suggests that most of the Traders are anticipating that the price of NMDC share should go Up.

NSE: NMDC Share Price Tomorrow Prediction

(NMDC Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NMDC)

NMDC Ltd. share price moved Up by 4.04%. NMDC share price short term trend is Up. It suggests that NMDC Share Price for Tomorrow remains the same with VWAP at 265.44 will be treated as stop loss for intraday traders. NMDC Ltd. Long term investors can follow the NMDC long term trend as mentiond in future forecast table.

NSE Code

NSE: NMDC

NMDC Share Price Today

268.95

NMDC Share Price Target Prediction for 2024 ^

180 - 271.2

NMDC Share Price Target Prediction for 2025*^

271.2 - 289

NMDC Share Price Target Prediction for 2026*^

289 - 309.2

NMDC Share Price Target Prediction for 2027*^

325

NMDC Share Price Target Prediction for 2028*^

334

NMDC Share Price Target Prediction for 2030*^

364
NMDC Current Book Value 2023
75.8

*NMDC Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^NMDC share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

NMDC Technical Analysis

Candlestick Pattern: @254.9

NMDC Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 249.57 BUY 250.77 BUY
MA_12 241.99 BUY 241.62 BUY
MA_20 232.62 BUY 236.51 BUY
MA_32 223.91 BUY 231.21 BUY
MA_50 227.89 BUY 227.33 BUY
MA_100 222.67 BUY 217.16 BUY
MA_200 179.63 BUY 189.84 BUY

NMDC Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 232.62 Uptrend
MACD 2.82 BUY
ADX 22.03 NO or Weak Trend
DMI (+/-) 33.71 / 15.8 Uptrend

NMDC Momentum Oscillators

BUY (7) NEUTRAL (3) SELL (2)
Momentum Oscillators Value Action
RSI 68.71 Neutral
STOCHASTIC_K (Fast) 83.71 Overbought
STOCHASTIC_D (Slow) 91.86 Overbought
CCI 159.32 BUY
PSAR 240.46 BUY
TRUE RANGE 7.9 SELL
ATR 8.55 SELL
WILLIAMS R -14.88 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 74.35 Neutral
STOCHASTIC RSI D 91.45 Overbought
MOMENTUM 51.45 BUY

NMDC Last 1 Year Trend

Duration Value
1 Year 134.28%
3 Months 19.76%
1 Month 25.29%
1 Week 7.19%

NMDC Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 80%
NEUTRAL / HOLD 13%
SELL 7%

Most popular Questions & Answers about NMDC


NMDC Ltd. stock last traded price is 268.95. NMDC share price moved Up by 4.04% from its previous close of Rs 258.5.

NMDC Ltd. share price trend is Up with a total of 38974667 stocks traded till now. It has touched an intraday high of Rs 272.599 and an intraday low of Rs 258.15. The NMDC trading at 268.95, Up by Rs. 10.45, or 4.04 percent which suggests that most of the Traders are anticipating that the price of NMDC share should go Up and the Stop Loss will be around 265.44.

The market cap of NMDC Ltd. is ₹39328.9 (in Cr) as of May 03, 2024.

The current price to earning ratio for NMDC Ltd. as of May 03, 2024 is 18.81.

The current price to book ratio for NMDC Ltd. as of May 03, 2024 is 3.53.

The highest price of NMDC Ltd. stock is ₹269.90 in the last 52-week.

The lowest price of NMDC Ltd. stock is ₹103.75 in the last 52-week.

NMDC Ltd. share trading at ₹268.95, Up by Rs. 10.45, or 4.04 percent which suggests that most of the traders are anticipating that the price of NMDC share should go Up.

In 2023, Stock price target for NMDC Ltd. (NMDC) are ₹180 on downside and ₹271.2 on upside. NMDC Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for NMDC Ltd. (NMDC) are ₹271.2 on downside and ₹289 on upside. NMDC Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for NMDC Ltd. (NMDC) are ₹289 on downside and ₹309.2 on upside. NMDC Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for NMDC Ltd. (NMDC) will be around ₹334 NMDC Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NMDC.

As per the fundamental analysis of NMDC Ltd. (NMDC), it is of Standard quality in terms of earnings and profit margins with an EPS of 22.0. NMDC Ltd. book value per share as of today is 76.20. The current price to book ratio for NMDC as of May 04, 2024 is 3.53.


NSE:NMDC News & Other Useful Information about NMDC Share Price


Peer Comparison of NSE: NMDC

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Mining & Minerals

Company Price EPS BV
VEDL 415.65 17.82 176.3
COALINDIA 474.60 25.26 27.11
NMDC 268.95 22 76.2
SMLT 257.65 13.43 76.69
MOIL 445.50 13.91 110.29
GMDCLTD 448.65 27.05 181.11
MAITHANALL 1273.70 106.7 938.01
IMFA 738.35 68.85 344.53
ORISSAMINE 6863.10 0 -21.34
ASHAPURMIN 317.65 11.55 2.72
Updated at: 03 May 2024 15:59

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