NMDC Limited (NSE: NMDC)
India
· Delayed Price · Currency is INR | Market Cap | 625.24B |
| Revenue (ttm) | 222.32B |
| Net Income (ttm) | 60.79B |
| Shares Out | n/a |
| EPS (ttm) | 20.74 |
| PE Ratio | 10.29 |
| Forward PE | n/a |
| Dividend | 7.25 (3.39%) |
| Ex-Dividend Date | Sep 17, 2024 |
| Volume | 19,089,682 |
| Open | 214.50 |
| Previous Close | 214.12 |
| Day's Range | 211.10 - 219.24 |
| 52-Week Range | 190.35 - 286.35 |
| Beta | 0.96 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 10, 2025 |
About NMDC Limited
NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. It explores for a range of minerals, such as iron ore, copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands. The company primarily holds interests in the Bailadila iron ore mines located in Kirandul Complex and Bacheli Complex, Chattisgarh; Donimalai iron ore mines located in various regions, including Donimalai and Kumaraswamy, Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. In addition, it produces a... [Read more]
Financial Performance
In 2023, NMDC Limited's revenue was 213.08 billion, an increase of 20.61% compared to the previous year's 176.67 billion. Earnings were 55.75 billion, a decrease of -0.47%.
Financial StatementsNews
Nuvama warns of impact from Karnataka Mineral Tax proposal; Vedanta, NMDC to be most affected
Nuvama flagged risks from a proposed Karnataka government bill to levy taxes on iron ore and other minerals, a move that could have far-reaching implications for miners and consumers alike. Following ...
NMDC shares drop nearly 4% as Karnataka govt considers increasing iron ore duty
NMDC shares fell 3.83% to ₹218.80 in today’s trade following reports that the Karnataka government may hike duty on iron ore. The move is aimed at generating approximately ₹10,000 crore in revenue thi...
NMDC LTS signs definitive agreement to acquire a 70% equity stake in Emdad
The acquisition enables NMDC Group to provide a broader range of services
NMDC’s iron ore production and sales grow in November 2024
NMDC Limited reported its iron ore production and sales data for November 2024, showing robust monthly growth while maintaining steady cumulative figures for the financial year. Monthly Highlights (No...
NMDC sets up dedicated vertical to drive innovation & transformation
India News: HYDERABAD: State-run iron miner NMDC has set up a dedicated transformation and innovation vertical to leverage innovative technology to drive its visi.
NMDC’s market cap rises by Rs 1,196.38 crore – Know More
Shares of NMDC Limited rose 1.86% today, reaching ₹222.88 from the previous close of ₹218.80. The company’s market capitalization increased to ₹65,317.34 crore, reflecting a gain of ₹1,196.38 crore fr...
NMDC shares fall over 2% following Q2 FY25 results; Declares 2:1 Bonus Issue
NMDC Ltd., India’s largest iron ore producer, released its Q2 FY25 financial results, demonstrating a steady performance with a rise in revenue but encountering some cost challenges. Alongside the ear...
JPMorgan maintains ‘Underweight’ rating on NMDC with target price of Rs 210, expecting 10% downside
JPMorgan has reiterated its ‘Underweight’ rating on NMDC, with a target price of ₹210, indicating a potential 10% downside from the current market price (CMP) of ₹233.50. Key points from JPMorgan’s an...
NMDC Q2 FY25 Results: Revenue up 22.6% YoY to 4918.91 crore, Net profit up 16.6% YoY
NMDC Ltd. announced its Q2 FY25 financial results, showing a balanced performance with growth in revenue but facing certain cost-related challenges. The company reported revenue from operations of ₹4,...
NMDC board approves issue of bonus shares in the ratio of 2:1
NMDC Ltd.’s board has approved the issuance of bonus shares to shareholders in the ratio of 2:1. This means that shareholders will receive two fully paid-up bonus equity shares with a face value of ₹1...
Q2 results today: ONGC, Britannia, Hindalco, NMDC, Shree Cements among stocks in focus
A host of prominent companies, including ONGC, Britannia, Hindalco, NMDC, and Shree Cements, are set to announce their Q2 FY24-25 results today. Here’s a snapshot of their current stock prices and ear...
NMDC to consider bonus issue – Know More
NMDC has announced that its Board of Directors will convene on November 11, 2024, to review and approve the financial results for the quarter ended September 30, 2024. Alongside this, the board will a...
NMDC Energy brings latest AI innovations and business capabilities into focus at 40th ADIPEC edition
NMDC is a key partner at ADIPEC, the worlds largest energy event which is taking place between 4 to 7 November in Abu Dhabi
NMDC's Nagarnar steel plant hits milestone with 2 million tonnes of hot metal production
NMDC Steel Ltd's Nagarnar plant in Chhattisgarh achieves a milestone by producing over two million tonnes of hot metal. The plant's blast furnace sets a record with a daily output of 7,268 tonnes. NSL...
UAE Stocks: Phoenix Group, NMDC, Agility Public Warehousing
Phoenix Group, NMDC and Agility Public Warehousing on the UAE Stock Market are today's biggest risers and fallers at the close
F&O Ban List for October 24 2024: NMDC, Aarti Industries, Bandhan Bank and more
The Indian stock market ended lower on Wednesday, October 23, with Nifty 50 down 0.15% at 24,435 and the Sensex down 0.17% at 80,081. Mahindra & Mahindra led the declines with a 3.2% drop. F&O Ban Lis...
RITES sings MOU with NMDC for rail connectivity works
RITES recently informed exchanges that the company has signed a Memorandum of Agreement (MoA) with NMDC Limited, India’s largest iron ore producer, to offer comprehensive Project Management Consultanc...
NMDC shares rise 3.41% after second price hike in October
Shares of NMDC climbed by 3.41% to ₹222.75 at 9:28 AM on Tuesday after the company announced its second price hike this month. NMDC raised prices by up to ₹600 per tonne, boosting market sentiment as ...
Metal Stocks Update: National Aluminium up 5.01%, NMDC down 2.33%, and Jindal Steel falls 2.33%
Metal stocks traded mixed on Thursday, with National Aluminium leading the gainers while stocks like NMDC and Jindal Steel saw notable declines. Top Gainers: National Aluminium (NATIONALUM): Up 5.01% ...
Metal Stocks Update: NALCO up 3.5%, SAIL gain over 2% as Nifty Metal rises 1.2%; Emkay bullish on sector
The Nifty Metal index rose by 1.20%, with major stocks in the sector posting strong gains. The top gainers included National Aluminium (Nationalum), which jumped 3.53% to ₹230.79, followed by SAIL, up...
NMDC lands $1.4bln Abu Dhabi marine construction contract
The scope of work includes provision of marine dredging, reclamation and ground improvement works for the project, said NMDC
Top losers today: NMDC, Tata Steel, Finolex, Caplin Point, JSW Steel, and Jindal Steel lead declines
In early trade today, several stocks have posted significant losses, with metals and industrial sectors taking a hit. Here is a look at the top losers as of 9:44 AM: NMDC Ltd: ₹215.39 (-5.84%) Tata St...
NMDC shares fall nearly 7% following underwhelming Chinese stimulus announcement
Shares of NMDC Ltd. dropped by up to 7%, reaching ₹215.13, after the Chinese government’s economic stimulus announcement failed to meet investor expectations. The National Development and Reform Commi...
Metal stocks update: Jindal Steel, Hindustan Zinc show gains; NMDC, Adani Enterprises, and Hindalco lead the losses
The metal sector faced mixed performances during today’s trading session, with the majority of stocks slipping into the red. Some key players managed to hold their ground, showing signs of resilience....
Stocks in focus today: Eicher Motors, JSW Steel, Paras Defence, Blue Star, NMDC, Hindustan Zinc, Dabur and more
Here are the stocks to watch out for on October 3 2024 (today) – Green Eicher Motors: Royal Enfield sales in September exceeded expectations, growing 11% YoY to 86,978 units. Hero MotoCorp: Total sale...