NMDC Limited (NSE:NMDC)
India
· Delayed Price · Currency is INR | Market Cap | 595.38B |
| Revenue (ttm) | 233.90B |
| Net Income (ttm) | 64.77B |
| Shares Out | n/a |
| EPS (ttm) | 7.37 |
| PE Ratio | 9.19 |
| Forward PE | n/a |
| Dividend | 2.42 (3.57%) |
| Ex-Dividend Date | Sep 17, 2024 |
| Volume | 21,758,297 |
| Average Volume | 20,115,605 |
| Open | 67.10 |
| Previous Close | 67.12 |
| Day's Range | 66.30 - 68.14 |
| 52-Week Range | 59.70 - 95.45 |
| Beta | 0.83 |
| RSI | 57.54 |
| 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
NMDC Q3 results: Revenue up 21.4% YoY to Rs 6,568 crore, Net profit jumps 29% YoY
NMDC Limited reported strong financial results for the third quarter ended December 31, 2024 (Q3 FY25), driven by significant growth in revenue and profitability. The company’s revenue from operations...
Metal stocks under pressure: Vedanta down 6%, NALCO down 4%, NMDC down 3.8%, SAIL down 3.9%
Metal stocks saw sharp declines on February 3, with Vedanta, NALCO, and NMDC among the worst hit, falling by nearly 6 percent. The downturn followed a spike in the dollar index and a slump in base met...
NMDC Iron Ore production hits 5.10 MT, sales reach 4.48 MT in January 2025
NMDC Ltd has reported its provisional iron ore production and sales figures for January 2025. The company’s total iron ore production for the month of January 2025 was 5.10 million tonnes (MT), an inc...
NMDC shares surge over 2% as company plans to invest Rs 70,000 crore for capacity ramp-up by 2030
Shares of National Mineral Development Corporation (NMDC) rose over 2% after the company announcement of a significant ₹70,000 crore investment to boost its capacity to 100 million tonnes per annum (M...
Metal stocks today: SAIL up 5.56%, NMDC gains 5.02%, Hindustan Zinc adds 4.32%, Vedanta rises 4.06%
As of 2:42 PM, the metal stocks are shining bright on the trading charts, with key players in the sector recording notable gains. Here’s a detailed look at the top performers: Stock LTP (₹) % Change S...
NMDC updates iron ore prices effective January 9, 2025 – Know More
NMDC Limited, India’s largest iron ore producer, has announced revised prices for its iron ore products, effective from January 9, 2025. The updated prices are as follows: New Iron Ore Prices: Baila L...
Top stock recommendations for today
Top stock picks: Mehul Kothari of Anand Rathi recommends buying NMDC, Aavas Financiers and Waaree Energies due to potential rebounds and positive trends. Suggested stop-loss levels and target prices a...
Stocks to watch today on January 2nd, 2025: RailTel, Coal India, NTPC, Vodafone Idea, NMDC and more
These stocks are in focus for today, January 2nd, 2025 – Sandur Manganese: Approved to enhance annual iron ore production from 3.81 MTPA to 4.36 MTPA. VST Tillers: December total sales up 38.5%, at 3,...
NMDC reports provisional iron ore production of 4.71 MT and sales of 3.91 MT for December 2024
The company reported a total iron ore production of 4.71 million tons (MT) in December 2024, which represents an increase compared to the 4.48 MT produced in December 2023.
NMDC announces 2:1 bonus issue for shareholders
NMDC Limited has announced a 2:1 bonus issue of fully paid-up equity shares, in line with Regulation 30 of the SEBI Listing Obligations & Disclosure Requirements (LODR) Regulations, 2015. The Bonus Is...
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