NMDC

📊 Market Update (as of June 24, 2025) NMDC stock closed around ₹69.50, up ~2.1% intraday, with strong trading volume signaling renewed investor interest The 52-week range remains ₹59.5–₹89.1; current valuations are modest, with a P/E of ~9.3× and P/B ~2.0× . Dividend yield is appealing at ~4.8%, backed by a recent interim payout of ₹2.30 and proposed final dividend of ₹1.00 per share 📉 Q4 FY25 Earnings & Stock Reactions Net profit slid ~22–23% sequentially to ₹1,483 cr in Q4, largely due to weaker iron-ore prices and rising costs Revenue grew ~8–9% YoY to ₹7,497 cr, supported by strong pellet and other mineral sales The stock dropped ~3% post-Q4 results; however, brokerages like Motilal Oswal and Business Standard still hold a Buy or Hold view, noting margin pressure but long-term capacity growth plans . 🌍 Strategic Growth & Diversification NMDC is rapidly gaining expertise in precision “vein” mining through its Australian arm (Legacy Iron Ore), with first profits expected in FY26 after initial exploration losses . Actively exploring critical minerals abroad, including lithium, copper, coking coal (Australia/Indonesia), aiming to tap 20–25 global resources via NMDC Global headquartered in GIFT City 🔍 Investor Takeaways 👍 Bull Case Valuation remains attractive with a strong ~5% yield. Long-term growth through capacity scaling to 100 MTPA and diversification into high-margin minerals. Strategic global acquisitions set to enhance revenue base and reduce commodity dependence. 👎 Risks Sequential profit dip signals margin headwinds from cost and pricing dynamics. Stock may remain volatile in the short term. Execution risks on overseas mineral deals and global expansions.