NMDC

fundamental and technical analysis

is engaged in the exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power The fundamentals of the company is Good current ratio is 2.42, which means that the company has sufficient current assets in comparison with its current liabilities Promoters holding is also good, which is at 60.8% debt to equity ratio is 0.14 which means companies almost debt-free The standard ratio is it should be less than one The company has also maintained a good return on equity The dividend yield is 3.56% The cash flow of the company is also impressive The share price has taken support from 100 moving average on 19th June 2025 Now it may move towards 200 moving average which is currently at 70.13 bullish until the stock price is trading above 100 moving average