NMDC Ltd. Share Price

Overview

NMDC Ltd. share price is currently ₹80.83, down by - ₹2.73 (3.27%) from its previous closing price of ₹83.56. The share price has declined -3.34% over the past month and gained 9.78% over the past year. The stock's 52-week low and high are ₹70.94 and ₹96.42, respectively. NMDC Ltd. has a market capitalisation of ₹ 74,470.00 Cr. The share price was last updated on 11 Sep 2026, 03:59 PM IST.

NMDC Ltd.
NMDC Ltd.
NMDC
 0.00
- 2.73
3.27%
Mining
 0.00(%)1D

Updated: 11 Sep 2026, 03:59:30 pm IST

Market Data

Open Price

 83.06

Prev. Close

 83.56
 80.69

Day Low

 83.06

Day High

 70.94

52 Week Low

 96.42

52 Week High

MiningMining & Minerals
CategoryLarge Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

9.53

Sector PE

9.63

PB Ratio

2.09

Sector PB

2.33

EPS

8.48

Dividend Yield

4.59

Today's Volume

9.907 M

5 Day Avg. Volume

12.477 M

PEG Ratio

0.69

Market Cap.

₹ 74,470.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsInterim Dividend of 250% at ₹2.5/Share
13-Feb-202613-Feb-2026
DividendsFinal Dividend of 100% at ₹1/Share
14-Aug-202514-Aug-2025
DividendsInterim Dividend of 229.9999% at ₹2.3/Share
21-Mar-202521-Mar-2025
Bonus2:1
27-Dec-202427-Dec-2024

Mutual Fund Ownership

Mutual Fund Holder
Jul 26
Shares held
Aug 26
Shares held
ICICI Prudential Arbitrage Fund - Growth3.49 Cr
3.52 Cr
(0.89%)
SBI Flexicap Fund - Regular Plan - Growth3.13 Cr
3.13 Cr
no change
SBI Contra Fund - Regular Plan - IDCW2.85 Cr
2.85 Cr
no change
Aditya Birla Sun Life Arbitrage Fund - Growth2.73 Cr
2.77 Cr
(1.56%)
SBI Arbitrage Fund - Regular Plan - Growth-
2.56 Cr
(100%)

About NMDC Ltd. 👋

About Stock will be available shortly.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Sanjay Ahuja

Sanjay Ahuja

10 Sep • 11:01 PM · SEBI-Registered Analyst

NMDC INKS PACK WITH STEEL EXCHANGE INDIA FOR IRON ORE SUPPLY

India's largest iron ore producer

NMDC
has entered into a four-year Memorandum of Understanding (MoU) with Steel Exchange India Ltd (SEIL) to supply consistent-grade iron ore fines for it's Vizianagaram plant. Under the agreement, SEIL will procure iron ore fines with Fe content of 61–63% and above directly from NMDC’s upcoming Buffer Stockpile and Blending Yard at Visakhapatnam. The arrangement is expected to reduce freight costs and transit time while ensuring a reliable raw material supply for the steel manufacturer. Recently, NMDC has hiked Iron Ore Prices (Lump Ore) by Rs 150/ton, however it has kept the prices of Iron Ore Fines unchanged. This price increase will improve the company's margins in the coming quarters. Having a market cap of Rs 74,940 crores, the company has maintained a strong ROCE and ROE of 27.6% and 23.4% respectively.

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Pankaj pawar

Pankaj pawar

9 Sep • 11:53 AM · SEBI-Registered Analyst

Steel Exchange India Signs MoU With NMDC for Expansion

STEELXIND
: Steel Exchange India has entered into an MoU with NMDC on September 8, 2026, establishing a commercial framework for the procurement of consistent-grade iron ore fines. Under the agreement, SEIL will source iron ore fines with an Fe content of 61–63% and above from NMDC’s upcoming Buffer Stockpile & Blending Yard in Visakhapatnam, Andhra Pradesh. The MoU has a primary term of four years and is expected to support SEIL’s expansion plans for its integrated steel manufacturing operations by providing greater visibility and consistency in raw-material supply. The development comes as SEIL recently achieved a record monthly Re-Bar output of 24,823.509 MT, indicating strong production momentum. A stable iron ore supply arrangement with NMDC could support higher capacity utilisation and help SEIL execute its planned expansion. Stock Commentary – Steel Exchange India SEIL – Positive (7/10): The four-year MoU with NMDC provides visibility for consistent iron ore fines supply, supporting SEIL’s integrated steel expansion and potentially improving capacity utilisation. Record monthly Re-Bar production further strengthens the positive operational outlook. Stock Commentary – NMDC NMDC – Mildly Positive (6/10): The agreement creates a long-term commercial arrangement for supplying iron ore fines to SEIL from NMDC’s upcoming Visakhapatnam facility, supporting volume visibility and downstream customer relationships.

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Shaly Gupta

Shaly Gupta

7 Sep • 9:59 PM · SEBI-Registered Analyst

NMDC has several positive growth triggers going into FY27

NMDC
NMDC has several positive growth triggers going into FY27. The company’s August iron-ore production rose 21% YoY to 4.07 MT, taking April–August production to 23.23 MT, up 26%, and management remains on track for its 60 MT FY27 production target. The bigger long-term trigger is diversification: NMDC plans to start commercial thermal-coal production at the Tokisud North mine in Q3 FY27, targeting up to 1 MT of coal sales in FY27, while aiming for non-iron-ore businesses to contribute around 20% of revenue by 2030. The company is also exploring coking coal, critical minerals and rare earth elements, with about ₹2,000 crore planned investment in FY27 for critical-mineral assets. Q1 FY27 revenue was around ₹6,795 crore, EBITDA ₹2,468 crore and adjusted PAT about ₹1,980 crore; EBITDA margin remained strong at 36.3%, helped by better iron-ore realisations and lower operating costs. NMDC is targeting 100 MT annual iron-ore production capacity by FY30, with medium-term capex expected to rise toward ₹7,000–₹10,000 crore. Another near-term positive is the proposed ₹1/share FY26 final dividend, with October 5, 2026 fixed as the record date, subject to AGM approval. However, investors should watch iron-ore prices, production execution, higher capex, commodity-cycle volatility and the ₹15,786 crore Karnataka tax exposure, which remains an important regulatory/financial uncertainty

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Sanjay Ahuja

Sanjay Ahuja

7 Sep • 5:38 PM · SEBI-Registered Analyst

NMDC TO START THERMAL COAL PRODUCTION BY Q3FY27

State-owned

NMDC
will start the commercial production of thermal coal by Oct-Dec period and looks to sell around 1 million tons of the dry fuel within FY27. The company is India's largest iron ore mining player and it now eyes 20% revenue from non-iron ore minerals by the year 2030. It will also start developing a coking coal mine within FY27 to begin production as early as FY28. While thermal coal is used to generate power, coking coal is another important raw material used to manufacture steel. NMDC will keep on looking for opportunities for more and more minerals both in India and abroad. It has reported strong ROCE and ROE numbers of 27.6% and 23.4% respectively. Moreover, it has also been maintaining a healthy dividend payout of 41.3% thereby making it a good opportunity for regular income.

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Sanjay Ahuja

Sanjay Ahuja

3 Sep • 12:49 PM · SEBI-Registered Analyst

NMDC IRON ORE PRODUCTION JUMPS TO 4.07 MT IN AUGUST 2026

NMDC
's total iron ore production stood at 4.07 MT in August 2026, compared with 3.37 MT in August 2025. The iron ore sales increased to 3.58 MT from 3.39 MT during the corresponding month of the previous year. For the April-August period, the company produced 23.23 MT of iron ore, up about 26% from 18.45 MT in the corresponding period last year. However, sales growth was much slower. Cumulative sales stood at 18.72 MT, compared with 18.37 MT a year earlier, an increase of about 2%. NMDC is a fully government-owned entity under the Ministry of Steel which specializes in the exploration of minerals including iron ore and manufacturing of iron ore pellets. The company has been maintaining a healthy dividend payout of 41% thereby making it a good opportunity for regular income.

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Jeet B Bhayani (SEBI RA)

Jeet B Bhayani (SEBI RA)

2 Sep • 12:43 PM · SEBI-Registered Analyst

Steel Consumption Up 7.9% as India Becomes Net Importer

India’s steel sector demonstrated solid momentum during April–July 2026, driven by a 7.9% growth in finished steel consumption (56.0 Mt) that outpaced production increases in both crude (2.4% to 56.2 Mt) and finished steel (4.7% to 54.7 Mt). Pricing remained firm, with August 2026 realizations for TMT bars and HR Coils rising to ₹58,003 and ₹70,448 per tonne, respectively. The period saw notable surges in specialized segments, as alloy steel consumption grew 22.1% alongside a 26.7% output expansion, while stainless steel consumption climbed 25.0% despite a 4.2% dip in production. Trade activity intensified markedly, leaving India as a net finished steel importer as import volumes jumped 36.6% to 2.77 Mt (valuing ₹28,330.8 crore), heavily supplied by China (30.9%) and Korea (30.2%). Exports also expanded 35.0% to 2.29 Mt, anchored by demand from Vietnam and the UAE. To fortify the domestic supply chain, key policy and operational developments were rolled out, including the Mines and Minerals (Development and Regulation) Amendment Act, 2026, trial runs at NMDC’s 2.0 MTPA Bacheli iron ore beneficiation plant, and the award of Green Steel Certificates to 98 producers to bolster raw material security and low-carbon manufacturing.

TATASTEEL

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