NMDC

NMDC

NMDC

 ₹ 230.50
- ₹ 0.70
0.30%
Mining
 ₹ 0.00
(%)1D
Updated: 04 Dec 2024, 03:31:11 pm IST
Stock Score
Open Price
 ₹ 233.00
Prev. Close
 ₹ 231.20
 ₹ 229.16
Day Low
 ₹ 233.44
Day High

 ₹ 195.49
52 Week Low
 ₹ 340.50
52 Week High

Quick Bite

Price To Earnings Ratio

12.12

Sector PE

17.20

PB Ratio

2.63

Sector PB

2.61

EPS

19.02

Dividend Yield

3.59

Today's Volume

5.190 M

5 Day Avg. Volume

6.053 M

PEG Ratio

-25.79

Market Cap.

₹ 67,420.00 Cr.

Returns Comparison

TimeNMDCVSIndustry
1 Day-0.3%0.52%
1 Week3.34%3.57%
1 Month5.63%-0.82%
6 Months-27.47%-32.75%
1 Year18.22%2.08%

StockGro Trade Views 👍

StockGro Trade Views 👍

Technical Trend

Bullish
academy home
Bearish
Neutral
Bullish

Pivot Levels

R3 ₹ 237.19
R2 ₹ 235.31
R1 ₹ 232.91
RESISTANCE
 ₹ 231.03
SUPPORT
S1 ₹ 228.63
S2 ₹ 226.75
S3 ₹ 224.35

Updated: 22 Jul 2024,09:18:33 am IST

Moving Averages

Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
1
Buy
5
Period (Days)SMAIndication
10224.1Bullish
20224.98Bullish
30222.74Bullish
50224.49Bullish
100229.92Bullish
200257.3Bearish

Updated: 04 Dec 2024, 03:14:41 pm IST

Analyst Rankings 👍

Analyst Rankings 👍

Shareholding Updates

PromotersDIIFIIPublicOthers
60.79%
Promoters
Sep 2024
Promoters  60.79%
FII  12.6%
DII  14.08%
Public  12.53%
Others  0%

Mutual Fund Ownership 👍

Mutual Fund Ownership 👍

Cash Flow

AnnualFY 2024FY 2023FY 2022FY 2021
Operating Activities7394.801837.596941.807266.13
Investing Activities-6076.43202.25-3213.89-4316.28
Financing Activities-1301.98-2067.44-4066.85-2591.32
Net Cash Flow16.39-27.60-338.94358.53

All Figures in ₹ Cr., unless mentioned otherwise

Ratios

Return on Equity (%)

Income Statement

All Figures in ₹ Cr., unless mentioned otherwise

Balance Sheet

All Figures in ₹ Cr., unless mentioned otherwise

Peer Comparison

Name1D (%)1W (%)1M (%)6M (%)1Y (%)
NMDC-0.33.345.63-27.4718.22
Coal India-1.15-0.08-7.44-31.878.84
MOIL2.728.512.96-46.155.5
Gujarat Mineral Development Corporation Ltd.0.822.53-4.42-25.5-24.26
Returns as on 04 Dec, 2024

About NMDC

NMDC Limited is an India-based producer of iron ore. The Company owns and operates highly mechanized iron ore mines in the state of Chhattisgarh and Karnataka. It also operates the mechanized diamond mine in India at Panna, Madhya Pradesh. It offers a diverse range of iron ore products, each tailored to meet specific industrial requirements. It produces rough diamonds that cater to the gem and jewelry industry. The Company's segments include Iron Ore, and Pellet, Other Minerals & Services. Its products include Baila ROM, Baila Lump, DR CLO, 10-20 mm Baila, Baila Fine, Doni Lump, Kumaraswamy Lump, Kumaraswamy Lump Ore, Doni Fines, Kumaraswamy Fine, Iron Ore Pellets, and Rough Diamonds. It holds around 26% stake in International Coal Ventures Pvt. Ltd (ICVL). ICVL owns coking coal deposit in Mozambique. The Company, through its subsidiary, Legacy Iron Ore Limited, carries out exploration in its 21 exploration tenements in Western Australia in iron ore, gold, tungsten and base metals.

NMDC Share Price

NMDC Ltd.

The National Mineral Development Corporation, a public sector organisation in India, was formerly known as NMDC Limited. Its activities include exploring minerals, including coal, diamond, tin, tungsten, limestone, dolomite, gypsum, magnesite, copper, iron ore, and rock phosphate.

This firm is the biggest producer and exporter of iron ore, with two automated mines in Chhattisgarh and Kartaka. It also operates one mechanised diamond mine in Panna, MP. NMDC share dividend history

About NMDC Limited and NMDC share news

National Mineral Development Corporation Private Limited was established as a private limited company in Delhi on November 15, 1958, by the Companies Act. With Section 21 of the Companies Act and the approval of the Ministry of Commerce & Industry, the Department of Company Law Administration changed the company's name from National Mineral Development Corporation Private Limited to National Mineral Development Corporation Limited.

This approval was granted by letter no. 11(38)-SL(VI)/59, dated December 30, 1959, of the Department of Company Law Administration. On January 5, 1960, the Registrar of Companies, New Delhi, issued the new certificate of incorporation resulting from the name change.

The firm's registered office was moved from the Union Territory of New Delhi to the State of Andhra Pradesh on September 24, 1973, per an order issued by the Company Law Board, New Delhi. On December 27, 1973, the Registrar of Companies, Andhra Pradesh, issued the Central Government's Order Confirming the Transfer of the Registered Office from Delhi to Andhra Pradesh. According to the terms of Sections 43-A, 43 (1A), and 43 (1B) of the Companies Act, our company was declared a presumed public limited company as of March 13, 1975, and on the same date, a new certificate of incorporation was issued.

Mineral Industry Overview

India's mineral industry is significant. It makes up roughly 2.5% of the GDP. The nation is one of the top producers of several minerals. India is the second-biggest producer of steel and cement globally. With 716 million tonnes produced in 2020, it is ranked third in terms of coal production as well. In 2020, 246 million tonnes of iron ore were produced. 60% of the mica produced worldwide comes from India, a major producer.

The production of bauxite totalled 23 million tonnes, and this business creates about 1.1 million jobs. Odisha, Jharkhand, Chhattisgarh, and Karnataka are important mining states. These states produce numerous minerals, including bauxite, iron ore, and coal. By 2025, the government wants the mining industry to contribute 5% of GDP.

NMDC Limited competitors

Here is the list of the NMDC Ltd competitors:

  • Coal India Ltd
  • GMDC
  • KIOCL Ltd
  • MOIL

NMDC share price history

  • 1958: Incorporated as a government company under section 617 of the Act.
  • 1966: Acquired Panna Diamond Project.
  • 1968: Started iron ore production from Bailadila Deposit No.14.
  • 1977: Iron ore production began at Bailadila Deposit No.5 and Donimalai Iron Ore Mine.
  • 1987: Started iron ore production from Bailadila Deposit No.11C.
  • 1989: Formed J & K Mineral Development Corporation Limited with J & K Minerals Limited.
  • 1992: Split equity shares from Rs. 1000 to Rs. 10 NMDC share price today.
  • 1993: Selling Shareholder disinvested 2,130,000 equity shares.
  • 1998: Achieved Mini Ratna status.
  • 2002: Started iron ore production from Bailadila Deposit No.10/11A.
  • 2005: Closed Panna diamond mine operations as directed by the Pollution Control Board.
  • 2007: Achieved ISO 9001:2000 certification for Bailadila Iron Ore Projects.
  • 2010: Signed agreements for exploration in Andhra Pradesh and South Africa.
  • 2013: Won awards for project management and HR leadership and signed MoUs for mineral projects in Zimbabwe.
  • 2015: Incorporated NMDC Steel Ltd.
  • 2017: Three mines received 5 Star Rating.Won multiple awards for ethics, research, and cyber security.
  • 2018: The government divested 2.52% of NMDC’s paid-up capital and signed MoU with ECT for an R&D project.
  • 2020: Board approved buyback plan up to Rs 1,378 crore.
  • 2021: Signed MoU with DCI for expansion in GCC and Africa.
  • 2022: Won 7 PRSI National Awards.Signed MoU with RailTel for ICT and digital solutions. Adopted two tigers as part of Swachhta 2.0. Organised International Conference on Indian Minerals and Metal Industry.

Company profile- Strengths and weaknesses

Strengths

  • Have strong assets as the company own 4 operating mines in India
  • Have a robust financial position
  • Highly mechanised production
  • Complete state control because of which buyers' confidence is very high

Weaknesses

  • Have security issues at Chhatisgarh mines
  • Brand related with alleged illegal dealings

The financials of NMDC share price NSE

Financial Metric

Value

Market cap

₹ 752.18 billion

ROCE

37.08%

ROE

29.03%

Face value

₹ 1

Book Value

₹ 119.43

Shareholding pattern of NMDC Limited

Here is the shareholding pattern of NMDC Limited:

  • Promoters: 60.79%
  • FII: 6.88%
  • DII: 21.81%
  • Public: 10.51%
  • Others: 0.01%

Peer comparison

Stock

P/E Ratio (%)

P/B Ratio (%)

Market Cap(₹)

NMDC Limited

5.07

1.36

752.18 billion

Coal India

7.89

3.57

2,95,225.50 Cr

KIOCL

0.00

13.45

25,808.15 Cr

GMDC

19.74

1.99

12,185.76 Cr

MOIL

34.12

4.08

10,010.45 Cr

NMDC FAQs

How to Buy NMDC Share?

up
To purchase NMDC shares, you can open a Demat & Trading account through a broker or financial institution. Once your account is set up and funded, search for NMDC (ticker symbol: NMDC) on the trading platform provided by your broker and purchase the shares.

What's NMDC share price today?

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The stock price of NMDC as of 04 Dec 2024 is ₹230.50

What is the Market Cap of NMDC?

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Market capitalisation represents the total market value of a company's outstanding shares. As of 04 Dec 2024, NMDC (ticker symbol: NMDC) has a market capitalisation of approximately ₹6,74,20,00,00,000.00

What is the PE and PB ratio of NMDC?

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NMDC Ltd's price-to-book ratio as of 04 Dec 2024 is 2.63, reflecting the market's valuation compared to its asset value. As of 04 Dec 2024, the trailing twelve months P/E (price-to-earnings) ratio is 12.12, indicating the market values the company at around ₹12.12 for every ₹1 of earnings

What is the 52 Week High and Low of NMDC Share?

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NMDC Ltd (NMDC) hit its 52-week high at ₹340.50, and its 52-week low at ₹195.49.
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