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1 Comment
NMDC Limited is currently in a long term uptrend where the price is trading 30.1% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 3.7.
NMDC Limited's total revenue rose by 44.9% to $44B since the same quarter in the previous year.
Its net income has increased by 54.7% to $22B since the same quarter in the previous year.
Finally, its free cash flow fell by 11.8% to $9B since the same quarter in the previous year.
Based on the above factors, NMDC Limited gets an overall score of 4/5.
ISIN | INE584A01023 |
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Industry | Steel |
Sector | Basic Materials |
CurrencyCode | INR |
Exchange | NSE |
Target Price | 139.35 |
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PE Ratio | 6.33 |
Beta | 0.99 |
Dividend Yield | 8.4% |
Market Cap | 326B |
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, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as gold and coal. 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, Kumaraswamy, and Ramandurg in Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. It also produces and sells sponge iron and pellets; and generates and sells wind power. The company also exports its iron ore products to Japan and South Korea. The company was formerly known as National Mineral Development Corporation Limited. NMDC Limited was incorporated in 1958 and is headquartered in Hyderabad, India.
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