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NMDC
116.9 +1.1 (0.95%)
Updated 04:11 12/08 IST
95% Bullish
5% Bearish
54 Users have submitted 60 trade ideas of Rs. 2,465,901.01 for NMDC
DisclaimerBrokerage Reports
No. of reports in last year
10
No. of analysts
4
Average Consensus Forecast
192.6
Consensus Potential
39.36%
NMDC Share Price Discussion
NMDC not considering investment in new steel projects, says CMD Sumit Deb
NMDC looks to increase its iron ore output to 100 MT by 2030 to support the country's ambitious steel production programme, the CMD Sumit De said. He was replying to the question that if NMDC would continue its interest in the steel sector after the sale of its under-construction 3 MTPA Nagarnar steel plant in Chhattisgarh to a strategic buyer.
NMDC looks to increase its iron ore output to 100 MT by 2030 to support the country's ambitious steel production programme, the CMD Sumit De said. He was replying to the question that if NMDC would continue its interest in the steel sector after the sale of its under-construction 3 MTPA Nagarnar steel plant in Chhattisgarh to a strategic buyer.
The Economic Times
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Reputation: 27,124 • Aug 13 5:51 AM
NMDC targets 46 mn tonnes of iron ore production in FY23
"On the back of the developments mentioned above at the Bacheli mine, Kumaraswamy mine and other mines, we target production of 460 lakh tonnes of iron ore in FY23. This volume is about 10 per cent higher than in FY22 and would provide a cushion against possible pressure on pricing and we hope to maintain and surpass the top line again in FY23," NMDC Chairman and MD Sumit Deb said.
"On the back of the developments mentioned above at the Bacheli mine, Kumaraswamy mine and other mines, we target production of 460 lakh tonnes of iron ore in FY23. This volume is about 10 per cent higher than in FY22 and would provide a cushion against possible pressure on pricing and we hope to maintain and surpass the top line again in FY23," NMDC Chairman and MD Sumit Deb said.
The Economic Times
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Reputation: 27,124 • Aug 11 7:46 AM
NMDC hikes lump ore rate to Rs 4,100 per ton; fines at Rs 2,910
In its last price revision announced on July 12, NMDC had slashed the prices of lump ore and fines by Rs 500 per tonne each to Rs 3,900 and Rs 2,810, respectively. Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rates of steel that has been a matter of concern for the user industries for the past couple of months.
In its last price revision announced on July 12, NMDC had slashed the prices of lump ore and fines by Rs 500 per tonne each to Rs 3,900 and Rs 2,810, respectively. Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rates of steel that has been a matter of concern for the user industries for the past couple of months.
The Economic Times
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Reputation: 27,124 • Aug 10 5:41 AM
Chart Check: Down 37% from August 2021 highs! This PSU stock is showing signs of turnaround as bulls take charge
The stock has been making a series of high low and higher bottoms so far in 2022. It hit a low of Rs 99 on July 15, 2022, before bouncing back. The upmove in the stock is also accompanied by strong volumes which is a bullish sign.
The stock has been making a series of high low and higher bottoms so far in 2022. It hit a low of Rs 99 on July 15, 2022, before bouncing back. The upmove in the stock is also accompanied by strong volumes which is a bullish sign.
The Economic Times
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Reputation: 27,124 • Aug 10 5:33 AM
Hold NMDC; target of Rs 122: Sharekhan
Sharekhan recommended Hold rating on NMDC with a target price of Rs 122 in its research report dated August 08, 2022.
Sharekhan recommended Hold rating on NMDC with a target price of Rs 122 in its research report dated August 08, 2022.
Moneycontrol
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Reputation: 27,124 • Aug 10 5:33 AM
Neutral NMDC; target of Rs 124: Motilal Oswal
Motilal Oswal recommended Neutral rating on NMDC with a target price of Rs 124 in its research report dated August 07, 2022.
Motilal Oswal recommended Neutral rating on NMDC with a target price of Rs 124 in its research report dated August 07, 2022.
Moneycontrol
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Reputation: 27,124 • Aug 8 3:33 AM
Buy NMDC target of Rs 135: ICICI Direct
ICICI Direct is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 07, 2022.
ICICI Direct is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 07, 2022.
Moneycontrol
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Reputation: 991 • Aug 8 1:39 AM
The lender reported a 6.7 percent year-on-year fall in net profit for the quarter ended June 30, 2022 at Rs 6068.1 crore, 6.7 percent down from Rs 6,504 crore in the year-ago period. The lender's gross and net NPAs were up at 1 percent each at Rs 1.13 l...... read more
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Reputation: 27,124 • Aug 6 5:33 AM
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Reputation: 27,124 • Aug 6 4:38 AM
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S
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Very strong volumes.
Reputation: 27,124 • Aug 3 6:58 AM
NMDC to complete demerger of Nagarnar Steel Pant by Q2FY23, says MD Sumit Deb
Driven by strategic imperatives, the country's largest iron ore mining company NMDC forayed into pellet making and the integrated steel plant at Nagarnar near Bastar in Chattishgarh
Driven by strategic imperatives, the country's largest iron ore mining company NMDC forayed into pellet making and the integrated steel plant at Nagarnar near Bastar in Chattishgarh
Moneycontrol
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Reputation: 868 • Jul 19 10:42 AM
Today Trade Performance 👇🏼👇🏼👇🏼
#NIFTYBANK 1st entry 35200CE given 120+ points profits 💥💥💥 2nd entry 35400CE that also given 100+ points 💥💥💥 and 35600CE given as BTST
#VOLTAS end at entry level high 56
#MINDTREE hit sl after giving 1400+ profits
#NMDC Hit sl = 3000-�...... read more
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Reputation: 27,124 • Jul 14 4:48 AM
NMDC Q1 PAT may dip 39.3% YoY to Rs. 1,938.6 cr: Prabhudas Lilladher
Net Sales are expected to increase by 30.9 percent Y-o-Y (down 32.9 percent Q-o-Q) to Rs. 4,497.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 30.9 percent Y-o-Y (down 32.9 percent Q-o-Q) to Rs. 4,497.2 crore, according to Prabhudas Lilladher.
Moneycontrol
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Reputation: 27,124 • Jul 14 6:21 AM
Formation of large mining conglomerate to enhance capacity, boost GDP: Hindustan Copper CMD
Hindustan Copper CMD Arun Kumar Shukla said with the setting up of a large company, the sector will be able to ensure "ESG compliance, smooth transition to climate-neutral economy, profitability and resilience to withstand the ever-changing dynamic global market situation".
Hindustan Copper CMD Arun Kumar Shukla said with the setting up of a large company, the sector will be able to ensure "ESG compliance, smooth transition to climate-neutral economy, profitability and resilience to withstand the ever-changing dynamic global market situation".
The Economic Times
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Reputation: 27,124 • Jul 12 9:01 AM
NMDC cuts prices of lump ore, fines by Rs 500 per tonne each
Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rates of steel, which has been a matter of concern for the user industries for past couple of months.
Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rates of steel, which has been a matter of concern for the user industries for past couple of months.
The Economic Times
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Reputation: 13,498 • Jul 12 5:30 AM
#NMDC in focus👇
a. Sources indicate there has been a 500/tn price cut
b. NMDC will be excluded from NIFTY CPSE on back of demerger
c. Kotak says ‘Margin headwinds priced in’
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NMDC Ratings
Long term NMDC rating by FrontPage users
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