NMDC
Large Cap BSE: 526371 NSE: NMDC
₹113.1
2.2 (1.98%)
As on 09 August, 2022 | 20:01

Nmdc Share Price

Nmdc Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Nmdc Share Returns

  • Over 1 Month 3.81%
  • Over 3 Month -25.81%
  • Over 6 Month -26.27%
  • Over 1 Year -36.59%

Nmdc Key Statistics

P/E Ratio 3.5
PEG Ratio -0.3
Market Cap Cr 33,145
Price to Book Ratio 118.9
EPS 32.1
Dividend 1474
Relative Strength Index 61.01
Money Flow Index 86.19
MACD Signal -1.58
Average True Range 3.32

Nmdc Investment Rating

  • Master Rating:
  • Nmdc has an operating revenue of Rs. 24,136.59 Cr. on a trailing 12-month basis. An annual revenue growth of 69% is outstanding, Pre-tax margin of 50% is great, ROE of 26% is exceptional. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 8 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 66 indicates it belongs to a poor industry group of Mining-Metal Ores and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

NMDC Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 4,767
  • 6,702
  • 5,874
  • 6,794
  • 6,512
  • 6,848
  • Operating Expenses Qtr Cr
  • 2,867
  • 4,018
  • 3,261
  • 3,679
  • 2,335
  • 2,605
  • Operating Profit Qtr Cr
  • 1,900
  • 2,684
  • 2,612
  • 3,115
  • 4,178
  • 4,242
  • Depreciation Qtr Cr
  • 85
  • 111
  • 61
  • 60
  • 55
  • 57
  • Interest Qtr Cr
  • 15
  • 25
  • 9
  • 2
  • 3
  • 4
  • Tax Qtr Cr
  • 476
  • 1,065
  • 646
  • 801
  • 1,071
  • 1,431
  • Net Profit Qtr Cr
  • 1,469
  • 1,815
  • 2,050
  • 2,341
  • 3,193
  • 2,838

Nmdc Technicals

EMA & SMA

Current Price
113.1
2.2 (1.98%)
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • 107.53
  • 50 Day
  • 113.38
  • 100 Day
  • 123.25
  • 200 Day
  • 137.28
  • 20 Day
  • 105.5
  • 50 Day
  • 110.35
  • 100 Day
  • 132.04
  • 200 Day
  • 137.34

Nmdc Resistance and Support

PIVOT
₹110.35
Resistance
  • First Resistance
  • 112.95
  • Second Resistance
  • 115
  • Third Resistance
  • 117.6
Support
  • First Resistance
  • 108.3
  • Second Resistance
  • 105.7
  • Third Resistance
  • 103.65
  • RSI
  • 61.01
  • MFI
  • 86.19
  • MACD Single Line
  • -1.58
  • MACD
  • -0.22

Nmdc Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 149,728,441
  • 9,362,519,416
  • 62.53
  • Week
  • 40,435,791
  • 2,270,469,653
  • 56.15
  • 1 Month
  • 17,999,517
  • 842,737,390
  • 46.82
  • 6 Month
  • 11,646,065
  • 463,513,396
  • 39.8

Nmdc Result Highlights

NMDC Synopsis

NSE-Mining-Metal Ores

Nmdc Ltd. is involved in the business activities of Mining of iron ores, Mining of gemstones (agate, diamond, emerald, garnet (gem), jasper, rubby/ saphire etc., Manufacture of direct reduction of iron (sponge iron) and other spongy ferrous products, Manufacture of pig iron and spiegeleisen in pigs, blocks or other primary forms, Electric power generation using other non conventional sources. Company’s Total Operating Revenue is Rs. 15370.06 Cr. and Equity Capital is Rs. 293.07 Cr. for the Year ended 31/03/2021. NMDC Ltd. is a Public Limited Listed company incorporated on 15/11/1958 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L13100TG1958GOI001674 and registration number is 001674.
  • Market Cap
  • 33,145
  • Sales
  • 24,137
  • Shares in Float
  • 114.29
  • No of funds
  • 279
  • Yield
  • 13.03
  • Book Value
  • 0.95
  • U/D Vol ratio
  • 1.6
  • LTDebt / Equity
  • 5
  • Alpha
  • -0.18
  • Beta
  • 1.22

NMDC

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 60.79%
  • 60.79%
  • 60.79%
  • Mutual Funds
  • 5.85%
  • 5.59%
  • 5.75%
  • Insurance Companies
  • 15.23%
  • 15.19%
  • 14.95%
  • Foreign Portfolio Investors
  • 5.89%
  • 6.88%
  • 5.32%
  • Financial Institutions/ Banks
  • 1.04%
  • 1.04%
  • 1.04%
  • Individual Investors
  • 8.88%
  • 8.27%
  • 9.59%
  • Others
  • 2.32%
  • 2.24%
  • 2.56%

NMDC Management

  • Name
  • Designation
  • Mr. Sumit Deb
  • Chairman & Managing Director
  • Mr. Amitava Mukherjee
  • Director - Finance
  • Mr. Alok Kumar Mehta
  • Director - Commercial
  • Mr. Somnath Nandi
  • Director - Technical
  • Mrs. Rasika Chaube
  • Government Nominee Director
  • Mr. Sukriti Likhi
  • Government Nominee Director

Nmdc Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Nmdc Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-05
  • Quarterly Results
  • 2022-05-26
  • Audited Results
  • 2022-02-08
  • Quarterly Results
  • (Revised) per share(100%)Final Dividend
  • 2021-12-03
  • Interim Dividend
  • 2021-11-11
  • Quarterly Results
  • Date
  • Purpose
  • Remarks
  • 2022-02-18
  • INTERIM
  • Rs.5.73 per share (573%) Second Interim Dividend
  • 2021-12-15
  • INTERIM
  • Rs.9.01 per share(901%)Interim Dividend
  • 2021-03-23
  • INTERIM
  • Rs.7.76 per share(776%)Interim Dividend

NMDC MF Shareholding

  • Name
  • Amount(cr)
  • ICICI Prudential Bluechip Fund Growth
  • 29981
  • Kotak Equity Arbitrage Fund Growth
  • 25789
  • SBI Balanced Advantage Fund Regular Growth
  • 23436
  • CPSE ETF
  • 17131
  • Aditya Birla Sun Life Flexi Cap Fund Growth
  • 14349

About Company

The National Mineral Development Corporation (NMDC) is engaged in the exploration and production of Iron Ore and diamonds, exploration of a wide range of minerals including copper, rock phosphate, limestone, magnesite, diamond, tungsten and beach sands and many others.


They primarily operate four Iron Ore mechanized mines:

  • Bailadila Iron Ore Mines – Kirandul Complex (Dep-14, 14 NMZ, 11B & 11C)
  • Bailadila Iron Ore Mine – Bacheli Complex (Dep-5,10 & 11A) in the Chhattisgarh State
  • Donimalai Iron Ore Mine 
  • Kumaraswamy Iron Ore Mine in the Karnataka State. 

The National Mineral Development Corporation (NMDC) is a public sector undertaking of the Government of India. The company was set up on March 27, 1958, under Mines & Minerals (Development & Regulation) Act 1957. Its objective was to promote the development and regulation of mines and minerals in GoI’s mineral-rich areas, i.e., Orissa, Chattisgarh, Jharkhand & Andhra Pradesh. NMDC has been recognized by Forbes magazine as one of Asia's best under-a-billion listings.

It is one of the most profitable Navratna companies.

Business Verticals

NMDC Ltd. is engaged in the mining and marketing copper, rock phosphate, limestone, magnesite, diamond, tungsten and beach sands. Apart from mining, NMDC Ltd. incorporated a special purpose vehicle (SPV) in December 2011 to set up a power plant for captive use to the 3 MTPA integrated steel plant constructed at Nagarnar. 

Additionally, it provides logistics support services for the movement of mineral resources through its network of rail wagons, road transport, and handling facilities at ports.

Milestones

1958 - NMDC was incorporated as National Mineral Development Corporation Pvt Limited.

1966 - Acquired the Panna Diamond Project.

1968 - NMDC started the production of iron ore from Bailadila Deposit No. 14.

1975 - The Company became a deemed public limited company. 

1977 - The Donimalai Iron Ore Mine began producing iron ore.

1987 - Production of iron ore from Bailadila Deposit No.11C has begun.

1989 - J & K Mineral Development Corporation Limited was formed with J & K Minerals Ltd. to explore and exploit the Panthal magnesite mine and produce dead burnt magnesite.

1993 - NMDC was converted into a public company.

2008 - 

Entered a new market: wind energy. Seven units of 1.5 MW Wind Electricity Generators have been commissioned.

Achieved first place in the financial ranking of central public sector enterprises in the 2007-08 fiscal year, according to a survey conducted by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, based on the overall performance on financial and other parameters.

Awarded the Rajbhasha shield - first prize for the Town Official Language in 2007-08.

The company's name changed from the National Mineral Development Corporation Ltd. to NMDC Ltd.

2009 - 

Recorded a turnover of Rs. 75,640 million, a profit after tax of Rs. 43,720 million, and distributed a dividend of 221 per cent to the Company's shareholders.

Reopened its diamond mine at Panna after a four-year hiatus after the Supreme Court approved the mine's operation.

Signed an agreement with the Steel Authority of India Ltd. to develop the Arki Limestone deposit to supply low silica high-grade limestone primarily to NMDC and Steel Authority of India Limited steel plants.

2010 - 

Entered into an agreement with the Government of Andhra Pradesh's Department of Mines and Geology and the Andhra Pradesh Mineral Development Corporation for the exploration and exploitation of iron ore and gold in the state of Andhra Pradesh.

The state-owned NMDC Ltd has formed a joint venture company for mine exploration and development in South Africa with Kopano Logistics Services.

2011 - 

NMDC receives approval for the Himachal limestone project.

NMDC has signed a Contract Agreement for the turnkey execution of a Sinter Plant with a consortium comprising Siemens VAI, Austria, SVAI India, and NCC Ltd.

NMDC has signed an MoU with Legacy Iron Ore Limited (Legacy), Australia, to purchase 50% of the Company (Legacy), allowing NMDC to enter the Australian resource sector.

2013 - 

NMDC receives the "Steelies - 2013 - Award for Excellence in Project Management"

The Asia Pacific HRM Congress Awards 2013 were presented to NMDC Limited, Hyderabad, with the "HR Leadership Award."

NMDC signs Memorandum of Understanding for Zimbabwe Mineral Projects.

NMDC signs an agreement with a Zimbabwean company for African mineral projects.

2014 - 

NMDC was named "Most Valuable Company" in the Navaratna Category of the 2014 India Today PSU Awards.

NMDC received the "BT-Star PSU of the Year Award for Outstanding Performance Among Maharatna and Navratna PSUs."

2015 - 

NMDC Ltd. has formed a wholly-owned subsidiary company called "NMDC Steel Ltd" to transfer the Iron & Steel Plant (NISP) to the newly formed subsidiary company.

NMDC Ltd. has received the India Pride Award in the metals and minerals and trade (including mining) category for 2015.

2016 - 

Among the Ministry of Steel's PSUs, NMDC was awarded the Ispat Rajbhasha Shield (First Prize) for Rajbhasha implementation in 2015-16.

NMDC received the "Most Efficient PSU" Award.

NMDC received the Governance Now PSU Award for Strategic Performance in 2016.

2017 - 

Three NMDC mines have received a 5-star rating.

NMDC Ltd. receives the 2017 Golden Peacock Corporate Ethics Award.

NMDC FAQs

What is Share Price of NMDC ?

NMDC share price is ₹113 As on 09 August, 2022 | 19:47

What is the Market Cap of NMDC ?

The Market Cap of NMDC is ₹33145.2 Cr As on 09 August, 2022 | 19:47

What is the P/E ratio of NMDC ?

The P/E ratio of NMDC is 4.3 As on 09 August, 2022 | 19:47

What is the PB ratio of NMDC ?

The PB ratio of NMDC is 0.9 As on 09 August, 2022 | 19:47

What were the company's most recent reported sales and net income?

NMDC Ltd. recorded net sales of INR 25882.06 crores in FY22.

What is the future of the company's shares?

Owing to its strong fundamentals, research analysts are bullish on NMDC.

How to buy shares of NMDC Ltd.?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Q1FY23