Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The interim dividend shall be paid/dispatched to the shareholders of the company as per the provisions of the companies Act 2013.

NMDC fixes record date for interim dividend; stock dips 1%

National Aluminium and Tata Steel were also trading over 1% higher. Vedanta and SAIL were also bullish. Ratnamani and Welspun Corp dragged the sector.

Nifty Metal stocks edge higher; NMDC, Hindustan Zinc, and Jindal Steel lead the sectorial gains

NMDC Ltd is quoting at Rs 145.05, up 2.44% on the day as on 12:54 IST on the NSE. The stock is up 35.75% in last one year as compared to a 30.6% spurt in NIFTY and a 71.65% spurt in the Nifty Metal index.

NMDC Ltd soars 2.44%

The company achieved a growth of 36% in production and 33% in sales over CPLY.

NMDC’s iron ore production rises to 3.34 MT in November 2021

The PSU miner’s provisional iron ore production rose 0.60% to 3.34 million tonnes (MT) in November 2021 as against 3.32 MT in November 2020.

NMDC November 2021 iron ore production rises marginally to 3.34 MT

Mining major NMDC produced 3.34 million tonnes (MT) of iron ore and registered sales of 2.88 MT in November. The output was higher compared with the 3.32 MT produced a year earlier, while monthly sale

NMDC ore output rises, sales dip

Nifty ends the day 1.08% higher at Rs 17,166.90
Nifty Bank up over 650 points (~2%). IndusInd Bank, RBL top the chart
Nifty Pharma, Healthcare & Consumer Durables end the day in the red
PSU Banks charged up. Union Bank up 6.16%, Canara Bank up 4%
Metal stocks shine: JSW Steel up ~5%, NMDC & Hindustan Copper up over 3% each
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Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

The company reduced lump ore prices by Rs750 per ton, fines by Rs200 per ton.

NMDC gains over 1% after slashing iron ore prices

The state-owned mining company on Tuesday slashed prices of lump ore by Rs 750 a tonne and fines Rs 200 per tonne, with immediate effect.

NMDC slashes iron ore prices

Maruti expects December production at its Gujarat and Haryana plant to be impacted by the ongoing semiconductor shortage

Stocks to Watch: Maruti, Axis Bank, JSW Steel, NMDC, Rel Capital, FMCGs

Automobile manufacturers will release their sales numbers for the month ended on November 30. This includes all segments of auto makers.

Stocks in the news: NTPC, Infosys, NMDC, Zomato, PB Fintech and autos

NMDC Limited is engaged in the mining of iron ore. The Company's business segments include Iron Ore and Other minerals & services.

NMDC Ltd

NMDC Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NMDC fixes record date for interim dividend; stock dips 1%

Nifty Metal stocks edge higher; NMDC, Hindustan Zinc, and Jindal Steel lead the sectorial gains

NMDC Ltd soars 2.44%

NMDC’s iron ore production rises to 3.34 MT in November 2021

NMDC November 2021 iron ore production rises marginally to 3.34 MT

NMDC ore output rises, sales dip

News Video

Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

NMDC gains over 1% after slashing iron ore prices

NMDC slashes iron ore prices

Stocks to Watch: Maruti, Axis Bank, JSW Steel, NMDC, Rel Capital, FMCGs

NMDC Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

NMDC fixes record date for interim dividend; stock dips 1%

Nifty Metal stocks edge higher; NMDC, Hindustan Zinc, and Jindal Steel lead the sectorial gains

NMDC Ltd soars 2.44%

NMDC’s iron ore production rises to 3.34 MT in November 2021

NMDC November 2021 iron ore production rises marginally to 3.34 MT

NMDC ore output rises, sales dip

News Video

Nifty ends the day 1.08% higher at Rs 17,166.90 | Market Wrap

NMDC gains over 1% after slashing iron ore prices

NMDC slashes iron ore prices

Stocks to Watch: Maruti, Axis Bank, JSW Steel, NMDC, Rel Capital, FMCGs

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock