Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Monday’s trading session, five stocks witnessed a long unwinding. Here’s the list: Change in Position

Vedanta, NMDC among 5 stocks with long unwinding - Change in Position

Hyderabad Marathon receives World Athletics affiliation, set to become one of the most sought-after marathons globally.

NMDC Hyderabad Marathon granted the World Athletics ‘Basic’ label

Indian companies, including JSW, Reliance, Adani, and Tata Steel, significantly increased their investments in the training of athletes for the Paris Olympics 2024. State-owned firms like NTPC and NMDC also contributed. The increased funding focuses on athlete development, infrastructure, and preparation camps. Investments rose by 30-40% compared to previous games, reflecting India’s ambitious Olympic goals.

India Inc diversifies investments from metal to mettle

The Indian government plans to reassess bidder interest in several public sector companies, including Shipping Corporation and BEML, though Concor and BPCL are currently not under consideration. The government is also reviewing other potential privatisations, including Hindustan Latex Limited and NMDC Steel.

Govt to reassess interest of bidders for Shipping Corp and BEML, hits pause on Concor and BPCL

The newly inaugurated NMDC R&D Centre in Hyderabad features advanced instruments like an automated mineral analyser and an automated fusion bead-based X-ray fluorescence (XRF) analyser.

Steel Secretary reviews NMDC’s new R&D centre in Hyderabad

Railway, defence, and PSU stocks on BSE rose ahead of the Union Budget by the Finance Minister. RailTel up 3%, Cochin Shipyard and DCX Systems gained, while Titagarh Rail, Texmaco Rail mixed. PSU stocks: IRCTC, IRFC, OIL, GMDC, Mazagon Dock, Bharat Forge, LIC, BEML, NTPC, Gujarat Gas, RCF, NMDC Steel. Multibagger returns seen; MRPL declined 3.7%.

Rail, defence, PSU stocks in focus ahead of Budget

NMDC aims for 100 MT iron ore production by 2030 through internal restructuring and overseas acquisitions, with strategic planning in place.

NMDC prepares to double capacity by 2030

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Friday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list: Short buildup

NMDC, BPCL among 5 stocks with short buildup - Short buildup

Minister Kumaraswamy urges NMDC to reach 100 million tonnes by 2030, emphasizing excellence, innovation, and sustainability.

Kumaraswamy asks NMDC to stay committed to its goal of 100 million tonnes by 2030

Stocks to watch: Shares of firms like Tata Steel, Hindustan Zinc, Star Health, Vedanta, NMDC, and others will be in focus on Thursday’s trade.

Stocks To Watch: Tata Steel, Hindustan Zinc, Star Health, Vedanta, NMDC, And Others - News18

Tata Motors Total domestic sales are down 8% year-on-year at 74,147 units in June. Total commercial vehicle sales were down 7% at 31,980 units, total PV sales were down 8% at 43,624 units and total EV sales were down 34% at 4,657 units. The company reported FY25 Q1 sales data in which total domesti…

Stock alert: Tata Motors, TVS Motor, Hero Motocorp, NMDC, South Indian Bank, CSB Bank

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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

NMDC Ltd