What is future of NMDC share?

What is future of NMDC share?

View 14 reports from 5 analysts offering long term price targets for NMDC Ltd.. NMDC Ltd. has an average target of 195.50. The consensus estimate represents an upside of 62.51% from the last price of 120.30. Reco – This broker has downgraded this stock from it’s previous report.

Is NMDC good for long term investment?

Is NMDC good for long term investment? As on Jun 09,2022, the Fundamentals of NMDC look Strong and hence it may be good for long term investment!

Is it good to invest in NMDC share?

NMDC has crossed 40 million tons of production volumes during March 2022 and is likely to post a strong 23% YoY growth in volumes in FY2022E. The company has increased iron ore fines prices by 22% in the past two months and the brokerage sees further upside in the near term given high discount to import parity prices.

Why is NMDC stock falling?

NMDC Nmdc is falling or rising technical reasons Stock is falling and might fall more. Stock of Nmdc (NMDC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower…

Will NMDC go up?

GMDC is in strong bullish momentum where it has witnessed a breakout of long-term downsloping trendline resistance, said Santosh Meena, Head of Research, Swastika Investmart. “We can expect an immediate target of 180 and it has the potential to head towards the 220-225 area in the near term.

Will NMDC shares rise tomorrow?

Tomorrow’s movement Prediction of NMDC Limited NMDC as on 27 May 2022 appears undecisive. It can be Bearish or Bullish….Munafa value: 36 as on 27 Fri May 2022.

Will NMDC declare dividend?

NMDC Ltd. For the year ending March 2022 NMDC has declared an equity dividend of 1474.00% amounting to Rs 14.74 per share. At the current share price of Rs 126.85 this results in a dividend yield of 11.62%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Is NMDC debt free company?

NMDC is not only a debt free company, but, is also a cash rich company with a stock pile of cash in its books.

Is NMDC debt free?

Will NMDC shares rise?

Tomorrow’s movement Prediction of NMDC Limited NMDC as on 10 Jun 2022 appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session….Munafa value: 25 as on 10 Fri Jun 2022.

Why GMDC share is increasing?

Shares of Gujarat Mineral Development Corporation (GMDC) hit an over four-year high of Rs 162.15, rallying 18 per cent in Thursday’s intra-day trade on expectations of strong earnings due to rising commodity prices.