NMDC Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of NMDC Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: NMDC Ltd.
Rating: 5
Author: Motilal Oswal

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NMDC Ltd.

06 Feb 2020

68.88

-0.85%

Corp. Action

NMDC LTD. - 526371 - Record Date For Payment Of Interim Dividend For The Financial Year …

BSE India

Record date for payment of Interim Dividend for the financial year 2019-2020

pdf

NMDC Ltd.

06 Feb 2020

68.88

-0.85%

Investor Presentation

NMDC LTD. - 526371 - Announcement under Regulation 30 (LODR)-Investor Presentation

BSE India

Corporate Investors Presentation on Company's Performance in the FY 2019-20 (9M)

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NMDC Ltd.

06 Feb 2020

68.88

-0.85%

Corp. Action

NMDC LTD. - 526371 - Corporate Action-Board approves Dividend

BSE India

Declaration of Interim Dividend for the financial year 2019-2020

pdf

NMDC Ltd.

06 Feb 2020

68.88

-0.85%

Result

NMDC LTD. - 526371 - Outcome Of Board Meeting, Unaudited Financial Results And Limited Review Report …

BSE India

Outcome of Board Meeting, Unaudited Financial Results and Limited Review Report for the quarter and nine months ended 31st December 2019

pdf

NMDC Ltd.

06 Feb 2020

68.88

-0.85%

Miss led by lower-than-expected sales volumes

Buy: NMDC Ltd.

Target

Motilal Oswal

While we expect the recent price hikes to aid profitability, we remain conservative on prices heading into FY21. EBITDA was up 34% QoQ to INR15.7b on the back of higher production at 8.6mt (+71% QoQ) and higher sales volume at 8.4mt (+45% QoQ). Reported domestic realization declined INR313 QoQ to INR2,578/t on the back of price declines during the quarter. Subsequently, we expect domestic realizations to increase 25% Sustainability of these price hikes though would be dependent on sustained steel demand and the materialization of a disruption on the iron ore side post the lease expiry (which we have not built in). However, given the recent price hikes and shift to the lower tax rate, we raise our EBITDA est. We believe the companys steel plant would be valuable given the low-cost iron ore and economy of The Ministry of Mines has favorably amended the Mineral rules with regards to renewal of leases.

NMDC Ltd. is trading above its 150 day SMA of 68.5

NMDC Ltd.

01 Feb 2020

68.88

-0.85%

Company Update

NMDC LTD. - 526371 - Details Of Production & Sales Of Iron Ore (Provisional) Upto The …

BSE India

Details of Production & Sales of Iron Ore (Provisional) upto the month of January 2020

pdf

NMDC Ltd.

29 Jan 2020

68.88

-0.85%

Corp. Action

NMDC LTD. - 526371 - Corporate Action-Board to consider Dividend

BSE India

Board to consider the proposal for declaration of Interim Dividend, if any, for the financial year 2019-2020

pdf

NMDC Ltd.

20 Jan 2020

68.88

-0.85%

NMDC hikes prices for 2nd time in a month

Moneycontrol

The price of fines were also fixed at Rs 2,560 a tonne, higher from Rs 2,360 per tonne fixed by NMDC in November 2019.

Number of MF schemes decreased from 39 to 33 in Mar 2025 qtr

Company news: NMDC Ltd revises iron prices

Business Line | 20 Jan 2020

NMDC Ltd.

20 Jan 2020

68.88

-0.85%

Company Update

NMDC Ltd - 526371 - Prices Of Iron Ore W.E.F. 19-01-2020

BSE India

Prices of Iron Ore w.e.f. 19-01-2020

pdf

NMDC Ltd.

17 Jan 2020

68.88

-0.85%

Board Meeting

NMDC LTD. - 526371 - Board Meeting Intimation for Intimation Of Date Of The Board Meeting

BSE India

NMDC LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/02/2020 ,inter alia, to consider and approve and take on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter/nine months ended 31st December 2019.

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Is NMDC Ltd. worth buying?

1538 Votes:

Buy 80.88%

Sell 10.01%

Hold 9.1%

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