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

NMDC Ltd.

NSE: NMDC | BSE: 526371 | ISIN: INE584A01023 | Industry: Coal & Mining
| Mid-range Performer

70.3500 -0.34 (-0.48%)

NSE Jun 04, 2025 15:31 PM

Volume: 25.2M

NMDC Ltd.

18 Oct 2024

70.35

-0.48%

Rising steel demand, capacity expansion to boost growth

Buy: NMDC Ltd.

Target

Motilal Oswal

In 2QFY25, NMDC reported production volume of 8.3mt, down 10% QoQ and 6% YoY, totaling 17.5mt for 1HFY25 (down 11% YoY).

Motilal Oswal released a Buy report for NMDC Ltd. with a price target of 83.0 on 28 May, 2025.