NSE: NMDC | BSE: 526371

Mid-range Performer

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67.04 -1.46 (-2.13%)

27.03% Fall from 52W High

20.5M NSE+BSE Volume

NSE 19 Jun, 2025 3:31 PM (IST)

58,940.3

Market Cap

High in industry

1.5

Beta 1Year

Very High Volatility

NMDC Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NMDC, BSE:526371 NMDC Ltd.

NMDC Ltd.

15 Nov 2022

67.04

-2.13%

NMDC Ltd

Hold: NMDC Ltd.

Recommendation Target

ICICI Direct

NMDC Ltd.'s price crossed below 50Day SMA today

NMDC Ltd.

14 Nov 2022

67.04

-2.13%

Weak results; costs rise | maintain Neutral

Neutral: NMDC Ltd.

Motilal Oswal

NMDC Ltd.'s price crossed below 50Day SMA today

NMDC Ltd.

07 Aug 2022

67.04

-2.13%

Strong result, but priced in; Maintain Neutral

Neutral: NMDC Ltd.

Target

Motilal Oswal

NMDC Ltd. has an average target of 76.50 from 5 brokers.

NMDC Ltd.

07 Aug 2022

67.04

-2.13%

NMDC Ltd

Buy: NMDC Ltd.

ICICI Direct

NMDC Ltd. has an average target of 76.50 from 5 brokers.

NMDC Ltd.

29 May 2022

67.04

-2.13%

Difficult times ahead, downgrade to Neutral

Neutral: NMDC Ltd.

Recommendation Target

Motilal Oswal

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

NMDC Ltd.

08 Mar 2022

67.04

-2.13%

Strong pricing and volumes augur well

Buy: NMDC Ltd.

Target

Motilal Oswal

The process of commissioning of the steel plant has already started and hot metal production is likely to start in 1HFY23. We believe the demerger of the Nagarnar Iron and Steel Company (NISP) will be the key trigger for the stock. Thereafter, the government is likely to call for bids from potential suitor, which should likely culminate into sale of the government's holding in the steel plant to the new owner. The management has highlighted that the demerged financials would likely be presented to the Board in 1HFY23E....

NMDC Ltd.'s price crossed below 50Day SMA today

NMDC Ltd.

11 Feb 2022

67.04

-2.13%

NMDC Ltd

Buy: NMDC Ltd.

Target

ICICI Securities Limited

During the quarter, NMDC reported iron ore sales volume of 9.8 MT, up 6% YoY & 9% QoQ (in line with our estimate of 9.9 MT). EBITDA/tonne came in at | 2654/tonne, higher than our estimate of | 2500/tonne (EBITDA/tonne of...

NMDC Ltd. has an average target of 76.50 from 5 brokers.

NMDC Ltd.

10 Feb 2022

67.04

-2.13%

NMDC LIMITED

Accumulate: NMDC Ltd.

Target

Prabhudas Lilladhar

NMDC reported Q3FY22 EBITDA in line with our estimates while above consensus estimates (CE) by 3% at Rs26.1bn, down 16% QoQ/6% YoY. Global iron ore prices increased ~56% in last three months in wake of positive...

NMDC Ltd. is trading below all available SMAs

NMDC Ltd.

09 Feb 2022

67.04

-2.13%

Strong, but inline results; outlook positive

Buy: NMDC Ltd.

Target

Motilal Oswal

NMDC reported strong but inline set of numbers. Revenue/EBITDA/APAT for the quarter stood at INR58.7b/INR 26.1b/INR20.5b. The results were down sequentially due to continuous correction in iron ore prices during the last 6 months. EBITDA/t for the quarter was INR2,654/t (YoY down 5.6%, QoQ down 5.6%). The ore prices corrected due to weak international steel prices and lower production from China which resulted in surplus pellets in India leading to steep correction in ore prices by 37% during that period....