|
30 Jul 2025 |
NMDC
|
Consensus Share Price Target
|
71.80 |
73.72 |
- |
2.67 |
hold
|
|
|
|
|
22 Jun 2015
|
NMDC
|
HDFC Securities
|
71.80
|
98.00
|
119.60
(-39.97%)
|
Target met |
Sell
|
|
|
NMDC has already cut its ore price by ~30% (vs 4QFY15 avg for fines) to maintain competitiveness vs imports and Orissa miners. However, given poor demand (dispatches down 20% YoY in April-May), especially in the Bailadilla sector and nil exports, pressure on prices will remain.
|
|
13 Feb 2015
|
NMDC
|
HDFC Securities
|
71.80
|
144.00
|
142.35
(-49.56%)
|
Target met |
Buy
|
|
|
Buy on dips to Rs 124.50 - Rs 129.5 for Target of Rs 144 in 1 quarter
|
|
31 Aug 2012
|
NMDC
|
Ashika Research
|
71.80
|
225.00
|
191.95
(-62.59%)
|
Pre-Bonus/
Split |
Buy
|
|
|
extraction capacity and rich iron-ore reserves & resources of ~1.36 Bn tonnes. It produced 27 million tonnes iron ore from its three operating mines located in Chhattisgarh and Karnataka, having a total proved reserve of around 800...
|