NMDC is currently trading at Rs. 119.60, up by 2.40 points or 2.05% from its previous closing of Rs. 117.20 on the BSE.
The scrip opened at Rs. 117.00 and has touched a high and low of Rs. 119.90 and Rs. 116.00 respectively. So far 67,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 196.15 on 06-Jun-2014 and a 52 week low of Rs. 115.40 on 04-Jun-2015.
Last one week high and low of the scrip stood at Rs. 129.90 and Rs. 115.40 respectively. The current market cap of the company is Rs. 47,418.00 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.74% and 3.26% respectively.
NMDC has reported 16% fall in iron ore production, while the company’s sales of iron ore dropped 21% in the first two months of the current fiscal.
Iron ore production fell to 4.14 million tonnes (MT) in April-May of 2015-16 fiscal from 4.94 MT during the same period in 2014-15. While, sales of ore fell to 4.54 MT from 5.74 MT during the reported period. The production of the company during 2014-15 touched a record at 30.44 MT as against 30.02 MT in 2013-14.
The company has planned a capex of Rs 3,500 crore for 2015-16 fiscal and expects iron ore prices to firm up. Further, the firm is planning to enhance production to a level of 35 MT in the current financial year. NMDC is also planning to raise its capacity to 100 MT by 2024-2025.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: