MoneyWorks4Me

NMDC strengthens on reporting 31% rise in Q4 net profit

29 May 2019 Evaluate

NMDC is currently trading at Rs. 102.90, up by 0.95 points or 0.93% from its previous closing of Rs. 101.95 on the BSE.

The scrip opened at Rs. 104.40 and has touched a high and low of Rs. 106.45 and Rs. 102.65 respectively. So far 906798 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 124.30 on 14-Sep-2018 and a 52 week low of Rs. 86.45 on 06-Dec-2018.

Last one week high and low of the scrip stood at Rs. 103.60 and Rs. 93.45 respectively. The current market cap of the company is Rs. 31552.36 crore.

The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 22.88% and 4.85% respectively.

NMDC has reported a rise of 31.46% in its net profit at Rs 1,453.77 crore for the quarter ended March 31, 2019 as compared to Rs 1,105.85 crore for the same quarter in the previous year. However, total income of the company decreased by 5.27% at Rs 3,839.40 crore for Q4FY19 as compared Rs 4,053.16 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 21.97% in its net profit at Rs 4,642.11 crore as compared to Rs 3,805.88 crore for the previous year. Total income of the company increased by 5.00% at Rs 12,740.97 crore for year under review as compared to Rs 12,134.64 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 21.94% in its net profit at Rs 4,637.07 crore as compared to Rs 3,802.79 crore for the previous year. Total income of the company increased by 4.97% at Rs 12,741.63 crore for year under review as compared to Rs 12,138.13 crore for year ended March 31, 2018.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
View more..