NMDC shines on reporting 21% rise in Q1 consolidated net profit

14 Aug 2019

NMDC is currently trading at Rs. 103.00, up by 1.85 points or 1.83% from its previous closing of Rs. 101.15 on the BSE.

The scrip opened at Rs. 103.70 and has touched a high and low of Rs. 105.30 and Rs. 102.10 respectively. So far 373711 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. 105.30 and Rs. 100.30 respectively. The current market cap of the company is Rs. 31368.65 crore.

The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 22.94% and 4.78% respectively.

NMDC has reported 20.92% rise in its net profit at Rs 1179.28 crore for the quarter ended June 30, 2019 as compared to Rs 975.27 crore for the same quarter in the previous year. Total income of the company increased by 32.96% at Rs 3386.56 crore for Q1FY20 as compared Rs 2547.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 20.91% in its net profit at Rs 1178.01 crore for the quarter under review as compared to Rs 974.29 crore for the same quarter in the previous year. Total income of the company increased by 32.95% at Rs 3386.65 crore for Q1FY20 as compared Rs 2547.33 crore for the corresponding quarter previous year.

Related NMDC Ltd. Links:

NMDC Share Price

184.90 14.60 (8.57%) May 07, 18:03
1 Year Price Chart
Peers
Company Name CMP
Coal India 136.80
NMDC 184.90
GMDC 67.60
MOIL 175.95
Sandur Manganese 1543.10
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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