NMDC is currently trading at Rs. 90.95, up by 0.25 points or 0.28% from its previous closing of Rs. 90.70 on the BSE.
The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 91.95 and Rs. 89.90 respectively. So far 332040 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 139.50 on 23-Jan-2020 and a 52 week low of Rs. 62.00 on 13-Mar-2020.
Last one week high and low of the scrip stood at Rs. 95.45 and Rs. 88.25 respectively. The current market cap of the company is Rs. 27862.83 crore.
The promoters holding in the company stood at 69.65%, while Institutions and Non-Institutions held 24.89% and 5.36% respectively.
NMDC’s board has approved a share buyback proposal of up to Rs 1,378 crore. The board approved a proposal for buyback of 13,12,43,809 fully paid-up equity shares of a face value of Re 1 each from the company's shareholders at a price of Rs 105 per equity share payable in cash.
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.