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NMDC is currently trading at Rs. 160.05, up by 5.80 points or 3.76% from its previous closing of Rs. 154.25 on the BSE.
The scrip opened at Rs. 155.10 and has touched a high and low of Rs. 159.75 and Rs. 154.10 respectively. So far 3657369 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 206.35 on 16-Feb-2012 and a 52 week low of Rs. 136.15 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 164.20 and Rs. 149.95 respectively. The current market cap of the company is Rs. 63078.63 crore.
The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 9.08% and 0.91% respectively.
In a fillip for its efforts to cap the widening fiscal deficit, government has raised $1.1 billion by selling a stake in state miner NMDC. The government aims to raise $5.5 billion in the current fiscal year ending next March by divesting stakes in state companies. The share sale was the largest by the government since a $2.5 billion auction of stock in state explorer Oil and Natural Gas Corporation at the end of the previous financial year.
In NMDC sale, the government offered 396.47 million shares, or 10 percent of its stake, at a floor price of Rs 147, an 8 percent discount to December 12 close. However, by the close, the offer had attracted bids for 686.92 million shares at an indicative weighted average price of Rs 149.15, exchange data showed.
Further, the government, which is expected to ramp up its divestment programme in the months ahead, has approved share sales in top power utility NTPC, Oil India, state trading firm MMTC and power equipment maker Bharat Heavy Electrical (BHEL).
NMDC, India's top ore miner, accounts for about 15 per cent of iron ore mined in the country, with annual production capacity of 30 million tonnes.
| Company Name | CMP |
|---|---|
| Coal India | 490.75 |
| NMDC | 282.10 |
| GMDC | 428.10 |
| Sandur Manganese | 523.00 |
| MOIL | 531.80 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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