NMDC is currently trading at Rs. 133.30, up by 3.60 points or 2.78% from its previous closing of Rs. 129.70 on the BSE.
The scrip opened at Rs. 130.80 and has touched a high and low of Rs. 133.30 and Rs. 130.80 respectively. So far 53729 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 148.90 on 10-Feb-2014 and a 52 week low of Rs. 92.65 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 133.70 and Rs. 128.20 respectively. The current market cap of the company is Rs. 52730.72 crore.
The promoters holding in the company stood at 80.00% while Institutions and Non-Institutions held 16.50% and 3.49% respectively.
NMDC is likely to invest around Rs 4000 crore in FY15 in planned steel plant. Of total, the company will invest Rs 3,070 crore in continuing schemes of expansion, Rs 240 crore in new schemes, Rs 400 crore in business development, and Rs 335 crore in investment in other ventures etc.
Meanwhile, the company’s sales volume stood at 30 mt in FY14 and the same is expected to increase to 30-35 mt in FY15.
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.
