NMDC Screener

HI I would like to have the information about (NMDC) as well as the details of the share prices as well as the performance of NMDC?

The NMDC (National Mineral Development Corporation) Limited (BSE: 526371, NSE: NMDC) is a state-controlled mineral maker of the Government of India. It is possessed by the Government of India and is under managerial control of the Ministry of Steel.

It is associated with the investigation of iron mineral, copper, shake phosphate, limestone, dolomite, gypsum, bentonite, magnesite, precious stone, tin, tungsten, graphite and so on.

It is India's biggest iron mineral maker and exporter delivering around 30 million tons of iron metal from 3 completely automated mines in Chhattisgarh and Karnataka. It likewise works the main automated precious stone mine in the nation at Panna in Madhya Pradesh.

NMDC Ltd. is likewise broadening into other crude materials for steel industry like low silica limestone. Generation of Dead Burnt magnesite and further esteem expansion is under examination through its auxiliary J K Mineral Development Corporation Limited.

NMDC Ltd. has assumed control over a Silica Sand mining and beneficiaton venture from Uttar Pradesh State Mineral Development Corporation Ltd., The plant has been intended to deliver high immaculateness beneficiated[clarification needed] silica sand of around 300,000 tons for every year which is a crude material for generation of buoy/sheet glass.

With a view to catch the open doors now accessible after the NAVARATNA acknowledgment and its skill in the field of mineral investigation and mining, NMDC is wandering into improvement of high esteem minerals like gold, precious stone and so on., as joint ventures in a portion of the African nations.

NMDC Ltd Mining

Market Cap.:
41,763.35 Cr.

Current Price:
132.00

Book Value:
74.24

Stock P/E:
14.43

Dividend Yield:
3.90%

Face Value:
1.00

Listed on
BSE and NSE

52 Week High/Low:
152.40 / 100.15

Pros:

The Company has reduced debt.

The Company is virtually debt free.

The Company is expected to give good quarter

The Company has been maintaining a healthy dividend payout of 80.02%

Cons:
The company has delivered a reduced growth of -4.75% over past five years.

The Company has a low return on equity of 13.91% for last three years.

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Answered By StudyChaCha Member