Investing in shares can be challenging, but understanding a company’s growth, performance, and future targets can significantly aid in making informed decisions. This article delves into the NMDC Share Price Target from 2024 to 2040, providing a comprehensive analysis based on expert research and advice.
What Is NMDC Limited Company?
NMDC Limited, also known as the National Mineral Development Corporation, is a leading Indian public sector enterprise involved in the exploration and production of various minerals, including iron ore, copper, limestone, diamond, coal, graphite, and tin. Established in 1958, NMDC is India’s largest iron ore producer, with its headquarters located in Hyderabad.
Overview Of NMDC Limited Company
NMDC operates three mechanized mines in Chhattisgarh and Karnataka, producing over 35 million tonnes of iron ore annually. It also operates the only mechanized diamond mine in India, located at Panna, Madhya Pradesh. Additionally, NMDC has established the Nagarnar Steel Plant, a greenfield project with a capacity of 3 MTPA.
Company Overview Table
Company Name
Market Cap (₹ Crore)
P/B Ratio
52 Week High (₹)
52 Week Low (₹)
Book Value (₹)
Face Value (₹)
Dividend Yield (%)
NMDC Limited
79,528.99
3.1
288.96
103.85
87.56
1
2.8
History Of NMDC Share Price
Historical Share Growth
Period
Growth (₹)
Percentage (%)
Last 6 months
84.95
46.16
Last 1 year
160
146.79
Last 5 years
164.45
157.29
Last 1 month
–
–
Last 5 days
3.9
1.47
Share Price Return
Period
Return (%)
Last 3 months
14.15
Last 1 year
147.12
Last 3 years
44.36
Last 5 years
158.09
NMDC Share Price Target
2024 Share Price Target
Year
1st Target (₹)
2nd Target (₹)
2024
250
370.53
2025 Share Price Target
Year
1st Target (₹)
2nd Target (₹)
2025
410.56
560.36
2027 Share Price Target
Year
1st Target (₹)
2nd Target (₹)
2027
805.36
980.36
2030 Share Price Target
Year
1st Target (₹)
2nd Target (₹)
2030
1524.89
1625.87
2040 Share Price Target
Year
1st Target (₹)
2nd Target (₹)
2040
3256.75
3369.85
Peer Companies of NMDC Limited
Aanchal Ispat
Adishakti Loha
Aditya Ispat
APL Apollo
Investor Types And Ratios
Shareholding Pattern
Shareholder Type
Share Percentage (%)
Promoters
60.8
Public
12.9
FII
12.6
DII
14.3
Financial Performance
Key Financials
Metric
Value (₹ Crore)
Market Capitalization
79,528.99
Total Share Capital
293.07
Total Borrowings
415.98
Trade Payables
425.76
Trade Receivables
2656.02
Total Inventories
2660.58
Total Investments
886.72
Total Assets
27941.7
Total Revenue
18414.73
ROE (%)
24.75
ROCE (%)
27.27
Debt-Equity Ratio (%)
0.02
Price-to-Book (P/B) Ratio
3.3
Price-to-Earnings (P/E) Ratio
15.87
Dividend Yield (%)
3.38
Advantages and Disadvantages Of NMDC Share
Advantages
The company has minimal debt and a strong interest cover ratio of 103.25.
Healthy Return on Equity (ROE) at 29.86% over the last 3 years.
Good Return on Capital Employed (ROCE) at 39.23% over the last 3 years.
High promoter holding at 60.80%.
Increasing net cash flow.
Disadvantages
Poor profit growth of 15.89% over the last 3 years.
NMDC Limited is a public sector enterprise owned by the Government of India under the Ministry of Steel.
Should I invest in NMDC Share right now?
Investing in NMDC shares should be considered after thorough research and consultation with a certified financial advisor, considering the market trends and financial health of the company.
What is the NMDC Share Price Target for 2024?
The NMDC Share Price Target for 2024 is ₹250 for the 1st target and ₹370.53 for the 2nd target.
What is the NMDC Share Price Target for 2025?
The NMDC Share Price Target for 2025 is ₹410.56 for the 1st target and ₹560.36 for the 2nd target.
What is the NMDC Share Price Target for 2027?
The NMDC Share Price Target for 2027 is ₹805.36 for the 1st target and ₹980.36 for the 2nd target.
What is the NMDC Share Price Target for 2030?
The NMDC Share Price Target for 2030 is ₹1524.89 for the 1st target and ₹1625.87 for the 2nd target.
What is the NMDC Share Price Target for 2040?
The NMDC Share Price Target for 2040 is ₹3256.75 for the 1st target and ₹3369.85 for the 2nd target.
Conclusion
NMDC Limited, with its robust financial performance and strategic initiatives, presents a promising investment opportunity. The share price targets outlined from 2024 to 2040 indicate potential for substantial growth, making NMDC an attractive option for long-term investors. However, it is crucial to conduct detailed research and consult with financial experts before making any investment decisions.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investing in the stock market involves risks, and it is advisable to consult with a certified financial advisor before making investment decisions. The author and website are not responsible for any financial losses that may occur.
