NMDC Share Price Target: In this article, you will read about NMDC Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about NMDC, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
NMDC Overview :
NMDC Limited, also known as National Mineral Development Corporation, is an Indian company. NMDC was founded in the year 1958, and its headquarters are located in Hyderabad, India. NMDC is a public sector undertaking involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, coal, beach sands, etc. From the below table, you can visit their official website.
| Name | NMDC – National Mineral Development Corporation |
|---|---|
| Industry | Mining |
| Founded | 1958 |
| Services | Iron Ore Production Sales, Diamond Production Iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, coal and beach sands |
| Country | India |
| Website | nmdc.co.in |
| Profile | NMDC |
Shareholding Pattern of NMDC:
- Promoters. 60.79%
- Retail and Others. 12.16%
- Foreign Institutions. 9.91%
Fundamentals of NMDC:
The market cap of NMDC is 617.92B. The number of shares outstanding is 2.93B. And Earnings per share is ₹20.01. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 617.92B |
| Enterprise value | ₹500,623,605,760.00 |
| Shares outstanding | 2.93B |
| P/E ratio | 10.54 |
| Forward P/E ratio | 9.80 |
| Price / Book | 2.52 |
| Book value | ₹83.51 |
| Payout ratio | 33.00% |
| Quick ratio | 2.19 |
| Current ratio | 2.92 |
| Debt / Equity | 8.75 |
| Price / Sales | 3.26 |
| Earnings per share | ₹20.01 |
| Revenue per share | ₹64.77 |
| Total cash per share | ₹47.47 |
| Forward annual dividend rate | ₹5.70 |
| Ex-Dividend date | August 31, 2023 |
| Forward annual dividend yield | 2.70% |
| Five Year Avg Dividend Yield | 6.75 |
| Total cash | 139.19B |
| Total debt | 21.43B |
| Total revenue | 189.80B |
| Return on assets | 12.99% |
| Return on equity | 26.06% |
| Gross profit | – |
| Gross margin | 52.99% |
| % Held by insiders | 60.80% |
| % Held by Institutions | 19.86% |
NMDC Share Price NSE/BSE:
NMDC Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
NMDC shares on NSE are trading at around 217.00 INR, each as of January 2024. NMDC shares on BSE are currently trading at 217.00 INR.
NMDC FPO Details:
| IPO Date | March 10, 2010 to March 12, 2010 |
| Listing Date | March 30, 2010 |
| Face Value | ₹1 per share |
| Price Band | ₹300 to ₹350 per share |
| Lot Size | 20 Shares |
| Total Issue Size | 332,243,200 shares (aggregating up to ₹9,930.45 Cr) |
| Issue Type | Book Built Issue FPO |
| Listing At | BSE, NSE |
NMDC Share Price History:
| Year | NMDC | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 2002 | ₹4.33 | – | ↑ ₹4.57↓ ₹0.96 |
| 2003 | ₹17.84 | 312% | ↑ ₹17.84↓ ₹2.97 |
| 2004 | ₹23.67 | 32.6% | ↑ ₹24.50↓ ₹6.50 |
| 2005 | ₹41.67 | 76% | ↑ ₹44.32↓ ₹21.23 |
| 2006 | ₹75.00 | 79.9% | ↑ ₹166↓ ₹43.75 |
| 2007 | ₹460.82 | 514.4% | ↑ ₹552↓ ₹63.33 |
| 2008 | ₹165.20 | -64.2% | ↑ ₹538↓ ₹115 |
| 2009 | ₹422.70 | 155.8% | ↑ ₹489↓ ₹140 |
| 2010 | ₹277.70 | -34.4% | ↑ ₹571↓ ₹227 |
| 2011 | ₹160.85 | -42.1% | ↑ ₹304↓ ₹136 |
| 2012 | ₹118.32 | -26.5% | ↑ ₹206↓ ₹107 |
| 2013 | ₹101.69 | -14.1% | ↑ ₹122↓ ₹66.40 |
| 2014 | ₹103.88 | 2.1% | ↑ ₹140↓ ₹88.22 |
| 2015 | ₹64.43 | -38% | ↑ ₹106↓ ₹61.74 |
| 2016 | ₹88.47 | 37.3% | ↑ ₹102↓ ₹53.89 |
| 2017 | ₹98.82 | 11.6% | ↑ ₹109↓ ₹73.67 |
| 2018 | ₹69.51 | -29.7% | ↑ ₹116↓ ₹61.95 |
| 2019 | ₹92.41 | 32.9% | ↑ ₹93.66↓ ₹53.60 |
| 2020 | ₹81.98 | -11.3% | ↑ ₹99.97↓ ₹44.43 |
| 2021 | ₹95.60 | 16.6% | ↑ ₹152↓ ₹74.24 |
| 2022 | ₹123.10 | 28.7% | ↑ ₹126↓ ₹71.38 |
| 2023 | ₹209.65 | 70.3% | ↑ ₹212↓ ₹103 |
NMDC Expected Share Price Target:
| Year | Minimum Share Price (₹) | Maximum Share Price (₹) |
|---|---|---|
| 2024 | ₹215 | ₹285 |
| 2025 | ₹280 | ₹350 |
| 2026 | ₹345 | ₹430 |
| 2027 | ₹425 | ₹515 |
| 2028 | ₹510 | ₹600 |
| 2029 | ₹595 | ₹680 |
| 2030 | ₹670 | ₹750 |
| 2035 | ₹1,100 | ₹1,200 |
Also Consider Reading: HUDCO Share Price Target.
NMDC Share Price Target 2024:
On the analysis we will get to know the NMDC share price target by 2024, the minimum price range of 215, and the maximum share price of 285. This range of amounts is based on the strategies of the company. NMDC Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 215 | 285 |
NMDC Price Target 2025:
The expected minimum range of NMDC share price target in 2025 is 280, and the maximum share price target is 350. NMDC Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 280 | 350 |
NMDC Share Price Target 2027:
The expected minimum range of NMDC share price target in 2027 is 425, and the maximum share price target is 515. NMDC Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 425 | 515 |
NMDC Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for NMDC shares is 670, and the maximum price range is 750. NMDC Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 670 | 750 |
NMDC Share Price Target 2035:
By the year 2035, the expected minimum range of NMDC share price is 1,100, and the maximum price range is 1,200. NMDC Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2024 | 1,100 | 1,200 |
Conclusion:
I hope you got clarity on the NMDC Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ
1. What is the NMDC Share Price Target for 2024?
A: The expected price target for NMDC in 2024 is 215 to 285 per share.
2. What is the NMDC Share Price Target for 2025?
A: The expected price target for NMDC in 2025 is 280 to 350 per share.
3. What is the NMDC Share Price Target for 2027?
A: The expected price target for NMDC in 2027 is 425 to 515 per share.
4. What is the NMDC Share Price Target for 2030?
A: The expected price target for NMDC in 2030 is 670 to 750 per share.
5. What is the NMDC Share Price Target for 2035?
A: The expected price target for NMDC in 2035 is 1,100 to 1,200 per share.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for NMDC is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
