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NMDC Ltd rises for third straight session

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Capital Market

The stock is quoting at Rs 116, up 1% on the day as on 12:49 IST on the NSE. NMDC Ltd is down 11.21% in last one year as compared to a 0.63% jump in NIFTY and a 12.69% jump in the Nifty Metal index.

NMDC Ltd is up for a third straight session today. The stock is quoting at Rs 116, up 1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 10517.35. The Sensex is at 34897.61, down 0.33%. NMDC Ltd has gained around 7.11% in last one month.

 

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has gained around 3.32% in last one month and is currently quoting at 3439.25, up 0.32% on the day. The volume in the stock stood at 9.66 lakh shares today, compared to the daily average of 28.03 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 116.2, up 0.96% on the day. NMDC Ltd is down 11.21% in last one year as compared to a 0.63% jump in NIFTY and a 12.69% jump in the Nifty Metal index.

The PE of the stock is 9.75 based on TTM earnings ending June 18.

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First Published: Nov 05 2018 | 1:05 PM IST

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