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NMDC Ltd soars 1.3%

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Capital Market

NMDC Ltd is quoting at Rs 124.85, up 1.3% on the day as on 12:49 IST on the NSE. The stock is up 33.32% in last one year as compared to a 13.33% spurt in NIFTY and a 3.19% spurt in the Nifty Metal index.

NMDC Ltd is up for a third straight session in a row. The stock is quoting at Rs 124.85, up 1.3% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.07% on the day, quoting at 12338.2. The Sensex is at 41868.65, up 0.02%. NMDC Ltd has risen around 8.66% in last one month.

 

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 11.58% in last one month and is currently quoting at 2874.1, up 0.59% on the day. The volume in the stock stood at 32.9 lakh shares today, compared to the daily average of 75.92 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 124.55, up 1.01% on the day. NMDC Ltd is up 33.32% in last one year as compared to a 13.33% spurt in NIFTY and a 3.19% spurt in the Nifty Metal index.

The PE of the stock is 7.68 based on TTM earnings ending September 19.

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First Published: Jan 14 2020 | 1:05 PM IST

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