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NMDC Ltd spurts 1.37%, gains for third straight session

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Capital Market

NMDC Ltd is quoting at Rs 85.3, up 1.37% on the day as on 12:59 IST on the NSE. The stock is down 22.45% in last one year as compared to a 0.99% drop in NIFTY and a 9.8% drop in the Nifty Metal index.

NMDC Ltd rose for a third straight session today. The stock is quoting at Rs 85.3, up 1.37% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 1.32% on the day, quoting at 11822.6. The Sensex is at 40310.03, up 1.39%. NMDC Ltd has added around 2.16% in last one month.

 

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has added around 2.78% in last one month and is currently quoting at 2338.9, up 1.9% on the day. The volume in the stock stood at 50.9 lakh shares today, compared to the daily average of 56.95 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 85, up 1.07% on the day. NMDC Ltd is down 22.45% in last one year as compared to a 0.99% drop in NIFTY and a 9.8% drop in the Nifty Metal index.

The PE of the stock is 8.64 based on TTM earnings ending June 20.

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First Published: Nov 03 2020 | 1:05 PM IST

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