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NMDC Ltd up for third straight session

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Capital Market

NMDC Ltd is quoting at Rs 111.7, up 3.33% on the day as on 12:49 IST on the NSE. The stock is up 21.68% in last one year as compared to a 11.04% spurt in NIFTY and a 18.29% spurt in the Nifty Metal index.

NMDC Ltd gained for a third straight session today. The stock is quoting at Rs 111.7, up 3.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.18% on the day, quoting at 11972.95. The Sensex is at 40608.69, down 0.16%. NMDC Ltd has risen around 0.04% in last one month.

 

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 2.59% in last one month and is currently quoting at 2564.2, down 0.59% on the day. The volume in the stock stood at 78.67 lakh shares today, compared to the daily average of 49.9 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 111.7, up 2.76% on the day. NMDC Ltd is up 21.68% in last one year as compared to a 11.04% spurt in NIFTY and a 18.29% spurt in the Nifty Metal index.

The PE of the stock is 6.74 based on TTM earnings ending September 19.

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First Published: Dec 04 2019 | 1:05 PM IST

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