NMDC Ltd is a public sector corporation under the Ministry of Steel of the Government of India, engaged in the exploration and production of iron ore, rock phosphate, copper, limestone, diamond, dolomite, magnesite, gypsum, bentonite, tin, graphite, tungsten, etc.
Whether or not NMDC is an effective investment depends on a variety of factors and these include the company's financial performance, global demand for commodities, market trends, competition within the industry, and other general macroeconomic factors.
The EPS for the stocks of NMDC is 17.57 as of 24 April 2023.
The following are the main shareholders of NMDC as of 24 April 2023:
The ROI (return on investment) for stocks in NMDC is -8.41% for 1 year and +102.19% for 3 years as of 24 April 2023.
NMDC Ltd, the largest producer of iron ore by volume in India, is involved in the exploration of a variety of minerals comprising iron ore, rock phosphate, copper, limestone, gypsum, dolomite, bentonite, diamond, magnesite, tin, graphite, beach sands, etc. The firm’s main operations include three iron ore complexes for mining at Kirandul and Bacheli in Chhattisgarh, and Donimalai in Karnataka. Each of these consists of a number of iron ore mines.
The main metrics to evaluate NMDC could potentially include the following:
NMDC Ltd profitability has fluctuated over time, according to several factors like the prices of iron ore, production volume, and demand on a global level.
In March 2019, the net profit of NMDC Ltd was at Rs. 4637.07 crores. This went up to Rs. 9391.31 crores in March 2022.