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NMDC Share Price Target 2024, 2025, 2027, 2030, 2040

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If you think about which share will be best for investment in recent times then you should know about NMDC Share Price Target. Today in our blog we will explain the basic idea about NMDC Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

NMDC Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand NMDC Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at NMDC Share Price Target 2024 to 2040.

What Is NMDC Limited Company?

NMDC Limited is commonly known as the National Mineral Development Corporation which is involved in the exploration of copper, limestone, diamond, coal, graphite, tin, etc. The company was established in 1958. The company is India’s largest iron ore producer. The company’s headquarters is situated in Hyderabad.

Overview Of NMDC Limited Company

NMDC Company has 3 mechanized mines in Chhattisgarh and Karnataka and produces more than 35 million tonnes of iron ore. NMDC Company is the only mechanized diamond mine operating in the country which is situated at Panna in Madhya Pradesh. NMDC company has a greenfield (3 MTPA) which is Nagarnar Steel plant-based.

Company NameNMDC Limited
Market Cap₹68,528.99 Crore
P/B2.78
52 Week High₹288.96
52 Week Low₹110.90
Book Value₹87.56
Face Value₹1
DIV. YIELD3.15%

History Of NMDC Share Price Target 2024 to 2040

NMDC Share is a bullish trend in the share market. NMDC Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 month’s share growth was +21.33 (10.06%), the last 1 year’s share growth was +122.05 (109.92%), and the last 5 year’s share growth was +121.76 (109.46%). The last 1 month’s share growth declined to -31.07 (-11.77%).

NMDC Share Price Chart

The NMDC share price return amount was -5.95% in the last 3 months, the last 1 year’s share price return amount was 110.23%, the last 3 years’ share price return amount was 34.50% and the last 5 years’ share price return amount was 109.10%. NMDC Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable long-term.

Also Read – Shyam Metalics Share Price Target

NMDC Share Price Target 2024

NMDC Company is a Navratna Company under the ministry of steel. The company’s major production units are Bailadila, Donimalai Chhattisgarh, and Karnataka from which the company produces more than 40 MTPA iron ore. In the financial year 2022, the company’s production capacity increased by 25% which is 422.89 LT, the sales percentage also increased by 22% which is 406.65 LT and the operating revenue of the company increased by 69% which is ₹26885 Crore.

YearNMDC Share Price Target 2024
1st Price Target225
2nd Price Target370.53

The total revenue amount was ₹18,569.98 Crore in March 2023 which became ₹22,798.56 Crore in March 2024. The total operating revenue amount was ₹17,789.58 Crore in March 2023 which became ₹21,968.56 Crore in March 2024. If we look at NMDC Share Price Target 2024, the 1st Price Target is ₹225 and the 2nd Price Target is ₹370.53.

NMDC Share Price Target 2025

The PBT percentage of the company also increased by 47% the amount is ₹1356 Crore. The company’s production capacity is IRON ORE which is Doni Fines 10 mm with Fe 64%, Balia lump 6.4 mm to 40 mm size with Fe 65.5%, and Baila ROM (10 mm to 150 mm size) with Fe 65.5%. The PAT percentage of the company also increased to 50% which is ₹9425 Crore.

YearNMDC Share Price Target 2025
1st Price Target410.56
2nd Price Target560.36

The profit growth of the company decreased day by day. The last 5 years profit growth was 7.80% which increased to 15.89% in the last 3 years and in the last 1 year it decreased to -42.23%. The company’s net profit growth was ₹9,523.25 Crore in March 2022 which decreased to ₹5,523.56 Crore in March 2024. If we look at NMDC Share Price Target 2025, the 1st Price Target is ₹410.56 and the 2nd Price Target is ₹560.36.

NMDC Share Price Target 2027

From Uttar Pradesh State Mineral Development Corporation Milited the NMDC Limited company has taken over verification projects for silica sand mining. The plant is becoming high-purity silica sand with a capacity of 300,000 tonnes per year which is used as the raw material for producing sheet glass/float. The ROCE percentage of the company increased by 73% in the year 2022 compared to the year 2021.

YearNMDC Share Price Target 2027
1st Price Target805.36
2nd Price Target980.36

The sales growth of the company is not very good. The last 5 years’ sales growth was 8.96% which increased to 15.56% in the last 3 years and in the last 1 year it decreased to -32.25%. The net sales growth was ₹5,502.56 Crore in March 2023 which became ₹6,528.96 Crore in March 2024. If we look at NMDC Share Price Target 2027, the 1st Price Target is ₹805.36 and the 2nd Price Target is ₹980.36.

Also Read – Vibhor Steel Tubes Share Price Target

NMDC Share Price Target 2030

The company established a joint venture with Indian Rare Earths Limited and the Mineral Development Corporation of Andhra Pradesh to develop Bheeumipatnam Beach Sand. For this project, the company also build up a mineral separation plant for ilmenite concentrate, a conversation of ilmenite into pig iron, synthetic rutile, TiO2 producing by-products.

YearNMDC Share Price Target 2030
1st Price Target1524.89
2nd Price Target1625.87

As the company is an ancient company with a good market value, the company’s promoter holding capacity is 60.80%, which means many good investors want to invest in the share. The ROE percentage of the company is also perfect. The last 5 years’ ROE was 25.12% which increased to 29.86% in the last 3 years and the previous 1 year became 28.23%. If we look at NMDC Share Price Target 2030, the 1st Price Target is ₹1524.89 and the 2nd Price Target is ₹1625.87.

NMDC Share Price Target 2040

The company’s turnover ratio was ₹15,563.25 Crore in the year 2021 which became ₹25,989 Crore in the year 2022. The EBITDA amount of the company was ₹9256 Crore in the year 2021 which became ₹13406 Crore in the year 2022.

YearNMDC Share Price Target 2040
1st Price Target3,256.75
2nd Price Target3,369.85

The ROCE Percentage of the company is increased. The last 5 years’ share growth was 34.23% which increased to 39.23% and in the last 1 year it decreased to 37.25%. The total expenditure amount was ₹3,425.89 Crore in March 2023 which became ₹4,523.56 Crore in March 2024. If we look at NMDC Share Price Target 2024, the 1st Price Target is ₹3,256.75 and the 2nd Price Target is ₹3,369.85.

Peer’s Company of NMDC Limited

  • Aanchal Ispat
  • Adishakti Loha
  • Aditya Ispat
  • APL Apollo

Investors Types And Ratio Of NMDC Limited

There are mainly Four main Types of Investors in NMDC Limited. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. NMDC Limited Company’s promoter holding capacity is 60.20%.

Public Holding

Public Investors are individuals who invest in the public market profit in the future (large and small companies). NMDC Limited Company’s public holding capacity is 12.90%.

NMDC Share Investors

FII

Foreign Institutional Investors are those big companies that invest in different countries company. Bajaj NMDC Limited Company’s FII is 12.60%.

DII

Domestic Institutional Investors (like Insurance, companies, and mutual funds) who invest in their own country. NMDC Limited Company’s DII is 14.30%.

Advantages and Disadvantages Of NMDC Share

Every share has some advantages and some disadvantages also. So, the NMDC Share Price Target also has some advantages and disadvantages described below.

Advantages

  • The company has a small amount of debt and the interest cover ratio of the company is good which is 103.25 which is a very good side for the company’s growth.
  • The company maintains a healthy ROE percentage which is 29.86% in the last 3 years.
  • The ROCE ratio percentage of the company is also good which is 39.23% in the last 3 years.
  • The promoter holding capacity of the company is good which is 60.80%.
  • The company’s net cash flow amount also increasing.

Disadvantages

  • The company has a poor profit growth which is 15.89% in the last 3 years.
  • The revenue growth of the company is low which is 14.75%.

Also Read – ONGC Share Price Target

FAQ

Who is the owner of MNDC Company?

MNDC is a fully Government-owned company.

Should I invest in NMDC Share right now?

The last 6 months’ share growth of the company was 46.16%, the last 1 year’s share price return amount was 147.12%, the company has good market value the promoter holding capacity is good. If anyone wants to invest in the share it will be profitable on a long-term basis.

What is the MNDC Share Price Target for 2024?

The MNDC Share Price Target for 2024 is ₹225 to ₹370.53.

What is the MNDC Share Price Target for 2025?

The MNDC Share Price Target for 2025 is ₹410.56 to ₹560.36.

What is the MNDC Share Price Target for 2027?

The MNDC Share Price Target for 2027 is ₹805.36 to ₹980.36.

What is the MNDC Share Price Target for 2028?

The MNDC Share Price Target for 2028 is ₹1025 to ₹1130.89.

What is the MNDC Share Price Target for 2030?

The MNDC Share Price Target for 2030 is ₹1524.89 to ₹1625.87.

What is the MNDC Share Price Target for 2040?

The MNDC Share Price Target for 2040 is ₹3,256.75 to ₹3,369.85.

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the NMDC Share Price Target. By doing the research and taking advice from the experts we ensure that on a long-term basis, NMDC Share Price Target may reach a very high position. NMDC is mainly related to the Mining Ore Sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.

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