NMDC Ltd rises for third straight session

NMDC Ltd is quoting at Rs 85.91, up 1.54% on the day as on 12:49 IST on the NSE. The stock is up 21.55% in last one year as compared to a 3.13% slide in NIFTY and a 41.29% slide in the Nifty Metal index.

NMDC Ltd is up for a third straight session today. The stock is quoting at Rs 85.91, up 1.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 24185.1. The Sensex is at 77293.52, down 0.32%. NMDC Ltd has gained around 2.86% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has gained around 6.87% in last one month and is currently quoting at 13172.6, up 1.22% on the day. The volume in the stock stood at 142 lakh shares today, compared to the daily average of 184.81 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 86.19, up 2.05% on the day. NMDC Ltd is up 21.55% in last one year as compared to a 3.13% slide in NIFTY and a 41.29% slide in the Nifty Metal index.

The PE of the stock is 9.94 based on TTM earnings ending June 26.

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