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NMDC Ltd soars around 2%

Capital Market 

NMDC Ltd is quoting at Rs 114.85, up 2.04% on the day as on 12:54 IST on the NSE. The stock is up 18.28% in last one year as compared to a 5.69% jump in NIFTY and a 11.82% jump in the Nifty Metal index.

NMDC Ltd is up for a third straight session today. The stock is quoting at Rs 114.85, up 2.04% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 11634.05. The Sensex is at 39061.92, up 0.42%. NMDC Ltd has gained around 8.35% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has gained around 0.66% in last one month and is currently quoting at 2823, up 0.66% on the day. The volume in the stock stood at 20.15 lakh shares today, compared to the daily average of 45.29 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 114.65, up 1.82% on the day. NMDC Ltd is up 18.28% in last one year as compared to a 5.69% jump in NIFTY and a 11.82% jump in the Nifty Metal index.

The PE of the stock is 7.42 based on TTM earnings ending March 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 16 2019. 13:05 IST
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