NMDC Ltd spurts 1.16%, gains for third straight session

The stock is quoting at Rs 108.9, up 1.16% on the day as on 12:49 IST on the NSE. NMDC Ltd is down 10.59% in last one year as compared to a 19.9% spurt in NIFTY and a 5.88% spurt in the Nifty Metal index.

NMDC Ltd is up for a third straight session in a row. The stock is quoting at Rs 108.9, up 1.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 11745.6. The Sensex is at 38897.91, up 0.53%. NMDC Ltd has risen around 3.86% in last one month.

 

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 8.05% in last one month and is currently quoting at 3532.85, up 1.55% on the day. The volume in the stock stood at 22.71 lakh shares today, compared to the daily average of 48.3 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 108.95, up 1.02% on the day. NMDC Ltd is down 10.59% in last one year as compared to a 19.9% spurt in NIFTY and a 5.88% spurt in the Nifty Metal index.

The PE of the stock is 9.15 based on TTM earnings ending June 18.

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