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NMDC Ltd soars 2.23%, rises for third straight session

NMDC Ltd is quoting at Rs 82.55, up 2.23% on the day as on 12:59 IST on the NSE. The stock is down 19.23% in last one year as compared to a 1.5% gain in NIFTY and a 5.39% gain in the Nifty Metal index.

NMDC Ltd rose for a third straight session today. The stock is quoting at Rs 82.55, up 2.23% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 11760.15. The Sensex is at 39980.6, up 0.63%. NMDC Ltd has dropped around 6.41% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has dropped around 3.48% in last one month and is currently quoting at 2240.95, up 1.79% on the day. The volume in the stock stood at 27.41 lakh shares today, compared to the daily average of 72.48 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 82.85, up 2.28% on the day. NMDC Ltd is down 19.23% in last one year as compared to a 1.5% gain in NIFTY and a 5.39% gain in the Nifty Metal index.

The PE of the stock is 8.28 based on TTM earnings ending June 20.

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