NMDC Ltd
NMDC

105.30

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

105.20

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

103.70

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(Contracts)
VWAP ()
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Reduce
Reco. Price
Rs 104.00

Last updated on 15-Sep-2016

We recommend REDUCE on the stock as we expect competitive forces and the skew in revenue mix to constrain profitability. Consequently, FY17E PAT is seen down 4% in FY17E. The stock is currently trading at FY17E P/E multiple of 14.9x and EV/EBITDA of 5.7x. (Target Price - Rs95)   NMDC .. More
50 DMA (.)
102.91
100 DMA (.)
97.36
200 DMA (.)
93.94
Weekly Range (.)
101.10
106.75
Monthly Range (.)
100.15
116.70
52 Weeks Range (.)
75.15
116.70
Detailed Chart