- NMDC’s net income for the first quarter reached 19.8 billion rupees, up 20% year-over-year.
- This figure surpasses the estimated net income of 16.86 billion rupees.
- The company’s revenue for the quarter stood at 53.8 billion rupees, slightly down by 0.2% year-over-year.
- This revenue figure did not meet the market’s estimate of 55.27 billion rupees.
- Total costs for the quarter were 31.1 billion rupees, a decrease of 10% from the previous year.
- Analyst ratings for NMDC include 12 buys, 2 holds, and 8 sells.
A look at Nmdc Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have evaluated NMDC Ltd utilizing their Smart Scores framework to provide insights into the long-term outlook for the company. NMDC Ltd has received favorable scores across various factors, with high scores in Dividend, Resilience, and Momentum. This indicates that the company is performing well in terms of providing dividends to its investors, demonstrating resilience in challenging economic conditions, and showing strong momentum in its operations.
Moreover, NMDC Ltd has also received a solid score in the Value category, suggesting that the company is considered to be undervalued based on certain metrics. However, the Growth score is average, indicating that there may be opportunities for the company to improve its growth prospects moving forward. With a diversified portfolio that includes exploration for various minerals such as iron ore, copper, and others, NMDC Ltd seems well-positioned to leverage its strengths and capitalize on potential opportunities in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
