- NMDC’s July sales increased by 5.2% year-over-year.
- Sales for July 2024 reached 3.06 million tons, compared to 2.91 million tons in July 2023.
- Production in July 2024 was 2.17 million tons, which is an 11% decrease year-over-year.
- Analyst recommendations 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
The long-term outlook for NMDC Ltd appears promising based on the Smartkarma Smart Scores which evaluate different aspects of the company. With strong scores in Dividend, Resilience, and Momentum, NMDC Ltd is positioned well for future growth and stability. The company’s focus on value creation, evidenced by its high Value score, further reinforces its potential for long-term success.
As an exploration company delving into a wide range of minerals including iron ore, copper, and limestone, NMDC Ltd shows diversity in its operations. With solid scores in key areas such as Dividend and Resilience, the company demonstrates a commitment to providing returns to investors and weathering market challenges. Coupled with a positive Momentum score, NMDC Ltd is poised to capitalize on opportunities for growth and development in the long run.
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
