- NMDC reported June sales of 3.73 million tons, a 9% decrease from last year.
- Production in June was recorded at 3.37 million tons, which is down by 3.2% compared to the previous year.
- Despite the decline in sales and production, NMDC shares rose by 2.3%, reaching 251.60 rupees.
- A total of 24.4 million NMDC shares were traded.
- Analyst recommendations for NMDC include 12 buys, 2 holds, and 8 sells.
- Yearly comparisons are based on the company’s originally disclosed values.
A look at Nmdc Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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 evaluating the long-term outlook for NMDC Ltd have noted promising scores across several key factors as per Smartkarma Smart Scores. The company excels in areas such as dividends and resilience, scoring a strong 5 in both categories. This indicates a high level of stability and consistent dividend payouts which are attractive to investors seeking reliable returns.
Furthermore, NMDC Ltd also scored well in momentum, demonstrating a positive growth trajectory for the company. While the value and growth scores stand at a respectable 3, suggesting room for improvement in these areas, the overall outlook for NMDC Ltd appears solid based on its current performance across these crucial metrics.
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.
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