- NMDC’s sales for March were recorded at 3.96 million tons.
- The production for the same period was slightly higher at 4.86 million tons.
- The company’s shares experienced a 5.4% increase, reaching 212.60 rupees.
- A significant number of shares were traded, specifically 19.9 million.
- The company’s stock received mixed reviews with 9 buys, 4 holds, and 7 sells.
A look at Nmdc Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
According to Smartkarma Smart Scores, the long-term outlook for Nmdc Ltd is looking positive. With an overall score of 3 out of 5, the company is showing promising signs in terms of value and dividend. This means that Nmdc Ltd is performing well in terms of its financials and is providing good returns to its shareholders.
In addition, Nmdc Ltd has also received a score of 5 for resilience, indicating that the company is well-equipped to withstand any potential challenges in the future. This is an important factor for investors to consider as it shows the stability and strength of the company.
While Nmdc Ltd has received a score of 3 for both growth and momentum, it is still a decent score and suggests that the company is steadily moving towards long-term growth. Overall, Nmdc Ltd is a company that explores for various minerals such as iron ore, copper, and diamond, among others. With its positive scores on Smartkarma, it is definitely a company to keep an eye on for potential investment opportunities.
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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