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As on 04-Dec-2023  13:05

NMDC Ltd soars 1.18%, rises for third straight session

NMDC Ltd rose for a third straight session today. The stock is quoting at Rs 184.2, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.54% on the day, quoting at 20579.05. The Sensex is at 68485.07, up 1.49%. NMDC Ltd has added around 14.87% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has added around 9.84% in last one month and is currently quoting at 7087, up 1.78% on the day. The volume in the stock stood at 74.2 lakh shares today, compared to the daily average of 146.74 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 185.6, up 1.23% on the day. NMDC Ltd is up 50.06% in last one year as compared to a 10.04% gain in NIFTY and a 5.77% gain in the Nifty Metal index.

The PE of the stock is 10.7 based on TTM earnings ending September 23.

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