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NMDC Ltd up for third straight session     Back
(21 May 2024)

NMDC Ltd gained for a third straight session today. The stock is quoting at Rs 285.2, up 1.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 22557.9. The Sensex is at 74083.23, up 0.1%. NMDC Ltd has gained around 19.93% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has gained around 11.4% in last one month and is currently quoting at 9608.8, up 3.54% on the day. The volume in the stock stood at 88.25 lakh shares today, compared to the daily average of 149.24 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 285, up 1.89% on the day. NMDC Ltd is up 171.23% in last one year as compared to a 23.17% jump in NIFTY and a 71.61% jump in the Nifty Metal index.

The PE of the stock is 14.2 based on TTM earnings ending December 23.

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