NMDC Ltd soars 2.86%\, up for third straight session

NMDC Ltd soars 2.86%, up for third straight session

Capital Market 

NMDC Ltd is quoting at Rs 97, up 2.86% on the day as on 12:54 IST on the NSE. The stock is down 9.35% in last one year as compared to a 2.82% gain in NIFTY and a 23.6% gain in the Nifty Metal index.

NMDC Ltd rose for a third straight session today. The stock is quoting at Rs 97, up 2.86% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 11365.1. The Sensex is at 38794.09, up 1%. NMDC Ltd has dropped around 16.67% in last one month.

Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has dropped around 14.15% in last one month and is currently quoting at 2304.3, up 0.18% on the day. The volume in the stock stood at 59.25 lakh shares today, compared to the daily average of 77.9 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 96.3, up 2.77% on the day. NMDC Ltd is down 9.35% in last one year as compared to a 2.82% gain in NIFTY and a 23.6% gain in the Nifty Metal index.

The PE of the stock is 6.12 based on TTM earnings ending December 19.

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First Published: Thu, March 05 2020. 13:05 IST