NMDC Share Price Down by 5%; BSE 500 Index Up 0.8%
Wed, 11 Nov 10:38 AM

NMDC share price has plunged 5% and is presently trading at Rs 92.

Meanwhile, the BSE 500 Index is at 16,471 (up 0.8%).

Among the top losers in the BSE 500 Index today are NMDC (down 5.1%) and P&G HYGIENE (down 5.2%).

BAJAJ HOLDINGS & INVESTMENT (up 6.5%) and APOLLO HOSPITALS (up 5.9%) are among the top gainers today.

Over the last one year, NMDC has moved down from Rs 104 to Rs 92, registering a loss of Rs 11 (down 10.9%)..

The BSE 500 has moved up from 15,391 to 16,471, registering a gain of 1,080 points (up 7.0%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 857.6%), LAURUS LABS (up 262.7%) and DIXON TECHNOLOGIES (up 228.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 43,708 (up 0.7%). The top gainers among the BSE Sensex stocks today are SBI (up 2.8%). The most traded stocks in the BSE Sensex are ITC and SBI.

In the meantime, NSE Nifty is at 12,770 (up 0.8%). HERO MOTOCORP (up 4.1%) and HINDALCO (up 3.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,345 to 43,708, registering a gain of 3,363 points (up 8.00%).

NMDC Financial Update...

NMDC net profit down at Rs 4 billion for the quarter ended March 2020, compared to a loss of Rs 14 billion a year ago. Net Sales rose 6.0% to Rs 31.9 billion during the period as against Rs 30.1 billion in January-March 2019.

For the year ended March 2019, NMDC reported 26.7% increase in net profit to Rs 46.4 billion compared to net profit of Rs 36.6 billion during FY18.

Revenue of the company grew 4.6% to Rs 122 billion during FY19.

The current Price to earnings ratio of NMDC, based on rolling 12 month earnings, stands at 7.6x.



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