NMDC Steel Share Price Target 2024, 2025 to 2030

NMDC Steel is the subsidiary company of the National Mineral Development Corporation (NMDC). NMDC Steel Is Listed In both NSE and BSE. Through this post, we will know about NMDC Steel Share Price Target 2024, 2025, then 2030. This price prediction of NMDC Steel Limited Stock will be based on past performance and fundamental analysis. The Current Market Price of NMDC Steel is ₹63.90 as of 12 April 2024.

NMDC Steel Limited has given good returns to investors in the last few years. NMDC Steel Limited was listed on NSE and BSE on 20 February 2023. Nandak Steel Limited has given returns of 111.24% since its listing. NMDC Steel Limited Stock price increased from ₹31.70 to ₹63.90 in the last 1 years. The 52-week High of NMDC Steel Limited is ₹73.70 and the 52-week low is ₹31.10.

NMDC Steel Limited Overview

NMDC Steel Limited was Established in 2015. NMDC Steel Limited Is a Public Sector Company. NMDC Steel Limited is controlled by the Ministry of Steel, Government of India. NMDC Steel Limited started after the demerger from the National Mineral Development Corporation (NMDC). NMDC Steel started its first commercial production from 31 August 2023. NMDC Steel Limited has a 3 million tonne per annum(MTPA) steel plant in Nagarnar, Chhattisgarh. NMDC Steel Limited manufactures long steel products such as rails, beams, and billets. The government holds a 60.79% stake in NMDC Steel Limited.

NMDC Steel Share Price Target 2024

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NMDC Steel Share Price Target 2025

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NMDC Steel Share Price Target 2026

NMDC Steel Share Price Target 2027

NMDC Steel Share Price Target 2028

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NMDC Steel Share Price Target 2029

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NMDC Steel Share Price Target 2030

NMDC Steel Financials 2023

NMDC Steel Limited Fundamentals

NMDC Steel Limited Shareholding Pattern

Key factors to consider before investing in NMDC Steel Stocks

• Before investing in, NMDC Steel Limited Stock analyze its financial performance revenue growth, debt levels, cash flow, and net profit.
• Keep an eye on NMDC Steel Limited’s production capacity, future contracts, cost management, and Profit margins.
• Before investing in NMDC Steel Limited, keep an eye on the decisions taken by the government about regulatory changes and policies and also Government is the largest shareholder in NMDC Steel Limited so keep an eye on its shareholding pattern. This can affect the share price.
• Must consider the fundamentals of NMDC Steel Limited like price-to-earnings ratio (P/E), market valuation, price-to-book (P/B) ratio, etc.
• Before investing in NMDC Steel Limited, understand your risk and invest with proper risk management.

Conclusion

NMDC Steel Limited is a government entity due to which investors have confidence in it. Now NMDC Steel Limited is a new player in the steel market. But even then, before investing in NMDC Steel Limited, do your analysis and take expert advice Because it can be risky.

The target price of NMDC Steel Limited given above is only a guidance. We do not give any kind of buy or sell advice. The target prices of the given NMDC Steel Limited Stocks are subject to change at any time depending on the market conditions. However, TrendFriend advises you to consult your experts for any investment In NMDC Steel Limited.

FAQ’S

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SHIVAM

I am Shivam, a trader, analyst, and passionate blogger with 2 years of experience in the financial markets. Specializing in market analysis and trading strategies, I provide valuable insights aimed at helping both new and experienced traders make informed decisions. Through my blog, I share my knowledge of financial trends, helping readers understand market movements and seize opportunities with confidence. Join me on this journey to enhance your trading skills and achieve your financial goals.