NMDC Share Price Update for Today

As of today, September 23, 2024, the share price of NMDC Limited on the National Stock Exchange (NSE) is ₹222.98, and on the Bombay Stock Exchange (BSE) is ₹214.28. The stock has seen a range of ₹222.20 to ₹226.71 during the trading day. NMDC has performed well over the past year, gaining over 43%, though the stock has recently faced a 22.22% decline over the past three months.

Key Financial Metrics:

  • 52-Week Range: ₹140.65 – ₹286.35
  • Price to Earnings (P/E) Ratio: 10.57
  • Price to Book (P/B) Ratio: 2.26
  • Dividend Yield: 3.41%
  • Return on Equity (ROE): 23.6%

NMDC, a government-owned company, is a major iron ore producer in India, with significant operations in Chhattisgarh and Karnataka. Its iron ore production and mining activities play a key role in its financial stability, contributing heavily to its revenue and profit growth in recent years.

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