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Net Sales are expected to increase by 9.1 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 6,380 crore, according to Prabhudas Lilladher.

NMDC Q4 PAT seen up 16.9% YoY to Rs. 1,660 cr: Prabhudas Lilladher

Motilal Oswal is bullish on NMDC recommended buy rating on the stock with a target price of Rs 260 in its research report dated March 28, 2024.

Buy NMDC; target of Rs 260: Motilal Oswal

In June last year, Reuters reported that NMDC's unit Legacy Iron Ore had signed a lithium exploration pact with Australia's Hancock Prospecting Pty Ltd.

NMDC exploring lithium assets in Africa and Australia

Experts expect the momentum to sustain in the coming weeks, too, with immediate resistance at 22,500-22,600, followed by the medium-term target of 23,000, provided it holds the upward sloping resistance trendline

Experts line up top 10 trading ideas for March series as Nifty scales historic high

Prabhudas Lilladher is bullish on NMDC has recommended buy rating on the stock with a target price of Rs 261 in its research report dated February 15, 2024.

Buy NMDC; target of Rs 261: Prabhudas Lilladher

NMDC Q3 results: The country’s largest iron ore producer's profit rose 67% on a standalone basis.

NMDC Q3 net profit rises 62.6% Y-O-Y to Rs 1,469.7 crore

Traders are advised to accumulate longs in Nifty with stop-loss of 21,500 on the closing basis.

Hot Stocks: Ashoka Buildcon, Power Mech Projects, NMDC may deliver in double digits

Experts feel 21,000 is expected to be key to watch in the current week, which is full of events including interim budget, and FOMC meet outcome, while on the higher side, 21,500 is likely to be key hurdle, followed by the resistance of 21,700 levels.

As D-St goes volatile, experts line up 10 stocks to bet on in Feb

If the Nifty 50 breaks the low of this month around 21,300, the crucial support, then further correction towards 21,000 mark can't be ruled out, while 21,850 will be crucial for further upside in the 'sell on rally' market, experts said

Top 10 picks from hotlists of experts as bulls duel with bears on D-Street

Net Sales are expected to increase by 40.9 percent Y-o-Y (up 30.6 percent Q-o-Q) to Rs. 52.4 crore, according to Prabhudas Lilladher.

NMDC Q3 PAT seen up 33.6% YoY to Rs. 12.1 cr: Prabhudas Lilladher

NMDC Ltd. engages in the business of exploring and extracting various minerals including iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. It operates under the Iron Ore, and Pellets, Other Minerals, and Services segments. The company was founded on November 15, 1958 and is headquartered in Hyderabad, India.

52-Wk High	269.90
52-Wk Low	103.75

NMDC.NSE NMDC Ltd.

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