NMDC Steel Share Price Target 2025, 2026, and 2030
NMDC Steel Ltd., a newly formed stock exchange, has been trading consistently over the fifty rupee threshold since mid-December 2023. There have been ups and downs for the stock, even though not many investors have gained money from transactions made on the exchange. The Indian government owns 60.8% of NMDC steel share price prediction 2025 , which is supervised by the Ministry of Steel.
In addition to reviewing NMDC Steel's quarterly financial results, this article will outline the company's 2025 share price goal.
NMDC Steel Latest News
The target price for NMDC steel shares. The current stock exchange loss is 1.89%, which is not a significant sum. Despite being a newbie to the stock market, NSL NISP NSE stock has performed well for its investors during the last six months of trading on the National Stock Exchange.
NMDC Steel Ltd. and the University of Hyderabad signed a deal earlier in March with the goal of developing a technology that would enable low-grade iron ore mines to be directly employed in the ironmaking process, as well as bringing green steel to reality. Apart from this, the partnership has concentrated on investigating other technical domains and developing a method to mine waste utilization.
NMDC Steel Latest News
The NSE's target price for NMDC Steel's shares is somewhat lower by 1.89 percent. After a half-year of trading on the NSE, NMDC Steel, a recent entry to the stock market, has seen positive returns for its shareholders.
NMDC Steel Ltd and the University of Hyderabad inked a contract in March of this year to collaborate on the creation of green steel and to create a technology that would allow them to directly use low-grade iron ore deposits for the production of iron. The agreement also covered the exploration of other technical fields and the development of a technique for the use of mining waste.
NMDC Steel Share Price Target 2021-23
| Year | Maximum Target | MinimumTarget |
| 2021 | ||
| 2022 | ||
| 2023 | Rs 57.45 | Rs 31.05 |
(NMDC steel share price prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)NMDC Steel Share Price Target 2024
| Month (2024) | Maximum Target | MinimumTarget |
| January | ||
| February | ||
| March | ||
| April | ||
| May | Rs 66.72 | Rs 52.21 |
| June | Rs 73.70 | Rs 51.60 |
| July | Rs 79.80 | Rs 51.21 |
| August | Rs 81.89 | Rs 61.22 |
| September | Rs 87.89 | Rs 61.35 |
| October | Rs 91.90 | Rs 61.30 |
| November | Rs 98.00 | Rs 61.31 |
| December | Rs 109.01 | Rs 71.32 |
(Expert Advice is recommended before making any investment-related commitment)
NMDC steel share price target 2025
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 116.11 | Rs 71.48 |
| February | Rs 126.22 | Rs 81.42 |
| March | Rs 132.22 | Rs 81.46 |
| April | Rs 139.33 | Rs 81.44 |
| May | Rs 145.14 | Rs 91.55 |
| June | Rs 157.44 | Rs 91.55 |
| July | Rs 163.54 | Rs 91.55 |
| August | Rs 168.65 | Rs 91.56 |
| September | Rs 175.65 | Rs 101.66 |
| October | Rs 186.76 | Rs 101.66 |
| November | Rs 194.86 | Rs 101.67 |
| December | Rs 200.87 | Rs 101.67 |
(Expert Advice is recommended before making any investment-related commitment)
NMDC Steel Share Price Target 2026 to NMDC steel share price target 2030
| Year | Maximum Target | Minimum Target |
|---|---|---|
| 2026 | Rs 295.03 | Rs 121.70 |
| 2027 | Rs 386.04 | Rs 145.28 |
| 2028 | Rs 475.49 | Rs 168.20 |
| 2029 | Rs 568.25 | Rs 199.20 |
| 2030 | Rs 695.00 | Rs 225.01 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitmentNSLNISP: NSE Financials 2023NMDC Steel Market Capitalisation: 18,272.33 Crores INRNMDC Steel Reserves and Borrowings: 22,039.24 Cr INR and 0.00 Cr INR (March 2023) RespectivelyNMDC Steel 52 Week High-Low: Rs 73.25 – Rs 36.10NMDC Steel Ltd Financials Q4 FY23
| Revenue | 9.26 Billion INR | |
| Operating expense | 7.17 Billion INR | |
| Net Income | -5.68 Million INR | |
| Net Profit Margin | -61.39 | |
| Earnings Per Share | ||
| EBITDA | -5.98 Billion INR | |
| Effective Tax Rate | 24.54% | |
| Total Assets | ||
| Total Liabilities | ||
| Total Equity | 169.17 Billion INR | |
| Return on assets | ||
| Return on Capital | -7.18% | |
| P/E Ratio | ||
| Dividend Yield |
NMDC Steel LTD Competitors (Market Cap: 18,272.24 crores INR)
- JSW Steel Market Cap: 215,737.95 crores INR
- Tata Steel Market Cap: 205,978.27 crores INR
- Hindalco Market Cap: 144,810.63 crores INR
- Jindal Steel Market Cap: 94,832.49 crores INR
Points to consider before investing in NMDC Steel NSE Stock
NMDC steel share price target 2025 is a relatively new stock on the stock exchange when compared to the heavyweights of the steel industry. NMDC Steel Ltd.'s market value is already on par with well-known major companies like TATA Steel, JSW Steel, and Hindalco, despite the company's recent incorporation in 2021. NMDC Steel has a market valuation of over Rs 18,000 crores, and it is well-positioned to grow even more. The main objective of the NFL ISP company is to raise its market capitalization to around Rs 50,000 crores. However, it will be challenging for NMDC Steel Ltd. to develop in terms of both operational effectiveness and commercial growth considering how extremely competitive the Indian steel industry is.
Amitva Mukherjee, Chairman and MD of NMDC steel share price prediction 2030 , stated in a statement that the steel manufacturer expects to break even as early as Q1, FY25. In January 2024, NMDC Steel Ltd. expanded at a rapid pace to reach one lakh tonne. Its new capacity, which ranges from 63,000 to 65,000 tons, is an increase of almost 50%. A daily production volume of roughly 5,000 coils is the target since it will enable the business to break even.
The revenue for Q4 of FY23 was Rs 9.26 billion, compared to Q3 of FY23's revenue of Rs 2.77 billion, as per NMDC's quarterly reports. In Q2 of FY23, NMDC Steel brought in $1.39 billion in revenue. This implies that the steel production company is expanding at a sound pace. However, its net income for these quarters tells the true story. NMDC Steel's net income has been decreasing even though it has been increasing; in Q2 FY23, it was Rs -655.50 million; in Q3 FY23, it was Rs -1.31 billion; and in Q4 FY23, it was Rs -5.68 billion.
NMDC Steel India's Quarterly Results show that the steel manufacturer has faced challenges over the past four quarters. Nevertheless, it has shown a notable advancement. The company's net income grew 100% year over year to Rs 2.09 million from Rs -36.48 million at the start of the fiscal year 2023, according to NMDC Steel India Limited's Q4FY23 numbers. This sums up this steel company's operational efficacy for the quarter.
Conclusion
The share price history of NMDC Steel on the stock exchange is a little dated. NSL NISP NSE's value has increased since it was listed on the National Stock Exchange in February 2023. It is currently trading at Rs 64.75 a share, up from its initial pricing of Rs 31 per share in February. On February 2, 2024, the share price of NMDC Steel hit its peak, trading at Rs 70.90. The stock has not moved since then. Its performance on the stock exchange can't have left investors all that unhappy, since the new kid on the block is still making tons of money. According to Mr. Amitva Mukherjee, we want to break even on profitability in the first half of 2025.
Still, it is expected that the NSE's NMDC Steel Share Price Target will climb more in the next years, so potential investors would want to take advantage of this big chance. However, investors—especially rookie ones—are encouraged to seek expert assistance in order to avoid risk factors such as market volatility and unintentional accidents.
India Property Dekho advises a thorough examination and assessment of the stock and risk factors involved.
