Trending stocks: NMDC share price down 1% as Nifty plunges

NEW DELHI: Shares of NMDC Ltd. traded 1.19 per cent down in Wednesday 's trade at 11:25 am.

Around 1693942 shares changed hands on the counter. The stock opened at Rs 79.0 and touched an intraday high and low of Rs 81.9 and Rs 78.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 139.2 and a 52-week low of Rs 62.65 .


The state-run miner said it has made an advance royalty payment Rs 200 crore to the Chhattisgarh government to help the state fight coronavirus pandemic.

Financials
NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 24494.80 Crore) operating in Mining sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 3006.38 Crore, up 34.11 % from last quarter Sales of Rs 2241.76 Crore and down -17.62 % from last year same quarter Sales of Rs 3649.44 Crore Company has reported net profit after tax of Rs 1374.97 Crore in latest quarter.

NMDC Ltd. key Products/Revenue Segments include Iron Ore which contributed Rs 11997.98 Crore to Sales Value (98.72 % of Total Sales), Pellet which contributed Rs 76.52 Crore to Sales Value (0.62 % of Total Sales), Diamonds which contributed Rs 38.86 Crore to Sales Value (0.31 % of Total Sales), Sale of services which contributed Rs 32.34 Crore to Sales Value (0.26 % of Total Sales), Power which contributed Rs 5.51 Crore to Sales Value (0.04 % of Total Sales), Sponge Iron which contributed Rs .94 Crore to Sales Value (0.00 % of Total Sales) and Other Operating Revenue which contributed Rs .52 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 69.64593 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 3006.38 crore and net profit of Rs 1374.97 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 5.25 and price to book value of 0.95 .