Trending stocks: NMDC shares down nearly 3%

NEW DELHI: Shares of NMDC traded 2.73 per cent down in Tuesday 's trade at 10:40AM (IST).

Around 4457286 shares changed hands on the counter. The stock opened at Rs 76.0 and touched an intraday high and low of Rs 76.0 and Rs 73.8 , 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 .


State-owned miner NMDC on Monday resumed construction activity of its first steel plant coming up at Nagarnar in Chhattisgarh.

Financials
NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 23606.86 Crore) operating in Mining sector.

For the quarter ended 31-12-2019, the company 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. The Company 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.

Promoter holding
Promoters held 69.64593 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 4.87 and price to book value of 0.88 .