Buy NMDC, target Rs 150: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on NMDC with a target price of Rs 150.

The current market price of NMDC is Rs 140.15.

Time period given by the analyst is intraday when NMDC price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 134.

NMDC, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 44,341.92 Crore) operating in Mining sector.

The company’s top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.Ashok Kumar Angurana, Mr.Bahram Navroj Vakil, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.

Company has Tej Raj & Pal as its auditors.

As on 30-09-2017, the company has a total of 3,163,890,474 shares outstanding.