NMDC Steel Share Price Target 2024, 2025, 2030 to 2040

NMDC Steel Share Price Target 2024, 2025 to 2030
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NMDC Steel Share Price Target: NMDC Steel is a group company of National Mineral Development Corporation. NMDC Steel Company is listed on both Indian Stock Exchanges NSE and BSE.

Through this article today we will know in detail about NMDC Steel share price target 2024, 2025, 2030 and 2040. We will predict the share price of NMDC Steel Limited based on the past performance and fundamental analysis of the company so far. The current market value of NMDC Steel as of 05 June 2024 is 57.50.

Since the company separated from NMDC, NMDC Steel Limited has given good returns to its investors in a few years. NMDC Steel Limited Company was listed on the National Stock Exchange (NSE) and Mumbai Stock Exchange (BSE) on 20 February 2023.

NMDC Steel Limited has given a return of 79.97% since its listing on the stock exchange. The share price of NMDC Steel Limited has increased from ₹ 31.95 to ₹ 57.50 in 1 year. The 52-week high of NMDC Steel Limited is ₹ 73.70 and the 52-week low is ₹ 39.15 so far.

About NMDC Steel Limited

NMDC Steel Limited was established in 2015. NMDC Steel Limited is a public sector company of the Government of India. The entire control of NMDC Steel Limited lies with the Ministry of Steel, Government of India. NMDC Steel Limited got its original identity when it separated from its patent company (NMDC). We its first production on 31 August 2023. 

NMDC Steel Share Price Target 2024

The share price of NMDC Steel Limited may Ups & Down. According to our analysis levels, the minimum price of NMDC Steel Limited share in 2024 can be ₹67.10 and the maximum price can be ₹80.20.

Month Wise (Year 2024) Target Price
NMDC Steel Target (June 2024) ₹67.10
NMDC Steel Target (July 2024) ₹69.50
NMDC Steel Target (August 2024) ₹70.30
NMDC Steel Target (September 2024) ₹72.15
NMDC Steel Target (October 2024) ₹75.25
NMDC Steel Target (November 2024) ₹77.10
NMDC Steel Target (December 2024) ₹80.20

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NMDC Steel Share Price Target 2025

The share price of NMDC Steel Limited may Ups & Down. According to our analysis levels, the minimum price of NMDC Steel Limited share in 2025 can be ₹82.40 and the maximum price can be ₹103.95.

Month Wise (Year 2025) Target Price
NMDC Steel Target (January 2025) ₹82.40
NMDC Steel Target (February 2025) ₹84.55
NMDC Steel Target (March 2025) ₹85.40
NMDC Steel Target (April 2025) ₹87.60
NMDC Steel Target (May 2025) ₹89.15
NMDC Steel Target (June 2025) ₹93.50
NMDC Steel Target (July 2025) ₹95.75
NMDC Steel Target (August 2025) ₹98.15
NMDC Steel Target (September 2025) ₹100.15
NMDC Steel Target (October 2025) ₹102.45
NMDC Steel Target (November 2025) ₹104.70
NMDC Steel Target (December 2025) ₹103.95

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NMDC Steel Share Price Target 2026

The share price of NMDC Steel Limited may Ups & Down. According to our analysis levels, the minimum price of NMDC Steel Limited share in 2026 can be ₹105.60 and the maximum price can be ₹129.30.

Month Wise (Year 2026) Target Price
NMDC Steel Target (January 2026) ₹105.60
NMDC Steel Target (February 2026) ₹108.80
NMDC Steel Target (March 2026) ₹107.50
NMDC Steel Target (April 2026) ₹110.20
NMDC Steel Target (May 2026) ₹112.60
NMDC Steel Target (June 2026) ₹115.60
NMDC Steel Target (July 2026) ₹118.10
NMDC Steel Target (August 2026) ₹121.33
NMDC Steel Target (September 2026) ₹122.68
NMDC Steel Target (October 2026) ₹124.60
NMDC Steel Target (November 2026) ₹127.40
NMDC Steel Target (December 2026) ₹129.30

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NMDC Steel Share Price Target 2030

The share price of NMDC Steel Limited may Ups & Down. According to our analysis levels, the minimum price of NMDC Steel Limited share in 2030 can be ₹208.50 and the maximum price can be ₹240.50.

Month Wise (Year 2030) Target Price
NMDC Steel Target (January 2030) ₹208.50
NMDC Steel Target (February 2030) ₹211.05
NMDC Steel Target (March 2030) ₹214.30
NMDC Steel Target (April 2030) ₹217.60
NMDC Steel Target (May 2030) ₹220.05
NMDC Steel Target (June 2030) ₹223.50
NMDC Steel Target (July 2030) ₹226.15
NMDC Steel Target (August 2030) ₹228.90
NMDC Steel Target (September 2030) ₹232.15
NMDC Steel Target (October 2030) ₹234.30
NMDC Steel Target (November 2030) ₹237.80
NMDC Steel Target (December 2030) ₹240.50

NMDC Steel Financial Information

NMDC Steel Share Price Target 2040

The share price of NMDC Steel Limited may Ups & Down. According to our analysis levels, the minimum price of NMDC Steel Limited share in 2040 can be ₹243.00 and the maximum price can be ₹279.80.

Month Wise (Year 2040) Target Price
NMDC Steel Target (January 2040) ₹243.00
NMDC Steel Target (February 2040) ₹246.45
NMDC Steel Target (March 2040) ₹249.15
NMDC Steel Target (April 2040) ₹252.75
NMDC Steel Target (May 2040) ₹256.05
NMDC Steel Target (June 2040) ₹260.50
NMDC Steel Target (July 2040) ₹262.95
NMDC Steel Target (August 2040) ₹265.60
NMDC Steel Target (September 2040) ₹268.35
NMDC Steel Target (October 2040) ₹271.85
NMDC Steel Target (November 2040) ₹275.65
NMDC Steel Target (December 2040) ₹279.80

NMDC Steel Fundamentals Data

Fundamentals NMDC Steel
Market Cap ₹18,275Cr
52 Week High 73.70
52 Week Low 39.15
NSE Symbol NSLNISP
ROE -10.07%
P/E Ratio 0.00
EPS -5.32
P/B Ratio 1.18
Dividend Yield 0.00%
Industry P/E 17.98
Book Value 52.85
Debt to Equity 0.43
Stock Face Value 10

The NMDC Steel Shareholding Pattern

Promoters 60.79%
Retail & Others 17.60%
DII 15.77%
FII 4.64%
Mutual Funds 1.19%

NMDC Steel Financial Reports

Sector Year (2024)
Revenue 3,049 Cr.
Expense 4,486 Cr.
Profit Before Tax -2,201 Cr.
Net Profit -1,560 Cr.

Important things to keep in mind before investing in NMDC Steel Stock:-

  • Before investing in the shares of NMDC Steel Company, you should analyze the company’s financial performance, revenue growth, debt level, cash flow and net profit after tax.
  • Keep an eye on these points in NMDC Steel Company like – keep an eye on the company’s production capacity, future contracts, cost management and profit margins.
  • Before investing in NMDC Steel Company, keep a special eye on the decisions taken by the Government of India because the Government of India is the largest shareholder in NMDC Steel Limited. If the government sells its shares, its price may also decrease, so keep an eye on the shareholder pattern. This can affect the share price very badly.
  • Before investing in NMDC Steel Company, understand your profit and loss well and think about investing with proper risk management.

Conclusion NMDC Steel Share Price Target 

NMDC Steel Limited Company is a steel unit of the Government of India, due to which investors’ confidence in this company has increased. NMDC Steel Limited has recently separated from its patent company NMDC. It is a new company in the steel market, so there is some risk in it. Before investing in NMDC Steel, consult your financial advisor and invest in it because it can prove to be quite risky.

Whatever share price targets of NMDC Steel Limited have been given to you, this is only a guide. We do not recommend any kind of purchase or sale. Whatever NMDC Steel share price targets have been given to you in this article, these prices can go up or down at any time depending on the conditions of the stock market. However, Money Mint Idea, for this you must consult stock market experts for any kind of investment in NMDC Steel Limited Company, there is a lot of risk in the stock market.

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