NMDC Steel LTD falls 3 percent today expert sets 44 rupees target price
read on the appStock Market: After the demerger, the shares of NMDC Steel Limited (NMDC Steel LTD) were continuously showing upper circuit. But on Thursday morning, the share
prices of NMDC Steel saw a decline. Shares of this government company fell more than 3 percent in the BSE in the morning. At 11.15 am, the company's shares were trading at Rs
33.70, down 3.58 per cent on the Sensex. Let us inform, the market value of the company is Rs 9905 crore. What are experts saying about the performance of NMDC Steel?
Ravi Singh, Vice President and Head of Research, SHARE India, says, “The stock of NMDC Steel has seen a rally after the demerger of the steel business. Which was expected.
Momentum is showing strong in the technical setup. Short term target price has been fixed at Rs 44. Also read: These 5 companies are going to give dividend, ex-dividend date today
NMDC Steel's new unit. It was carved out of the mining sector giant NMDC. The government holds 60.79 per cent stake in NMDC Steel. The government had got approval for
the listing of the company last month. Let me tell you, after the demerger, the listing of the company was done with a bang. And for two consecutive days the shares of the company
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