NMDC Share Price Target 2023, 2024, 2025 2030

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NMDC Company Profile Details?

NMDC (National Mineral Development Corporation) is a Central Public Sector Undertaking under the Ministry of Steel, Government of India. It explores rock phosphate, iron ore, copper, limestone, dolomite, diamond, tin, tungsten, graphite, coal, gypsum, bentonite, magnesite, etc.

It is one of the largest iron manufacturing companies. This is the only mechanized mine in Madhya Pradesh, it also works to run it.

Today we will know whether NMDC Share should be taken or not. Will there be any growth going forward in NMDC share price Target 2023, 2024, 2025, 2030, or not? We are going to tell you all this in this article.

Company	NMDC Limited
Headquarter	Hyderabad
Industry	Mineral
Incorporated	1958
Listed In	NSE, BSE
Website	www.nmdc.co.in

NMDC share price target 2023?

This company is considered a leader in iron and ore production, so all the companies working in this sector will show good growth in the future, it can be said that the demand for iron and ore is increasing. The company is engaged in iron, diamond as well as sponge iron production and sales and wind energy production and sales. That’s why it works in a very diversified way.

If we talk about NMDC share price Target for 2023, then its target comes out to be 150 and if we talk about other targets, then it can go up to about 160.

NMDC share price target 2024?

It has production and more market share on its cheap product and is also seen benefiting more. Keeping in mind the condition of Russia and Ukraine, a lot of growth can be seen in the metal sector in the coming days. That’s why the demand for the company is seen to increase in the coming days. Due to this, there can be a jump in NMDC Share Price in the coming days.

If we talk about NMDC share price Target for 2024, then its target comes out to be 165 and when we speak about other targets, then it can go up to about 175.

NMDC share price target 2025?

In a big business like Steel, the demand of companies like NMDC is going to increase a lot. Given the increasing market demand, NMDC Company is focusing on increasing its production in large quantities. The company’s plot is how to increase the maximum capacity in the coming days. By the year 2025, there is a target company of 67 MTPA.

If we talk about NMDC share price Target for 2025, then its target comes out to be 190 and when we speak about other targets, then it can go up to about 200.

NMDC share price target 2030?

Recently the license of Kumaraswamy mine in Karnataka has been renewed, which will remain valid till the year 2048. The company is absolutely debt-free company. Its profit growth, and promoters holding are looking very good. The company Divided has also been giving good results. Companies like Tata Steel, Hindalco, Jindal Steel, and SAIL are counted in its Peer Companies, but NMDC will get the first benefit from the government because most of its shares are available with the government.

NMDC Company Buy Good and Bad?

NMDC Company is mostly owned by the Government of India. In the coming times, as the Subsidiary Company will be seen increasing its investment, there can be a jump in the Revenue and Profit of the company. The infrastructure Sector in India is growing very fast and it can be seen to continue growing even further. Steel Demand is also increasing day by day. it. Being a Government of India-owned company, it is more likely to get benefits or projects in the coming days. Due to the high demand, its share price also seems to be fluctuating heavily, so before investing in it, think of investing in it only after waiting for the right opportunity. If you have a long-term view then you can earn good money in this.

Disclaimer?

If you want to invest in it, then consult your financial advisor and then think about it. If you like this article, then spread it as much as possible.

FAQ:-

Q.1 Should we invest in NMDC?

Ans. Yes, if you want to invest with a long-term view, then you can consider investing in NMDC.

Q.2 Does NMDC company give divided?

Ans. Yes, it gives a good dividend almost every year.

Q.3 Who is the NMDC Company Chairman?

Ans. Sumit Deb

Q.4 Where is the headquarter of NMDC located?

Ans. Hyderabad, Telangana

Q.5 In which year NMDC company was formed?

Ans. 1958