- NMDC’s net income rose by 30% year-over-year, reaching 19.4 billion rupees in the third quarter.
- The company’s revenue increased by 21% compared to the previous year, amounting to 65.3 billion rupees, slightly surpassing the expected 65.04 billion rupees.
- Total costs for the quarter were recorded at 42.7 billion rupees, a 22% increase from the prior year’s figures.
- Market analyst recommendations for NMDC include 13 buys, 3 holds, and 6 sells.
A look at Nmdc Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, NMDC Ltd is positioned favorably for long-term growth and stability. With a high Dividend score of 5, investors can expect consistent and attractive dividends from the company. Additionally, the Value score of 4 indicates that the company is undervalued compared to its intrinsic worth, presenting a potential opportunity for investors looking for value stocks. NMDC Ltd’s strong Resilience score of 5 suggests that the company is well-equipped to withstand economic downturns and market fluctuations, adding a layer of security to its investment profile.
While the Growth and Momentum scores are slightly lower at 3, indicating moderate levels in these areas, the company’s focus on exploring a diverse range of minerals, as highlighted in its exploration activities for various minerals such as iron ore, copper, and graphite, positions NMDC Ltd for potential expansion opportunities in the future. Overall, NMDC Ltd’s Smart Scores paint a promising picture of a company with solid fundamentals and a resilient business model in the minerals exploration sector.
#### NMDC Limited: An Overview
NMDC Limited explores a wide array of minerals including iron ore, copper, rock phosphate, and more. This diversified mineral exploration portfolio underlines the company’s commitment to exploring and leveraging various mineral resources for sustainable growth and development. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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