- NMDC reported an increase in sales, selling 3.44 million tons in October, an 11% increase from the previous year.
- Production also saw an increase, with 3.92 million tons produced, marking an 11% increase year on year.
- The company’s performance was evaluated by various stakeholders, with 17 buys, 2 holds, and 3 sells reported.
- All comparisons to past results are based on values reported by the company’s original disclosures.
A look at Nmdc Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.6 |
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
Nmdc Ltd is a company that explores for minerals, including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. According to Smartkarma Smart Scores, Nmdc Ltd has a solid long-term outlook, with scores of 4 for Value and Growth, and 5 for Dividend, Resilience and Momentum. These scores indicate that Nmdc Ltd has potential to produce strong returns for investors, with a consistent dividend over the long-term, and is well-positioned to withstand market volatility.
The high scores for Resilience and Momentum suggest that Nmdc Ltd has a robust business model, and is well-positioned to capitalise on potential future opportunities. As such, Nmdc Ltd appears to be a good investment option for those looking for long-term returns.
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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