External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>NMDC reported an operationally healthy set of numbers for Q4FY21 wherein topline and EBITDA came in higher than our estimate. For Q4FY21, NMDC reported sales volume of 11.1 MT, up 29% YoY, 19% QoQ (our estimate 11.1 MT). For Q4FY21, NMDC reported topline of Rs 6848 crore (up 115% YoY, 57% QoQ), higher than our estimate of Rs 6133 crore. Better-than-expected realisation aided Q4FY21. NMDC's blended realisation for Q4FY21 was at Rs 6138/tonne, up 67% YoY, 32% QoQ, higher than our estimate of Rs 5500/tonne.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

NMDC reported an operationally healthy set of numbers for Q4FY21 wherein topline and EBITDA came in higher than our estimate. For Q4FY21, NMDC reported sales volume of 11.1 MT, up 29% YoY, 19% QoQ (our estimate 11.1 MT). For Q4FY21, NMDC reported topline of Rs 6848 crore (up 115% YoY, 57% QoQ), higher than our estimate of Rs 6133 crore. Better-than-expected realisation aided Q4FY21. NMDC's blended realisation for Q4FY21 was at Rs 6138/tonne, up 67% YoY, 32% QoQ, higher than our estimate of Rs 5500/tonne.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Nmdc Ltd

NMDC Ltd: Performing Well