Buy NMDC for 33% upside as Iron ore prices are now bottoming across the globe

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Sep 13, 2024.

Tags:
Previous Thread Next Thread
Loading...
  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

    Joined:
    Mar 19, 2015
    Messages:
    923
    Likes Received:
    55
    NMDC’s stock has been under pressure amid falling iron ore prices. However, Iron ore prices are now bottoming across the globe. Short-term rally is expected. Valuations at 7.6x FY26E PE are inexpensive. The stock has corrected ~10% in the last one month. TP ₹286 (33%)

    Download research report

    [​IMG]
     
    Vidhi Khanna, Sep 13, 2024
    #1
Previous Thread Next Thread
Loading...
Loading...
Similar Threads
  1. vema16

    NMDC Buyback

    vema16, Jun 25, 2016, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    4
    Views:
    2,225
    sundar
    Jun 30, 2016
  2. Sandeep Gupta

    NMDC

    Sandeep Gupta, Jan 27, 2016, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    1
    Views:
    2,321
    BombayBoy
    Jan 27, 2016
  3. RAMA MURTHY SASTRY CHALLA

    NMDC is the safe Investment

    RAMA MURTHY SASTRY CHALLA, Sep 19, 2015, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    32
    Views:
    13,562
    krish123
    May 11, 2017
  4. ajay6uc

    Vedanta, Tata Steel, Hindalco and NMDC.

    ajay6uc, Aug 20, 2015, in forum: Ask A Query About Your Stock Picks And Portfolio
    Replies:
    3
    Views:
    2,959
    ajay6uc
    Aug 21, 2015
  5. Vidhi Khanna

    Buy Gulf Oil Lubricants for target price of ₹1800 (54% upside)

    Vidhi Khanna, Sunday at 7:49 PM, in forum: Latest Brokerage Stock Buy-Sell Reports
    Replies:
    0
    Views:
    57
    Vidhi Khanna
    Sunday at 7:49 PM