I have NMDC shares in my Portfolio, Now trading at Rs.103 levels
NMDC is a very good company in the NIFTY 50 Stocks
Pros :
1. 57Years old company
2. Indian Government Owned Company
3. Company is Virtually Debt Free
4.stock is trading at 1.6 times to its book value
5.Very High Dividend Yield 8.31 %
6.Company is PE Ratio is at 8.3
7.Last 20 years continuous dividend paying company
8.Low Risk Company because it is a Nifty stock
Cons.
1.Company main business related to Iron ore , and…
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