NMDC Steel ( NSL ) – A Unique Demerger Opportunity

Thank you for starting a thread on this topic. Just a few pointers from my side:

1. The plant can be expanded to 6 MT as per the NMDC management without any further land acquisition.

2. I don’t have much information about this but from what I have heard through certain news reports, the pant is present in a Naxal area, and thus this is something that can drastically affect the operations of the plant. However, this is the reason why NMDC is retaining a 10% stake in the steel plant as they have high goodwill in that region. It would be great if someone can elaborate on this.

3. Lastly, I think in a reasonably good scenario the plant can be sold for 1 PB of around 20000 Crore.