NMDC

NMDC

                      BSE: 526371 | NSE: NMDC | ISIN: INE584A01023 | SECTOR: MINING & MINERALS

About:-

NMDC is in the Mining & Minerals sector. The current market capitalisation stands at Rs 51,739.54 crore.The company has reported a standalone sales of Rs 2,944.39 crore and a Net Profit of Rs 1,593.01 crore for the quarter ended Dec 2014.

The company management includes Narendra Kothari - Chairman & Managing Director, N K Nanda - Director - Technical, S Thiagarajan - Director - Finance, Rabindra Singh - Director - Personnel, Vinod Kumar Thakral - Nominee Director, Syedain Abbasi - Nominee Director, Noor Mohammad - Independent Director, Vinai Kumar Agarwal - Independent Director, Mahesh Shah - Independent Director, T R K Rao - Vice Chairman & Mng.Director, P K Satpathy - Director - Production, Pradip Kumar Satpathy - Director - Production, S Thiagarajan - Director - Finance, Subimal Bose - Director - Production, Rabindra Singh - Director - Personnel, Noor Mohammad - Director, Vinai Kumar Agarwal - Director, Mahesh Shah - Director, Syedain Abbasi - Director, Narendra Kothari - Chairman & Managing Director, S J Sibal - Director, N K Nanda - Director - Technical. 

It is listed on the BSE with a BSE Code of 526371 and the NSE with an NSE Code of NMDC.

Its Registered office is at "Khanij Bhavan", 10-3-311/A,,Castle Hills, Hyderabad,Telangana - 500028.

Their Registrars are Aarthi Consultants Pvt Ltd

Operating Profit & OPM

Operating Profit gives an indication of the current operational profitability of the business and allows a comparison of profitability between different companies after removing out expenses that can obscure how the company is really performing.

Interest cost depends on the management's choice of financing, tax can vary widely depending on acquisitions and losses in prior years, and depreciation and amortization policies may differ from company to company.

EBITDA, PBT & PAT:-

EBITDA is an acronym for Earnings Before Interest, Taxes, Depreciation, and Amortization. PBT stands for Profit Before Tax, and PAT stands for Profit After Tax.

The graph visually shows how the net profit of the company stand reduced due to the impact of Interest, Depreciation, and Tax.

Net Sales:

Sales is the total amount of products or services sold by the company.

Recent News and Activities :-

• Mar 03, 2015
  Iron ore prices cut by Rs 300-550/tn on weak demand: NMDC

• Mar 04, 2015
  International iron ore prices showing signs of softening: NMDC 

We have to be positive only if this company performance is good. China is one and only largest manufacturer of iron ore. Their growth data released yesterday its not good.

To increase their economy, china will sell ore at any cost, that will affect NMDC near future. NMDC will be forced to reduce ore price further. This week this stock will trade 130, next week 120. Ones if we enter into this stock at 120 price level, we can make good money thru dividend.

Conclusion:-

Based on the fact that Iron ore and other commodity prices will continue to slide in 2015 as per world body, Therefore at present, all investors must step back from investing in this script. It will be beneficial to us if we enter into it few days after consolidation.