NMDC Ltd. Hits 52-Week High, Shows Strong Performance

Dec 28 2023 11:15 AM IST
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NMDC Ltd., a top mining and minerals company, reached a 52-week high on December 28, 2023, trading at Rs. 206.4, in line with the sector's performance. The stock has consistently outperformed the market and offers a high dividend yield of 3.28%. With its strong track record and recent high, NMDC Ltd. remains a reliable choice for investors.

NMDC Ltd., a largecap mining and minerals company, has recently hit a 52-week high on December 28, 2023. The stock is currently trading at Rs. 206.4, which is in line with the sector's performance for the day. MarketsMOJO has given a 'Hold' call for the stock.

NMDC Ltd. has been performing well in the market, with its stock price consistently trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company also offers a high dividend yield of 3.28% at the current price.

In the past year, NMDC Ltd. has shown a strong performance with a 71.61% increase in its stock price, outperforming the Sensex's performance of 18.75%. This showcases the company's strong position in the market and its ability to generate returns for its investors.

NMDC Ltd. is a leading player in the mining and minerals industry, with a large market cap. The company has a strong track record of delivering consistent growth and profitability, making it a reliable choice for investors. With its recent 52-week high, NMDC Ltd. continues to be a promising stock in the market.
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