NMDC Ltd Sees Exceptional Volume Amid Price Pressure; Strong Buy Rating Maintained

High Volume Trading and Price Movement

On 13 Feb 2026, NMDC Ltd recorded a total traded volume of 8,514,102 shares, translating to a traded value of approximately ₹69.02 crores. This volume is significantly above the stock’s five-day average, indicating heightened investor interest. However, the stock opened sharply lower at ₹81.50, down 3.82% from the previous close of ₹84.74, and touched an intraday low of ₹80.35, marking a 4.98% decline. The last traded price (LTP) stood at ₹80.91 as of 09:44:44 IST, reflecting a day’s loss of 4.64%.

This price action contrasts with the broader Minerals & Mining sector, which declined by 2.08%, and the Sensex, which fell by 0.98%. NMDC’s underperformance by nearly 2.94% relative to its sector highlights specific pressures on the stock despite strong volume.

Technical and Moving Average Analysis

Technically, NMDC’s price remains above its 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bullish trend. However, the stock is trading below its 5-day and 20-day moving averages, signalling short-term weakness and possible consolidation or correction. The recent two-day consecutive fall has resulted in a cumulative return decline of 5.65%, indicating some profit booking or cautious sentiment among traders.

Investor Participation and Liquidity

Investor participation has been rising, with delivery volume on 12 Feb reaching 1.64 crore shares, a 0.21% increase over the five-day average delivery volume. This suggests accumulation by long-term investors despite the recent price dip. The stock’s liquidity remains healthy, with the ability to support trade sizes of up to ₹6.09 crores based on 2% of the five-day average traded value, making it accessible for institutional and retail investors alike.

Fundamental Strength and Market Capitalisation

NMDC Ltd is classified as a mid-cap company with a market capitalisation of ₹71,037.89 crores. The company operates in the Minerals & Mining industry, a sector that remains critical to India’s industrial growth and infrastructure development. NMDC’s current dividend yield stands at a healthy 3.89%, providing an attractive income component for investors amid market volatility.

The company’s Mojo Score has recently improved from 75.0 (Buy) to 82.0 (Strong Buy) as of 1 Dec 2025, reflecting enhanced financial metrics, operational efficiency, and positive outlook from MarketsMOJO’s proprietary analysis. This upgrade underscores the stock’s quality and potential for medium to long-term appreciation despite short-term price fluctuations.

Accumulation and Distribution Signals

The surge in volume accompanied by a price decline often raises questions about distribution versus accumulation. In NMDC’s case, the increased delivery volume and rising investor participation suggest that institutional investors may be accumulating shares at lower prices, anticipating a rebound. This is supported by the stock’s sustained position above key long-term moving averages and its strong fundamental grading.

However, the short-term negative momentum, as indicated by the price falling below the 5-day and 20-day moving averages, signals caution. Traders should monitor volume patterns closely in the coming sessions to confirm whether the current dip represents a buying opportunity or the start of a deeper correction.

Sectoral Context and Market Sentiment

The Minerals & Mining sector has experienced a modest decline of 2.08% on the day, reflecting broader concerns over commodity prices and global demand. NMDC’s sharper fall relative to the sector may be attributed to profit booking or sector rotation by investors. Nonetheless, the company’s strong dividend yield and upgraded Mojo Grade provide a cushion against sectoral headwinds.

Market sentiment remains cautious but constructive, with investors favouring stocks that combine liquidity, strong fundamentals, and attractive valuations. NMDC fits this profile, making it a key stock to watch for both traders and long-term investors.

Investor Takeaway and Outlook

For investors, NMDC Ltd presents a compelling case of a fundamentally strong mid-cap stock experiencing short-term price weakness amid exceptional trading volumes. The upgraded Mojo Grade to Strong Buy and a solid dividend yield of 3.89% enhance its appeal as a core portfolio holding in the Minerals & Mining sector.

Traders should watch for confirmation of accumulation through sustained volume and price support above near-term moving averages. A recovery above the 5-day and 20-day moving averages would signal renewed buying interest and potential upside. Conversely, a breakdown below the intraday low of ₹80.35 on heavy volume could indicate further downside risk.

Given the stock’s liquidity and market cap, NMDC remains accessible for both retail and institutional investors seeking exposure to India’s mining sector growth story. The current price correction may offer a strategic entry point for long-term accumulation, especially in light of the company’s strong fundamentals and positive analyst outlook.

Summary

In summary, NMDC Ltd’s trading activity on 13 Feb 2026 highlights a significant volume surge amid price decline, reflecting a complex interplay of profit booking and institutional accumulation. The stock’s upgraded Mojo Score and dividend yield provide a strong fundamental backdrop, while technical indicators suggest cautious optimism. Investors should monitor volume and price trends closely to capitalise on potential opportunities in this mid-cap mining stock.

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