NMDC Ltd Shows Strong Trading Activity and Positive Performance Trends in Mining Sector

NMDC Ltd, a prominent player in the Mining & Minerals sector, has emerged as one of the most active equities today, with a total traded volume of 8,165,929 shares and a total traded value of approximately Rs 54.34 crore. The stock opened at Rs 67.05, reflecting a gain of 4.29% from the previous close of Rs 64.29, and reached an intraday high of Rs 67.36, marking a 4.78% increase.
Over the past two days, NMDC has shown a positive trend, with returns of 4.41%. The stock's performance today outpaced its sector by 0.36%, as the Mining & Minerals industry recorded a gain of 3.23%. Notably, NMDC's current price also offers a high dividend yield of 4.35%.

In terms of liquidity, the stock remains accessible for trading, with a delivery volume of 86.91 lakh shares on May 9, which is a 21.62% increase compared to the five-day average. Additionally, NMDC's price is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, NMDC Ltd continues to demonstrate robust activity and performance metrics in the market.