NMDC Steel Outperforms Sector Amid Broader Market Fluctuations and Small-Cap Gains

NMDC Steel has shown significant activity today, gaining 8.5% on September 3, 2025. This performance marks a notable outperformance against its sector, exceeding the Steel/Sponge Iron/Pig Iron industry's gain of 2.04% by 5.81%. Over the past three days, NMDC Steel has demonstrated a consistent upward trend, accumulating a total return of 12.25%.
The stock reached an intraday high of Rs 42.6, reflecting an increase of 8.4% during the trading session. Notably, NMDC Steel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term momentum.

In the broader market context, the Sensex opened positively but has since dipped, currently trading at 80,152.37, down by 0.01%. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.87%. Over the past month, NMDC Steel has outperformed the Sensex, with a return of 17.59% compared to the index's decline of 0.57%. However, the stock's performance over the past year shows a decline of 19.80%, contrasting with the Sensex's decrease of 2.92%.