NMDC Shares Hit New Low Amid Broader Mining Sector Decline

Apr 07 2025 09:35 AM IST
share
Share Via
NMDC, a key player in the Mining & Minerals sector, saw its shares fall significantly today, reaching a new 52-week low. The stock has underperformed the broader market, with notable declines over the past week. Despite these challenges, NMDC continues to offer a high dividend yield.
NMDC, a prominent player in the Mining & Minerals sector, has experienced a significant decline today, with shares dropping by 5.04%. The stock reached a new 52-week low of Rs. 59.56, reflecting a challenging trading environment. Opening the day with an 8.48% loss, NMDC has now seen a consecutive decline over the past two days, accumulating a total drop of 12.34% during this period.

In terms of performance metrics, NMDC has underperformed relative to the broader market, with a one-day performance of -5.04% compared to the Sensex's decline of 3.05%. Over the past week, NMDC's performance has been notably weak, down 10.28%, while the Sensex fell by 5.62%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Despite these challenges, NMDC maintains a high dividend yield of 4.3% at the current price. The overall Mining & Minerals sector has also faced pressure, declining by 5.53% today.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News