Why is NMDC Steel falling/rising?

Nov 19 2025 12:06 AM IST
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As of 18-Nov, NMDC Steel Ltd's stock price is declining at 42.52, down 0.86%, with a total drop of 3.12% over the last three days. Despite trading above longer-term moving averages, the stock's weak performance, negative EBITDA, and high debt ratios indicate a challenging outlook.
As of 18-Nov, NMDC Steel Ltd is experiencing a decline in its stock price, currently at 42.52, which reflects a decrease of 0.37 or 0.86%. The stock has been losing value for the last three days, with a total drop of 3.12% during this period. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Despite a rise in investor participation, indicated by an increase in delivery volume, the stock's overall performance has been weak, with a year-to-date return of -1.51% and a one-year return of -3.45%, significantly underperforming the benchmark indices.

In the broader market context, the stock's short-term performance has been notably poor compared to the Sensex, which has gained 0.96% over the past week and 8.36% year-to-date. The company's fundamentals are concerning, with a negative EBITDA and a high Debt to EBITDA ratio, which raises risks for investors. Although NMDC Steel has reported positive results for the last three consecutive quarters, the long-term growth prospects appear weak due to a declining operating profit and a return on capital employed of 0%. This combination of factors contributes to the stock's underperformance against the benchmark and suggests a challenging outlook for NMDC Steel.
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