N D Metal Inds.

Is N D Metal Inds. overvalued or undervalued?

As of November 12, 2024, N D Metal Inds. is considered risky and overvalued, with a PE Ratio of 22.81, a Price to Book Value of 5.92, and a ROCE of -15.46%, underperforming the Sensex with a 1-year return of -16.24%.

As of 12 November 2024, the valuation grade for N D Metal Inds. has moved from does not qualify to risky, indicating a shift in perception regarding its investment potential. The company is currently assessed as overvalued. Key ratios reveal a PE Ratio of 22.81, a Price to Book Value of 5.92, and an EV to EBITDA of -23.29, which are concerning indicators of its financial health and valuation.<BR><BR>In comparison to its peers, N D Metal Inds. has a higher PE Ratio than Hindustan Zinc Ltd. at 20.37 and Vedanta Ltd. at 12.87, both of which are considered more attractively valued. Additionally, the company's ROCE stands at -15.46%, significantly lower than the industry average, further supporting the overvaluation assessment. Notably, N D Metal Inds. has underperformed against the Sensex with a 1-year return of -16.24% compared to the Sensex's 7.57%, reinforcing the notion that the stock may not be a favorable investment at its current price.

What is the technical trend for N D Metal Inds.?

As of May 19, 2025, N D Metal Inds. is in a mildly bearish trend, indicated by bearish MACD readings and moving averages, despite some divergence in Bollinger Bands and KST signals, with a weak 1-year return of -16.24% compared to the Sensex's 7.50% gain.

As of 19 May 2025, the technical trend for N D Metal Inds. has changed from does not qualify to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating a bearish trend, alongside a bearish daily moving average. The Bollinger Bands show a bearish signal on the weekly timeframe, while the monthly indicates a mildly bullish stance, creating some divergence. The KST is mildly bearish on the weekly but bullish on the monthly, which adds complexity to the overall outlook. Dow Theory supports a mildly bearish view across both timeframes. The stock's recent performance has been weak, with a 1-year return of -16.24% compared to a 7.50% gain in the Sensex, further reinforcing the bearish sentiment.

When is the next results date for N D Metal Industries Ltd?

The next results date for N D Metal Industries Ltd is 14 February 2026.

The next results date for N D Metal Industries Ltd is scheduled for 14 February 2026.

Why is N D Metal Industries Ltd falling/rising?

As of 12-Feb, the stock price of N D Metal Industries Ltd is Rs 94.81, unchanged from the previous close, but it has risen 4.99% over the past week and month. The stock has outperformed its sector and seen increased investor interest, despite being 4.76% above its 52-week low.

As of 12-Feb, the stock price of N D Metal Industries Ltd is currently at Rs 94.81, showing no change from the previous close. However, the stock has experienced a notable rise of 4.99% over the past week and the same percentage increase over the past month. Year-to-date, it has also risen by 4.99%, while the broader market, represented by the Sensex, has declined by 1.81% during the same period. <BR><BR>Today, the stock opened with a gain of 4.99% and reached an intraday high of Rs 94.81. It has outperformed its sector by 1.69%, indicating strong relative performance. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 117.39% compared to the 5-day average. This suggests growing interest and confidence among investors.<BR><BR>Despite these positive indicators, the stock is still 4.76% away from its 52-week low, which may reflect some caution among investors. The stock has also shown erratic trading patterns, not trading on 5 out of the last 20 days. Nevertheless, the overall performance metrics indicate that the stock is currently rising, supported by strong weekly and monthly gains, as well as positive sector performance.

Which are the latest news on N D Metal Inds.?