NMDC Limited Shares

NMDC Limited Shares Hiked On 6th August 2020

NMDC Limited Shares Hiked On 6th August 2020:

To begin with, NMDC Limited shares traded with a 0.12% gain in today’s Intraday trade. Also, until now, the company exchanged 63,821 shares hands on the counter.

Moreover, the company shares started at Rs. 86.70 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 88.35 per eq share. Similarly, the Intraday low value of Rs. 86.40 per share.

According to the source, the company reached its 52-week highest value of Rs. 139.50. Also, it reached the 52-week lowest value of Rs. 62.00. As per the records, the total market capitalization stood at Rs. 1.72 Cr.

On 31st March 2020, NMDC announced its consolidated sales worth Rs. 3,187.34 Cr. Comparatively, the company sales declined by 6.02% from its last quarter sales of Rs. 3,006.38 Cr. Also, its sales raised by 12.52% of Rs. 3,643.23 Cr in the previous year.

Furthermore, the net profit of Rs. 315.39 Cr raised by 78.23% from the same quarter a year ago. By the ending in March 2020, the company promoters held 69.65% of its stake, FIIs held a 5.35% stake and DIIs held a 3.72% stake.

Stock Market Update: 

Stock Market August 6th: On Thursday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 37,921.74 levels and Nifty stood traded gain with 11,178.60 levels. The Sensex raised 258.41 points with a 0.69% gain. Besides, Nifty has raised 76.95 points with a 0.69% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 19,64,536 as of August 6th, and deaths reached 40,739.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 84.50 points with a 0.61% gain and reached a 13,934.76 level. The S&P BSE Smallcap index raised 120.52 points with a 0.90% gain and reached a 13,550.10 level. However, the Nifty Bank declined 18.55 points with a 0.086% loss and reached a 21,491.40 level.

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