NMDC Share Price Target 2025, 2030, 2040, 2050
NMDC Ltd (NSE: NMDC) is a major participant in India’s steel business after its demerger from NMDC Limited. NMDC’s performance is closely watched by investors as infrastructure and economic expansion reshape the steel sector.
The article evaluates NMDC share price projections for 2024, 2025, 2030, 2040, and 2050 using fundamental analysis and market trends.
What is NMDC Ltd (NSE: NMDC)?
Contents
- 1 What is NMDC Ltd (NSE: NMDC)?
- 2 NMDC Share Price Target Tomorrow
- 3 NMDC Share Price Target 2025
- 4 NMDC Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 NMDC Share Price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy NMDC stock?
- 12 NMDC Earning Results
- 13 Is NMDC stock good to buy(Bull case & Bear case)?
- 14 Conclusion
- 15 FAQs
As NMDC Iron & Steel facility (NISP), NMDC is a modern integrated steel facility in Nagarnar, Chhattisgarh. It split from NMDC Limited in 2021. With a 3 MTPA capacity, NMDC intends to be a major steel producer in India.
NMDC may benefit from India’s infrastructure demands and government emphasis on local steel manufacturing. The company’s advantageous location and cutting-edge facilities could boost growth.
Day | Minimum Price | Maximum Price |
Tomorrow | -3 | +5 |
Its stock price will be influenced by important factors like its production capacity, market demand, and the overall condition of the Indian steel industry. With the government focusing on infrastructure and economic growth, the steel demand is expected to increase, benefiting companies like this one. The company’s ability to manage raw materials and control costs will be key. Also, any expansion in steel production or new products could help increase its stock price. In 2025, its share price target would be ₹110 as per our analysis.
By our prediction, its share price would be between ₹30 to ₹110 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 30 | 110 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 57 | 72 |
February | 54 | 70 |
March | 43 | 55 |
April | 30 | 48 |
May | 43 | 50 |
June | 48 | 58 |
July | 53 | 65 |
August | 59 | 73 |
September | 66 | 84 |
October | 77 | 90 |
November | 83 | 108 |
December | 103 | 110 |
As industries like construction, automotive, and infrastructure continue to grow, the need for steel will also increase. The company can meet this demand while managing its production processes and controlling costs. The company’s ability to manage raw material prices and stay competitive in a changing market will also play a big role in its stock performance and as a result, its stock price is likely to grow. In 2026, its share price target would be ₹136 as per our analysis.
By our prediction, its share price would be between ₹55 to ₹136 in 2026.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 55 | 136 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 103 | 115 |
February | 90 | 93 |
March | 75 | 81 |
April | 66 | 70 |
May | 55 | 60 |
June | 58 | 71 |
July | 65 | 77 |
August | 70 | 79 |
September | 75 | 88 |
October | 82 | 110 |
November | 101 | 121 |
December | 115 | 136 |
The company adapts new trends in the steel industry, such as the production of “green steel” and using more sustainable methods of manufacturing. As the world becomes more focused on protecting the environment, companies that reduce their carbon emissions, like this one, may attract more investors. At the same time, industries that use steel, such as renewable energy and infrastructure, will continue to grow, leading to higher demand for steel. If it can continue expanding its production and improving efficiency, it will likely see positive growth in its stock price. In 2027, its share price target would be ₹165 as per our prediction.
Its share price would be between ₹77 to ₹165 in 2027, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 77 | 165 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 115 | 140 |
February | 100 | 108 |
March | 87 | 95 |
April | 77 | 84 |
May | 81 | 93 |
June | 88 | 98 |
July | 96 | 110 |
August | 106 | 121 |
September | 118 | 138 |
October | 128 | 146 |
November | 139 | 150 |
December | 142 | 165 |
The company’s investments in new technology, such as automating its production processes and recycling steel, will help lower costs and increase profits. As steel remains a crucial material for industries like construction, automotive, and renewable energy, strong steel demand will support the stock price. If it continues to improve the quality of its products and its production processes, its stock price is expected to grow. In 2028, its share price target would be ₹200 as per our analysis.
By our prediction, its share price would be between ₹99 to ₹200 in 2028.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 99 | 200 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 142 | 171 |
February | 130 | 138 |
March | 121 | 136 |
April | 108 | 120 |
May | 99 | 118 |
June | 110 | 126 |
July | 119 | 139 |
August | 128 | 148 |
September | 136 | 168 |
October | 155 | 180 |
November | 169 | 188 |
December | 181 | 200 |
The rising cost of raw materials, and changes in international trade. If this company can maintain or increase its steel production while effectively controlling costs, its stock price could rise. In addition, its focus on expanding into international markets, along with the growing need for steel in infrastructure projects, will support the increase in its stock price. In 2029, its share price target would be ₹269 as per our prediction.
Its share price would be between ₹128 to ₹269 in 2029, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 128 | 269 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 181 | 208 |
February | 167 | 176 |
March | 151 | 163 |
April | 143 | 150 |
May | 128 | 148 |
June | 142 | 168 |
July | 153 | 178 |
August | 172 | 186 |
September | 180 | 198 |
October | 190 | 230 |
November | 218 | 256 |
December | 238 | 269 |
The company’s focus on producing environmentally friendly, sustainable steel will make it attractive to investors who care about the environment. As steel demand continues to grow globally, especially in developing countries, its ability to expand and improve its products will likely lead to higher stock prices. Also, improving production efficiency will help the company’s profitability and contribute to positive stock price growth. In 2030, its share price target would be ₹324 as per our analysis.
By our prediction, its share price would be between ₹170 to ₹324 in 2030.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 170 | 324 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 238 | 280 |
February | 213 | 220 |
March | 189 | 208 |
April | 170 | 198 |
May | 188 | 210 |
June | 201 | 246 |
July | 234 | 260 |
August | 251 | 271 |
September | 260 | 278 |
October | 270 | 288 |
November | 280 | 310 |
December | 300 | 324 |
With more focus on green technologies and sustainable practices around the world, its ability to innovate and produce low-carbon or eco-friendly steel will be important. As steel demand grows, especially in infrastructure and renewable energy projects, its success in these areas will increase for long-term growth. The company’s ability to invest in new technologies and remain competitive on a global level will play an important role in the future growth of its stock price. In 2040, its share price target would be ₹828 as per our prediction.
Its share price would be between ₹621 to ₹828 in 2040, as per our analysis.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 621 | 828 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 621 | 636 |
February | 627 | 640 |
March | 632 | 668 |
April | 653 | 688 |
May | 671 | 697 |
June | 680 | 710 |
July | 698 | 728 |
August | 713 | 751 |
September | 729 | 768 |
October | 755 | 789 |
November | 778 | 808 |
December | 790 | 828 |
The world focuses more on clean energy and sustainable practices, and the demand for green steel is expected to rise, creating opportunities for it. The company’s investment in new technology, automation, and eco-friendly production methods will likely help it remain profitable in the long run. As steel continues to be needed for industries around the world, its focus is on meeting these needs through advanced technology and strategic partnerships that will support growth in its stock price. In 2050, its share price target would be ₹1865 as per our analysis.
By our prediction, its share price would be between ₹1541 to ₹1865 in 2050.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 1541 | 1865 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1541 | 1587 |
February | 1566 | 1598 |
March | 1580 | 1621 |
April | 1598 | 1638 |
May | 1617 | 1650 |
June | 1638 | 1668 |
July | 1655 | 1681 |
August | 1670 | 1708 |
September | 1691 | 1743 |
October | 1720 | 1778 |
November | 1756 | 1790 |
December | 1778 | 1865 |
Should I buy NMDC stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 30 | 110 |
2026 | 55 | 136 |
2027 | 77 | 165 |
2028 | 99 | 200 |
2029 | 128 | 269 |
2030 | 170 | 324 |
2040 | 621 | 828 |
2050 | 1541 | 1865 |
NMDC company value and growth potential must be considered before investing. A 3 MTPA greenfield steel mill in Nagarnar, Chhattisgarh, gives the recently demerged firm a unique chance. NSL’s 7.48 P/E ratio suggests it may be undervalued relative to its earnings potential.
However, a leveraged financial sheet with a net debt to EBITDA ratio of 4x in the early years and Chhattisgarh’s instability might cause problems. NSL’s future depends on plant operations and government divestiture.
Before investing, investors should examine NSL business, debt, and government share sales. For long-term investors prepared to risk a new steel firm, the stock offers a chance.
NMDC Earning Results
Metric | Value |
Total Revenue (FY24) | ₹8,000 Crore |
Net Profit (FY24) | ₹1,500 Crore |
EBITDA (FY24) | ₹1,500 Crore |
Debt to Equity Ratio | 0.53 |
Net Debt to EBITDA | 4.0x |
Market Capitalization | ₹15,775 Crore |
P/E Ratio | 7.48 |
ROE |
Is NMDC stock good to buy(Bull case & Bear case)?
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Bull Case:
- The new steel market in India has a high development potential
- Government aid for Indigenous steelmaking
- Modern integrated plant with efficiency potential
- Strategic position and raw resource access
- Value-added goods and higher profits
Bear Case:
- Steel industry cyclicality
- Financial performance initially losing
- Competition from established steelmakers
- Possible Indian steel overcapacity
- Steel industry environmental and sustainability issues
Conclusion
In India’s booming steel industry, NMDC is an intriguing investment. Modern facilities, strategic location, and government support position the organization for expansion. However, investors should consider the steel industry’s cyclical nature and the company’s present financial performance as it expands. Before investing, you must study and analyze your financial objectives.