NMDC Share Price Target 2025, 2030, 2040, 2050

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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)?

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 Share Price Target Tomorrow

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.

DayMinimum PriceMaximum Price
Tomorrow-3+5

NMDC Share Price Target 2025

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.

YearMinimum Price (Rs)Maximum Price (Rs)
202530110
MonthMinimum Price  (Rs)Maximum Price (Rs)
January5772
February5470
March4355
April3048
May4350
June4858
July5365
August5973
September6684
October7790
November83108
December103110

NMDC Share Price Target 2026

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.

YearMinimum Price (Rs)Maximum Price (Rs)
202655136
MonthMinimum Price  (Rs)Maximum Price (Rs)
January103115
February9093
March7581
April6670
May5560
June5871
July6577
August7079
September7588
October82110
November101121
December115136

Share Price Target 2027

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.

YearMinimum Price (Rs)Maximum Price (Rs)
202777165
MonthMinimum Price  (Rs)Maximum Price (Rs)
January115140
February100108
March8795
April7784
May8193
June8898
July96110
August106121
September118138
October128146
November139150
December142165

Share Price Target 2028

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.

YearMinimum Price (Rs)Maximum Price (Rs)
202899200
MonthMinimum Price  (Rs)Maximum Price (Rs)
January142171
February130138
March121136
April108120
May99118
June110126
July119139
August128148
September136168
October155180
November169188
December181200

Share Price Target 2029

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.

YearMinimum Price (Rs)Maximum Price (Rs)
2029128269
MonthMinimum Price  (Rs)Maximum Price (Rs)
January181208
February167176
March151163
April143150
May128148
June142168
July153178
August172186
September180198
October190230
November218256
December238269

NMDC Share Price Target 2030

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.

YearMinimum Price (Rs)Maximum Price (Rs)
2030170324
MonthMinimum Price  (Rs)Maximum Price (Rs)
January238280
February213220
March189208
April170198
May188210
June201246
July234260
August251271
September260278
October270288
November280310
December300324

Share Price Target 2040

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.

YearMinimum Price (Rs)Maximum Price (Rs)
2040621828
MonthMinimum Price  (Rs)Maximum Price (Rs)
January621636
February627640
March632668
April653688
May671697
June680710
July698728
August713751
September729768
October755789
November778808
December790828

Share Price Target 2050

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.

YearMinimum Price (Rs)Maximum Price (Rs)
205015411865
MonthMinimum Price  (Rs)Maximum Price (Rs)
January15411587
February15661598
March15801621
April15981638
May16171650
June16381668
July16551681
August16701708
September16911743
October17201778
November17561790
December17781865

Should I buy NMDC stock?

YearMinimum Price (Rs)Maximum Price (Rs)
202530110
202655136
202777165
202899200
2029128269
2030170324
2040621828
205015411865

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

MetricValue
Total Revenue (FY24)₹8,000 Crore
Net Profit (FY24)₹1,500 Crore
EBITDA (FY24)₹1,500 Crore
Debt to Equity Ratio0.53
Net Debt to EBITDA4.0x
Market Capitalization₹15,775 Crore
P/E Ratio7.48
ROE

Is NMDC stock good to buy(Bull case & Bear case)?

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.

FAQs

NMDC’s integrated steel facility at Nagarnar, Chhattisgarh, produces steel for numerous sectors.

Since its debut in February 2023, NMDC stock has fluctuated but risen.

Steel industry cyclicity, competitiveness, raw material price variations, and overcapacity are major hazards.

Since the business is new, NMDC has not declared any dividends.

NMDC is currently ramping up, thus typical valuation criteria may not compare well to established counterparts. Its growth and profit projections should interest investors.

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