NMDC Steel Share Price Target 2024, 2025, 2030, 2040, 2050
NMDC Steel Ltd (NSE: NSLNISP) is a major participant in India steel business after its demerger from NMDC Limited. NMDC Steel performance is closely watched by investors as infrastructure and economic expansion reshape the steel sector.
The article evaluates NMDC Steel share price projections for 2024, 2025, 2030, 2040, and 2050 using fundamental analysis and market trends.
What is NMDC Steel Ltd (NSE: NSLNISP)?
Contents
- 1 What is NMDC Steel Ltd (NSE: NSLNISP)?
- 2 NMDC Steel Share Price Target 2024
- 3 NMDC Steel Share Price Target 2025
- 4 NMDC Steel Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I buy NMDC Steel stock?
- 8 NMDC Steel Ltd Earning Results
- 9 Expert Forecasts on the Future of NMDC Steel Ltd
- 10 Is NMDC Steel stock good to buy?
- 11 Conclusion
- 12 FAQs
| Metric | Value |
| Market Cap | ₹16,077 Crore |
| P/E Ratio | |
| EPS (TTM) | ₹0.00 |
| Dividend Yield | |
| ROCE | |
| Debt to Equity | 0.13 |
| Promoter Holding | 60.79% |
As NMDC Iron & Steel facility (NISP), NMDC Steel Ltd. is a modern integrated steel facility in Nagarnar, Chhattisgarh. It split from NMDC Limited in 2021. With 3 MTPA capacity, NMDC Steel intends to be a major steel producer in India.
NMDC Steel may benefit from India infrastructure demands and government emphasis on local steel manufacturing. The company advantageous location and cutting edge facilities could boost growth.
Our estimate predicts NMDC Steel share price objective of ₹45 to ₹85 for 2024.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹40 | ₹85 |
| Month | Minimum Price | Maximum Price |
| January 2024 | ₹45 | ₹72 |
| February 2024 | ₹50 | ₹74 |
| March 2024 | ₹48 | ₹65 |
| April 2024 | ₹60 | ₹70 |
| May 2024 | ₹60 | ₹68 |
| June 2024 | ₹45 | ₹65 |
| July 2024 | ₹45 | ₹64 |
| August 2024 | ₹40 | ₹65 |
| September 2024 | ₹45 | ₹65 |
| October 2024 | ₹42 | ₹60 |
| November 2024 | ₹45 | ₹55 |
| December 2024 | ₹40 | ₹55 |
By 2025, NMDC Steel should have completely expanded its production and market presence. Value added goods and operational efficiency should boost margins and profitability.
Our study predicts a 2025 NMDC Steel share price objective of ₹40 to ₹110.
| Year | Minimum Price | Maximum Price |
| 2025 | ₹40 | ₹110 |
| Month | Minimum Price | Maximum Price |
| January 2025 | ₹40 | ₹63 |
| February 2025 | ₹43 | ₹66 |
| March 2025 | ₹46 | ₹69 |
| April 2025 | ₹49 | ₹72 |
| May 2025 | ₹52 | ₹74 |
| June 2025 | ₹54 | ₹76 |
| July 2025 | ₹56 | ₹77 |
| August 2025 | ₹57 | ₹78 |
| September 2025 | ₹58 | ₹89 |
| October 2025 | ₹59 | ₹9.5 |
| November 2025 | ₹59.5 | ₹100 |
| December 2025 | ₹60 | ₹110 |
NMDC Steel might dominate India steel industry by 2030. The company long term capacity development and product diversification initiatives should pay off. Growth is projected from downstream product integration and sustainability efforts.
Our 2030 NMDC Steel share price prediction is ₹180 to ₹220.
| Year | Minimum Price | Maximum Price |
| 2030 | ₹180 | ₹220 |
| Month | Minimum Price | Maximum Price |
| January 2030 | ₹180 | ₹185 |
| February 2030 | ₹185 | ₹190 |
| March 2030 | ₹190 | ₹195 |
| April 2030 | ₹195 | ₹200 |
| May 2030 | ₹200 | ₹205 |
| June 2030 | ₹205 | ₹210 |
| July 2030 | ₹210 | ₹212 |
| August 2030 | ₹212 | ₹214 |
| September 2030 | ₹214 | ₹216 |
| October 2030 | ₹216 | ₹218 |
| November 2030 | ₹218 | ₹219 |
| December 2030 | ₹219 | ₹220 |
NMDC Steel is expected to be India biggest integrated steel manufacturer by 2040. The company long term technological and sustainability initiatives should help it adapt to industry changes.
Our analysis predicts a 2040 NMDC Steel share price goal of ₹350 to ₹450.
| Year | Minimum Price | Maximum Price |
| 2040 | ₹350 | ₹450 |
| Month | Minimum Price | Maximum Price |
| January 2040 | ₹350 | ₹360 |
| February 2040 | ₹360 | ₹370 |
| March 2040 | ₹370 | ₹380 |
| April 2040 | ₹380 | ₹390 |
| May 2040 | ₹390 | ₹400 |
| June 2040 | ₹400 | ₹410 |
| July 2040 | ₹410 | ₹420 |
| August 2040 | ₹420 | ₹430 |
| September 2040 | ₹430 | ₹435 |
| October 2040 | ₹435 | ₹440 |
| November 2040 | ₹440 | ₹445 |
| December 2040 | ₹445 | ₹450 |
Share price projections for 2050 are very speculative. The steel business may have changed drastically by then due to technology and environmental concerns. NMDC Steel performance depends on its capacity to adapt to new technology, market needs, and regulatory contexts. We may anticipate considerable value increase if the firm overcomes these hurdles and retains its market position.
In 2050, we predict NMDC Steel share price will range from ₹600 to ₹800.
| Year | Minimum Price | Maximum Price |
| 2050 | ₹600 | ₹800 |
| Month | Minimum Price | Maximum Price |
| January 2050 | ₹600 | ₹620 |
| February 2050 | ₹620 | ₹640 |
| March 2050 | ₹640 | ₹660 |
| April 2050 | ₹660 | ₹680 |
| May 2050 | ₹680 | ₹700 |
| June 2050 | ₹700 | ₹720 |
| July 2050 | ₹720 | ₹740 |
| August 2050 | ₹740 | ₹760 |
| September 2050 | ₹760 | ₹770 |
| October 2050 | ₹770 | ₹780 |
| November 2050 | ₹780 | ₹790 |
| December 2050 | ₹790 | ₹800 |
Should I buy NMDC Steel stock?
NMDC Steel Ltd (NSL) 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 7.48 P/E ratio suggests it may be undervalued relative to its earnings potential.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹45 | ₹85 |
| 2025 | ₹40 | ₹110 |
| 2030 | ₹180 | ₹220 |
| 2040 | ₹350 | ₹450 |
| 2050 | ₹600 | ₹800 |
However, a leveraged financial sheet with a net debt to EBITDA ratio of 4x in the early years and Chhattisgarh instability might cause problems. NSL future depends on plant operations and government divestiture.
Before investing, investors should examine NSL business, debt, and government share sale. For long term investors prepared to risk a new steel firm, the stock offers a chance.
NMDC Steel Ltd Earning Results
As NMDC Steel is a relatively new entity, its earnings history is limited. However, in its latest quarterly results, the company reported:
| 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 |
Expert Forecasts on the Future of NMDC Steel Ltd
Industry analysts expect NMDC Steel future to be bright:
- India rising steel demand offers business opportunities
- Modern facilities and operating efficiency of the firm
- Possible product diversification and value enhancement
- Potential for export development when the firm enters the market
- Government aid for indigenous steelmaking
Is NMDC Steel stock good to buy?
Bull Case:
- New steel market in India has 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 booming steel industry, NMDC Steel is an intriguing investment. Modern facilities, strategic location, and government support position the organization for expansion. However, investors should consider the steel industry cyclical nature and the company present financial performance as it expands. Before investing, you must study and analyze your financial objectives.
