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NMDC Steel Share Price Target 2024, 2025, 2030, 2040, 2050

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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)?

MetricValue
Market Cap₹16,077 Crore
P/E Ratio
EPS (TTM)₹0.00
Dividend Yield
ROCE
Debt to Equity0.13
Promoter Holding60.79%

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 Share Price Target 2024

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.

YearMinimum PriceMaximum Price
2024₹45₹85
MonthMinimum PriceMaximum Price
January 2024₹45₹72
February 2024₹50₹74
March 2024₹48₹65
April 2024₹60₹70
May 2024₹60₹68
June 2024₹55₹65
July 2024₹55₹64
August 2024₹50₹65
September 2024₹55₹65
October 2024₹60₹70
November 2024₹65₹75
December 2024₹75₹85

NMDC Steel Share Price Target 2025

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 ₹90 to ₹110.

YearMinimum PriceMaximum Price
2025₹90₹110
MonthMinimum PriceMaximum Price
January 2025₹90₹93
February 2025₹93₹96
March 2025₹96₹99
April 2025₹99₹102
May 2025₹102₹104
June 2025₹104₹106
July 2025₹106₹107
August 2025₹107₹108
September 2025₹108₹109
October 2025₹109₹109.5
November 2025₹109.5₹110
December 2025₹110₹110

NMDC Steel Share Price Target 2030

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.

YearMinimum PriceMaximum Price
2030₹180₹220
MonthMinimum PriceMaximum 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

Share Price Target 2040

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.

YearMinimum PriceMaximum Price
2040₹350₹450
MonthMinimum PriceMaximum 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 Target 2050

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.

YearMinimum PriceMaximum Price
2050₹600₹800
MonthMinimum PriceMaximum 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.

YearMinimum PriceMaximum Price
2024₹45₹85
2025₹90₹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:

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

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.

FAQs

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

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

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

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

NMDC Steel 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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