What is NMDC's main business?

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

How has NMDC stock performed since its listing?

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

What are the key risks of investing in NMDC?

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

Does NMDC pay dividends?

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

How does NMDC's valuation compare to its peers?

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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