NMDC Steel Share Price History & Returns (2023 To 2024)
Show Table of Contents
Table of Contents
- 1: NMDC Steel Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: NMDC Steel Share Price Chart From 2023 to 2024
- 3: NMDC Steel Share Price History Table From 2023 to 2024
- 4: Analyzing the Impact of Investing in NMDC Steel
- 4.1: NMDC Steel Share Returns In Last 5 Years
- 4.2: NMDC Steel Share VS FD (Normal) VS FD (Compounding)
NMDC Steel Share Highlights
As of Mon 25 Nov 2024, NMDC Steel Share price is ₹44.26 which is ₹29.44 below 52-week high of ₹73.7 and ₹2.81 above 52-week low of ₹41.45
52-Week High Low
- NMDC Steel 52-Week High is ₹73.7 occured on Mon 05 Feb 2024
- NMDC Steel 52-Week Low is ₹41.45 occured on Tue 28 Nov 2023
All Time High
- The all-time high or the highest price that NMDC Steel shares have ever touched was ₹73.7 and this occurred on Mon 05 Feb 2024.
- The highest closing price at which NMDC Steel shares have ever closed was ₹70.9 recorded on Fri 02 Feb 2024.
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NMDC Steel Share Price Chart From 2023 to 2024
NMDC Steel Share Price History Table From 2023 to 2024
| Year | NMDC Steel | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2023 | ₹51.40 | - | ↑ ₹59.70 ↓ ₹29.75 |
| 2024 | ₹44.26 | -13.9% | ↑ ₹45.60 ↓ ₹44.05 |
Analyzing the Impact of Investing in NMDC Steel
NMDC Steel Shares price in the year 2023 was ₹51.40. If you had invested ₹10,000 in NMDC Steel Shares in 2023, in 1 years, your investment would have reduced to ₹8,610 by the end of 2024. This represents a negative return of -13.9% from 2023 to 2024, with a compound annual growth rate (CAGR) of -13.9%.
Also Read: Motherson Sumi Wiring Year Wise Share Price History From IPO to 2024
NMDC Steel Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹59.7 and lowest was: ₹29.75
- NMDC Steel Shares price in 2023 was ₹51.4
- By 2024, its share price dropped to ₹44.26
- It gave a negative return of over -14% with a CAGR of -13.9% over the last 5 years
- If you had invested ₹10,000 in NMDC Steel in 2023 then in 5 years, your investment would have declined to ₹8,610 by 2024.
NMDC Steel Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | NMDC Steel Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2023 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹8,610 | ₹10,600 | ₹10,600 |
[Click/Touch on line to show data]
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