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 Fri 28 Jun 2024, NMDC Steel Share price is ₹56.7 which is ₹17.00 below 52-week high of ₹73.7 and ₹17.55 above 52-week low of ₹39.15
52-Week High Low
- NMDC Steel 52-Week High is ₹73.7 occured on Mon 05 Feb 2024
- NMDC Steel 52-Week Low is ₹39.15 occured on Thu 02 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.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Advertisement
NMDC Steel Share Price Chart From 2023 to 2024
NMDC Steel Share Price History Table From 2023 to 2024
Advertisement
| Year | NMDC Steel | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2023 | ₹51.40 | - | ↑ ₹59.70 ↓ ₹29.75 |
| 2024 | ₹56.70 | 10.3% | ↑ ₹57.65 ↓ ₹56.37 |
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 grown to ₹11,031 by the end of 2024. This represents a positive return of 10.3% from 2023 to 2024, with a compound annual growth rate (CAGR) of 10.3%.
Advertisement
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 rose to ₹56.7
- It gave a positive return of over 10% with a CAGR of 10.3% over the last 5 years
- If you had invested ₹10,000 in NMDC Steel in 2023 then in 5 years, your investment would have grown to ₹11,031 by 2024, which is 1.1 times of your initial investment.
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 | ₹11,030 | ₹10,600 | ₹10,600 |
[Click/Touch on line to show data]
For more insights into NMDC Steel, explore these additional resources:-
