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NMDC Steel Share Price History & Returns (2023 To 2024)

NMDC Steel Share Price History & Returns (2023 To 2024)

Updated: Fri 19 Apr 2024

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NMDC Steel Share Highlights

As of Fri 19 Apr 2024, NMDC Steel Share price is ₹62.55 which is ₹11.15 below 52-week high of ₹73.70 and ₹29.90 above 52-week low of ₹32.65

52-Week High Low

  • NMDC Steel 52-Week High is ₹73.70 occured on Mon 05 Feb 2024
  • NMDC Steel 52-Week Low is ₹32.65 occured on Wed 19 Apr 2023

All Time High

  • The all-time high or the highest price that NMDC Steel shares have ever touched was ₹73.70 and this occurred on Mon 05 Feb 2024.
  • The highest closing price at which NMDC Steel shares have ever closed was ₹70.90 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

NMDC Steel Share Price History Table From 2023 to 2024

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YearNMDC SteelYOY Chg%↑High - ↓Low
2023₹51.40-

↑ ₹59.70

↓ ₹29.75

2024₹62.5521.6%

↑ ₹73.70

↓ ₹46.90

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 ₹12,169 by the end of 2024. This represents a positive return of 21.6% from 2023 to 2024, with a compound annual growth rate (CAGR) of 21.6%.

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Also Read: Motherson Sumi Wiring Year Wise Share Price History From IPO to 2024

NMDC Steel Share Returns In Last 5 Years

NMDC Steel Share Returns In Last 5 Years
  • Its highest share price in the last 5 years was: ₹73.70 and lowest was: ₹29.75
  • NMDC Steel Shares price in 2023 was ₹51.40
  • By 2024, its share price rose to ₹62.55
  • It gave a positive return of over 21% with a CAGR of 21.6% 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 ₹12,169 by 2024, which is 1.21 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.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of NMDC Steel Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearNMDC Steel InvestmentFD Normal InvestmentFD Compond Investment
2023₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹12,160₹10,600₹10,600



[Click/Touch on line to show data]


For more insights into NMDC Steel, explore these additional resources:-

Disclaimer: Information is provided ‘as is’ and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter