NMDC Steel (Mid Cap) Share Target 2024, 2025 To 2039
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NMDC Steel Limited |
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Price: ₹43.14 | ||
| 52 Week Low: ₹42.95 52 Week High: ₹73.70 |
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| Market Capital: 12,853.65 Crore (Midcap) | |||
| Basic Materials -> Steel | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: NMDC Steel Share Price Target For 2024
- 1.1.1: NMDC Steel Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: NMDC Steel Share Price Target For 2025
- 1.2.1: NMDC Steel Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: NMDC Steel Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: NMDC Steel Brief Company Overview
- 4: NMDC Steel Financial Performance
- 4.0.1: Is NMDC Steel A Good Buy For Long Term?
To predict the NMDC Steel's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
NMDC Steel Share Price Target For 2024
The line chart displays the monthly closing prices of NMDC Steel with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for NMDC Steel shares in 2024, see the table below.
NMDC Steel Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 45.15 (+4.65%) | Price Action: 22 Nov 2024 High |
| 2024 Target 2 | 44.7 (+3.61%) | Price Action: 24 Oct 2024 Low |
| 2024 Target 1 | 44.24 (+2.54%) | Price Action: 26 Nov 2024 Low |
| Current Price | 43.14 | NMDC Steel's share price as of 20 Dec 2024 |
| Stop Loss 1 | 42.59 (-1.28%) | Price Action: Jul 2023 Low |
| Stop Loss 2 | 42.0 (-2.65%) | Price Action: Jun 2023 Low |
| Stop Loss 3 | 41.18 (-4.55%) | Fibonacci Retracement Level 28.20% |
Short-Term Technical Outlook
Current Technical Position: NMDC Steel is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹45.8 serves as the nearest technical reference point.
Historical Returns: 3-month: -20.04% | 6-month: -23.92% | 1-year: -16.07%
NMDC Steel Share Price Target For 2025
The line chart displays the monthly closing prices of NMDC Steel with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for NMDC Steel shares in 2025, see the table below.
NMDC Steel Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 64.99 (+50.64%) | Price Action: Chart |
| 2025 Target 2 | 63.78 (+47.84%) | Price Action: Chart |
| 2025 Target 1 | 63.15 (+46.38%) | Fibonacci Extension Level 64.90% |
| Current Price | 43.14 | NMDC Steel's share price as of 20 Dec 2024 |
| Stop Loss 1 | 38.29 (-11.25%) | Price Action: Apr 2023 High |
| Stop Loss 2 | 37.91 (-12.13%) | Price Action: Chart |
| Stop Loss 3 | 37.23 (-13.70%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: NMDC Steel is currently trading near its 52-week low of ₹42.95, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -16.07% | 3-year: NA | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
NMDC Steel Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹43.14 | ||
| 2024 | ₹46.06 | +6.77% | ₹48.24 |
| 2025 | ₹41.36 | -10.20% | ₹47.65 |
| 2026 | ₹35.13 | -15.06% | ₹41.09 |
| 2027 | ₹34.17 | -2.73% | ₹34.68 |
| 2028 | ₹34.49 | +0.94% | ₹35.01 |
| 2029 | ₹28.25 | -18.09% | ₹32.89 |
| 2030 | ₹43.18 | +52.85% | ₹43.83 |
| 2031 | ₹41.59 | -3.68% | ₹44.06 |
| 2032 | ₹39.60 | -4.78% | ₹41.99 |
| 2033 | ₹39.38 | -0.56% | ₹39.97 |
| 2034 | ₹35.24 | -10.51% | ₹37.85 |
| 2035 | ₹35.09 | -0.43% | ₹37.30 |
| 2036 | ₹33.50 | -4.53% | ₹35.78 |
| 2037 | ₹44.13 | +31.73% | ₹45.92 |
| 2038 | ₹45.00 | +1.97% | ₹45.68 |
| 2039 | ₹44.22 | -1.73% | ₹44.88 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
NMDC Steel Brief Company Overview
NMDC Steel Limited: Iron and Steel Industry Leader Established in 2015, NMDC Steel Limited is a prominent manufacturer and seller of iron and steel products in India. Headquartered in Hyderabad, the company has a strong presence in the domestic market. NMDC Steel's diverse...
product range includes: Pig iron HR coils, sheets, and plates API – 5L quantity plates LPG cylinders High carbon, silicon, and automotive steel NMDC Steel is committed to providing high-quality products and services, earning a reputation for excellence in the industry.NMDC Steel Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 12,853.65 Crore | Market valuation of NMDC Steel's shares. |
| Revenue (TTM) | 4,933.19 Crore | Total revenue generated by NMDC Steel over the past twelve months. |
| Net Income (TTM) | -20,420,200,448.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -31.63% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -41.40% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+1,358.40% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
43.01 | Company's total debt divided by total shareholder equity. |
| Total Debt | 6,661.91 Crore | Sum of NMDC Steel's current & long-term financial obligations. |
| Total Cash | 721.31 Crore | Total amount of liquid funds available to NMDC Steel. |
Is NMDC Steel A Good Buy For Long Term?
NMDC Steel, a mid-cap stock with a market capitalization of ₹12,853.65 crore, presents a concerning picture for long-term investors. A significant net loss of ₹2,042.02 crore in the last 12 months (TTM), coupled with a substantial debt of ₹6,661.91 crore (Q1 2024-25), outweighs the ₹721.31 crore cash balance. Negative profit margins (-41.4%) and poor recent performance (-24.70% past 3 months, -32.00% past 6 months) further highlight the risks. While past 12-month returns show a positive 9.24%, this is insufficient to offset the overall negative trends. Therefore, NMDC Steel is currently not a good buy for the long term.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
