@TradingSutra, True.The only problem with Metal Stocks is they are not giving a dip. They are just going unidirectional. UP & UP
Koi toh niche lao inko..
Jui_T
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TodayNMDC are top gainer in FnO segment. Option architect is a well-defined tool where you can customize the symbol such as NMDC where automatic it shows and calculates the Future price it will show you the Lower bound and Upper bound according to the below data
Source: Quantsapp
pearlavenue1
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Looking at q3 results, price hike and increased production, NMDC should post a PAT of Cr 4K. This will lead to a full year PAT of Cr 7K. If you do a simple PE of 15 of such an aggressive company with increasing capacity and Iron ore price all time high, the market cap should be around Cr 105K. Plus demerger of Nagarnar steel plant Cr 25K. Net market cap Cr 130K vs current market cap of Cr 55K.
Conclusion NMDC share price should be around 450 to 600 in near term.