NMDC Steel Limited Share Price Today

Techno Funda Ratings

RS Rating
54
Moderate
EPS Rating
50
Moderate
A/D Rating
A
Excellent

Key Metrics

Current Price

₹43.4

Market Cap

₹ Cr.

Stock P/E

ROE

%

RSI

47.48

Trend

Bearish

Share Price Chart

Technical Commentary

NMDC Steel Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A, a Relative Strength Rating of 54 and an EPS Rating of 50. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). NMDC Steel Ltd continues to trade in a weak macro layout below its 50 DMA (45.34). While a trailing Stock P/E of 0 might look cheap on the surface, a low baseline efficiency score (ROE: 0%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 47.48 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana.[1]

NMDC Steel Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest NMDC Steel Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the NMDC Steel Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price43.4
RSI (14)47.48
50 DMA45.34
200 DMA42.48
TrendBearish
A/D RatingA
RS Rating54
EPS Rating50
TI650.97
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for NMDC Steel Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹45.32
R2₹44.78
R1₹44.09
PP₹43.55
S1₹42.86
S2₹42.32
S3₹41.63

Financial Ratios

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MetricValue
Market Cap₹ Cr.
Current Price
High / Low₹ /
Stock P/E
Book Value
Dividend Yield%
ROCE%
ROE%
Face Value

Quarterly Results

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QuarterSalesProfitOPM

Shareholding Pattern

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HolderHolding
Promoters 60.79%
FIIs 4.26%
DIIs 19.99%
Public 14.95%
No. of Shareholders6,72,431

Pros and Cons

Pros

    Cons

    • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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    Frequently Asked Questions

    What is the current technical trend and RSI for NMDC Steel Ltd share?

    Based on the latest closing data, the technical momentum for NMDC Steel Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 47.48, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (45.34) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for NMDC Steel Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for NMDC Steel Ltd today centers at a Pivot Point (PP) of ₹43.55. Upside resistance challenges are calculated at R1: ₹44.09, R2: ₹44.78, and R3: ₹45.32. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹42.86, S2: ₹42.32, and S3: ₹41.63.

    How does the fundamental ROE and P/E ratio look for NMDC Steel Ltd?

    NMDC Steel Ltd is currently trading with a valuation metrics context of a Stock P/E of , against a core structural efficiency Return on Equity (ROE) standing at %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 50, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell NMDC Steel Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). NMDC Steel Ltd conti... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A, a Relative Strength (RS) ranking of 54, and long-term trend backing from the TI65 indicator (Neutral pattern).

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