Friends, today we are going to talk NMDC Share Price Target 2023, 2024, 2025, 2026, 2030 Today we will try to find out in which direction the performance of this government company, which is mainly involved in the Iron and Ore production business, can be seen going in the coming years. Due to the continuously increasing demand for Iron and Ore, there are huge opportunities for growth in the companies related to this sector.
Today, along with analyzing the complete details of the business of NMDC (National Mineral Development Corporation), we will also look at the future opportunities of the company’s business, which will give us an idea of what will happen in the coming years. NMDC Share Price Target How many rupees can be seen showing. Let us analyze in detail-
NMDC Share Price Target 2023
NMDC is India’s largest Iron and Ore manufacturing company, which controls more than 18 percent of the total domestic production. The company is one of the lowest cost producers of Iron and Ore in the world and by producing its products at affordable prices, it has captured the maximum market and is seen earning the highest profits.
After the war between Russia and Ukraine, the commodities segment market has been completely disrupted in the entire global market, due to which the demand for the metal sector has been increasing rapidly for some time now. According to analysts, the demand for the metal sector in the domestic and global markets is expected to increase rapidly in the coming times, due to which the company is going to see a good boom in its business.
If seen in a short time, with the increase in demand in the market, NMDC Share Price Target 2023 With good momentum till now, the first target is expected to be Rs 135. After gaining interest in this target, soon you will see another target of Rs 140.
NMDC Share Price Target 2023 Table
| Year | NMDC Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 135 |
| Second Target 2023 | Rs 140 |
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NMDC Share Price Target 2024
NMDC which earlier used to produce Iron and Ore and sell it to different steel making companies, but now the company has invested a huge amount to set up its own steel plant. In the coming time, the company’s 3 MTPA capacity steel plant is going to be operational, with the help of which the company is going to take a big step in the steel sector.
Due to NMDC already producing Iron and Ore, in the coming days the company will be seen using it to make steel at a very low cost, which will reduce the production cost of steel and NMDC will be very fast in the steel business. Can be seen making a strong grip together.
Sometime profits will be seen coming from steel business also NMDC Share Price Target 2024 Similarly, in business too, showing growth, you can see the first target showing Rs 165. After that you can see the second target of interest to be Rs 175.
NMDC Share Price Target 2024 Table
| Year | NMDC Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 165 |
| Second Target 2024 | Rs 175 |
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NMDC Share Price Target 2025
Every year, in view of the rapidly increasing demand for Iron and Ore in the domestic and international markets, NMDC seems to be continuously increasing its production capacity. Currently, the company has 7 Iron Mines across the country in which about 40 MTPA production capacity can be seen. The overall plan of the management is to take its production capacity to around 67 MTPA by the year 2025.
To increase its production capacity, NMDC, along with expanding the existing mines, has also started buying new mines and doing joint ventures with different companies related to it. The management believes that due to the speed with which the company is working to increase its production capacity, it is expected to meet its production capacity target even before.
With the rapid increase in production capacity NMDC Share Price Target 2025 By showing very good growth in the business till now, you can see the first target of Rs 200. And then you can definitely think of holding the second target for Rs 210.
NMDC Share Price Target 2025 Table
| Year | NMDC Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 200 |
| Second Target 2025 | Rs 210 |
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NMDC Share Price Target 2026
To increase the growth of its business, NMDC is seen investing a large amount in its subsidiary companies. If seen in the last few years, NMDC has been seen investing around Rs 987 43 in its subsidiary companies, due to which gradually all the subsidiary companies of NMDC are seen becoming stronger in their sector.
The management seems to be planning to invest more in its subsidiary companies in the coming time. It is expected that in the coming years, the company will be seen increasing its investment in its subsidiary companies, due to which the company’s revenue and growth will increase. A very good jump can also be seen in profit.
As the company increases its investment NMDC Share Price Target 2026 If we look at it till now, along with earning very good returns, you can see the first target around Rs 240. After that you can definitely stop for the second target profit of Rs 250.
NMDC Share Price Target 2026 Table
| Year | NMDC Share Price Target 2026 |
|---|---|
| First Target 2026 | Rs 240 |
| Second Target 2026 | Rs 250 |
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NMDC Share Price Target 2030
If seen in the long run, the way the infrastructure in India is getting stronger every year, the demand for steel also seems to be increasing rapidly. In the coming times too, as people’s income will be seen increasing, more and more people will be seen investing in infrastructure, due to which the demand for all types of metals used in infrastructure will also increase significantly in the coming times. Will be seen progressing with.
The government also has many schemes to strengthen the infrastructure of India like housing for all, urbanization, Make in India, under all these campaigns, the Indian government is seen investing more and more in infrastructure, due to which the demand for steel is also increasing. It is seen growing the fastest and strong companies like NMDC in this sector are going to benefit the most.
Looking at long term business opportunities NMDC Share Price Target 2030 There is every possibility of the share price going up to Rs 500 along with earning very good returns to the shareholders.
NMDC Share Price Target 2023, 2024, 2025, 2026, 2030 Table
| Year | NMDC Share Price Target |
|---|---|
| First Target 2023 | Rs 135 |
| Second Target 2023 | Rs 140 |
| First Target 2024 | Rs 165 |
| Second Target 2024 | Rs 175 |
| First Target 2025 | Rs 200 |
| Second Target 2025 | Rs 210 |
| First Target 2026 | Rs 240 |
| Second Target 2026 | Rs 250 |
| Target 2030 | Rs 500 |
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Future of NMDC Share
Keeping in view the increasing demand in the future, the way NMDC is seen making huge investments in joint ventures with different companies and expanding the existing plants to rapidly increase its production capacity, in the coming times e.g. Just as the company will see an increase in its production capacity, the business will also be seen showing growth accordingly.
Also, since NMDC is a government company, the company is going to get the highest priority in getting orders for various infrastructure related projects from the government in the future. NMDC will get more and more big orders from the government in the future. There is every possibility of the company showing a big boom in its business in the coming times.
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Risk of NMDC share
Talking about the biggest risk in the business of NMDC, the company is now mining Iron and Ore and selling it to other steel making companies, but if we look slowly, most of the steel making companies are seen starting mining of Iron and Ore themselves. It is coming, due to which it can have a huge impact on the company’s business in the coming time.
If we look at the second risk, the metal sector is a cyclical sector, at some times it is in great demand and at other times there is a huge decline in demand, the effect of which is visible in the share price for a long time, if you If you enter the stock at the wrong time, you may have to wait for a long time to get good returns.
my opinion:-
There is no doubt that with the strengthening of infrastructure, the demand for steel will also be seen increasing, the benefits of which will definitely be seen being taken by companies like NMDC associated with this sector. If you invest at the right time and at the right price keeping in mind global news and domestic demand, you can earn very good returns in NMDC Shares in a short time. But keep in mind that before taking any investment decision at any price, one should never forget to completely analyze the company or take the advice of one’s financial advisor.
NMDC Share related questions FAQ
– How will NMDC share be in terms of future?
In terms of future, there is a huge opportunity for growth in the business of NMDC. The way the company is expanding its business as per the plan to meet the demand of steel, there is definitely hope for a big growth in the future. Have been.
– Does NMDC share pay good dividend?
NMDC Share pays very good dividends to its shareholders every year. If you want to invest in good dividend paying companies, then NMDC Shares definitely seem like a good investment.
– What is the full name of NMDC Company?
National Mineral Development Corporation is the full name of the company.
– Who is the Chairman of NMDC Company?
Shri Sumit Deb is currently appointed as the Chairman of NMDC.
I hope you like our NMDC Share Price Target 2023, 2024, 2025, 2026, 2030 After reading the article, you will get a complete detailed analysis of the company’s business as well as an idea of the direction the company has the potential to take in the future. If you still have any question related to this article or any suggestion for us, then please tell us in the comment. For detailed information about such stocks related to the share market, you must read our other posts also.
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