BSE Code: | NSE Code: | ISIN: | Sector:

NSE
130.00
Change Change %
-0.95 -0.73%

Updated:12 Dec, 2017, 15:59 PM IST

BSE
130.05
Change Change %
-1.15 -0.88%

Updated:12 Dec, 2017, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
05-12-2017 Buy 132.35 187.00
N/A
Open Long (1Y)
05-12-2018

Motilal Oswal maintains buy on NMDC

The stock is trading at attractive valuations of EV/EBITDA of 6.1x, P/E of 9.7x and P/BV of 1.7xFY18E and return ratios are attractive at 15-16% RoE/RoCE, the brokerage said, adding " valuations are ignoring value of the steel plant."

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