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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comNMDC Steel Limited, a state-owned steel manufacturer, has emerged as a strong player in India’s steel sector after being demerged from NMDC Limited. The company focuses on high-quality steel production and caters to domestic as well as international markets. With India’s growing infrastructure demand and government-backed initiatives, NMDC Steel is expected to play a pivotal role in the future growth of the steel industry.
In this article, we will analyze NMDC Steel’s current financials, shareholding pattern, and provide share price targets from 2025 to 2030.
| Detail | Value |
|---|---|
| Current Price | ₹41.77 |
| Previous Close | ₹41.77 |
| Day’s High | ₹43.14 |
| Day’s Low | ₹41.32 |
| 52-Week High | ₹55.25 |
| 52-Week Low | ₹32.13 |
| Market Capitalization | ₹12,513 Cr |
| Beta (Volatility) | 1.34 |
| Book Value per Share | ₹48.95 |
| Face Value | ₹10 |
| All Time High | ₹73.70 |
| All Time Low | ₹29.75 |
| Volume | 6,573,490 |
| VWAP | ₹42.11 |
| 20D Avg Volume | 15,301,141 |
| 20D Avg Delivery (%) | 28.13 |
NMDC Steel Ltd was formed after the demerger of the Nagarnar Steel Plant from NMDC Limited. The company operates a fully integrated steel plant with a capacity to produce 3 MTPA (Million Tonnes Per Annum). Its operations are strategically located near iron ore mines, ensuring a raw material advantage.
Government-backed PSU with strong operational support.
Integrated plant located at Nagarnar, Chhattisgarh.
Proximity to NMDC’s iron ore mines reduces input cost.
Focus on domestic demand from infrastructure and housing sectors.
Beneficiary of India’s steel demand growth outlook.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 60.79% |
| Retail & Others | 18.64% |
| Other Domestic Institutions | 15.50% |
| Foreign Institutions | 4.67% |
| Mutual Funds | 0.40% |
The strong promoter holding reflects government control, while growing institutional interest shows confidence in the company’s long-term potential.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 45 | 52 |
| 2026 | 55 | 62 |
| 2027 | 63 | 70 |
| 2028 | 72 | 82 |
| 2029 | 85 | 95 |
| 2030 | 100 | 115 |
These projections are based on NMDC Steel’s fundamentals, sector growth, demand outlook, and technical analysis of past performance.
By 2025, NMDC Steel is expected to stabilize after its listing volatility. Infrastructure push and government spending will drive demand.
Why?
Strong backing from parent NMDC.
Growing domestic demand in housing and construction.
Steel prices stabilizing globally.
Investment Advice: Consider small SIP-based investments for long-term exposure.
In 2026, efficiency gains from its integrated plant are expected to improve margins.
Why?
Cost advantage from proximity to iron ore mines.
Increasing contribution to domestic steel demand.
Rising export opportunities.
Investment Advice: Suitable for long-term investors; hold through corrections.
With higher capacity utilization, NMDC Steel may see strong earnings growth.
Why?
Better operational efficiency.
Government policies favoring PSU companies.
Demand boost from automobile and infrastructure sectors.
Investment Advice: Add on dips; reinvest dividends if offered.
By 2028, the company may cross the ₹80 mark with stable growth.
Why?
Expansion of capacity and product diversification.
Higher EPS growth.
Favorable long-term steel cycle.
Investment Advice: Continue holding for wealth creation; consider partial profit booking.
The stock is expected to trade in higher ranges with global recognition.
Why?
Strong financial performance.
Long-term contracts with government projects.
Increasing global demand for steel.
Investment Advice: Suitable for medium- to long-term investors looking for stability.
By 2030, NMDC Steel could emerge as a major player among India’s top steel producers.
Why?
Strong PSU backing.
Expansion into export markets.
Consistent revenue growth and improved P/E ratio.
Investment Advice: Excellent long-term bet for investors seeking steady returns from the steel sector.
Yes, NMDC Steel offers a strong long-term investment opportunity, especially for those who want PSU-backed stability with exposure to the steel industry.
Strong government support.
Cost advantage due to iron ore linkage.
Potential for capacity expansion.
Beneficiary of India’s infrastructure growth.
Volatility in global steel prices.
High dependence on domestic demand.
Geopolitical and raw material price risks.
Always consult a certified financial advisor before making investment decisions.
NMDC Steel Ltd, with its integrated operations and government backing, is well-positioned to benefit from India’s steel demand growth. With a current price of around ₹41.77, analysts project the stock could reach ₹115 by 2030.
For investors looking at long-term growth in the core steel sector, NMDC Steel can be a strong addition to their portfolio.
1. What is the share price target for NMDC Steel in 2025?
The expected target is between ₹45 – ₹52.
2. Is NMDC Steel a good buy now?
Yes, if you are a long-term investor looking for PSU-backed stability in the steel sector.
3. What is NMDC Steel’s 2030 target price?
The stock is expected to trade between ₹100 – ₹115 by 2030.
4. What is the 52-week high and low of NMDC Steel?
The 52-week high is ₹55.25, and the 52-week low is ₹32.13.
5. Is NMDC Steel good for long-term investment?
Yes, given its strong fundamentals, government support, and demand outlook, it is suitable for long-term portfolios.
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