NMDC NEWS why is Nmdc Limited price falling or rising

NMDC NEWS reasons for why stock price of Nmdc Limited is falling or rising

NMDC Nmdc is falling or rising technical reasons

Technical analysis forecast of Nmdc Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Nmdc NMDC at this time. Stock is rising and might rise more.

It appears as if Nmdc NMDC gave a large move recently.

Stock of Nmdc (NMDC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Nmdc is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 241 as stoploss in an intra day sell trade for a target of 226.3. However, stock will show a bullish move above 241.

NMDC Nmdc is falling or rising NEWS fundamental reasons

Company Announcement NMDC Limited has informed the Exchange regarding 'Resignation of Shri Sanjay Tandon as Independent Director on the Board of NMDC Ltd. Additional details.'. - NEWS as on 2024-04-18

Company Announcement - NEWS as on 2024-04-18

Chhattisgarh's NMDC iron production rises 11%, sales surge 16% in FY24 Compared to the previous year's 29.04 MT, the production at the Chhattisgarh units jumped 11.67 per cent. The Dolimalai mine produced 12.67 MT of iron ore, up 7.56 per cent Y-o-Y - NEWS as on 2024-04-16 business-standard.com

NMDC Q4 PAT seen up 16.9% YoY to Rs. 1,660 cr: Prabhudas Lilladher Net Sales are expected to increase by 9.1 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 6,380 crore, according to Prabhudas Lilladher. - NEWS as on 2024-04-15 moneycontrol.com

Company Announcement NMDC Limited has informed the Exchange regarding 'Details of Production & Sales of Iron Ore (Provisional) for and upto March, 2024 Reg.'. - NEWS as on 2024-04-02

Company Announcement NMDC Limited has informed the Exchange regarding Monthly Business Updates for the month of February 2024 - NEWS as on 2024-03-01

Company Announcement NMDC Limited has informed the Exchange regarding 'Press Release Update on Kirandul incident.'. - NEWS as on 2024-02-28

NMDC announced a dividend of Rupees 5.75 per share, which makes a dividend yield of 2.55 based on current price. Effective date of this dividend is 27 Tue Feb 2024 - NEWS as on 2024-02-27 MunafaSutra.com

NMDC announced a dividend of Rupees 5.75 per share, which makes a dividend yield of 2.45 based on current price. Effective date of this dividend is 27 Tue Feb 2024 - NEWS as on 2024-02-26 MunafaSutra.com

Company Announcement NMDC Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-23

Company Announcement NMDC Limited has informed the Exchange about Transcript - NEWS as on 2024-02-22

NMDC announced a dividend of Rupees 5.75 per share, which makes a dividend yield of 2.41 based on current price. Effective date of this dividend is 27 Tue Feb 2024 - NEWS as on 2024-02-22 MunafaSutra.com

NMDC announced a dividend of Rupees 5.75 per share, which makes a dividend yield of 2.47 based on current price. Effective date of this dividend is 27 Tue Feb 2024 - NEWS as on 2024-02-21 MunafaSutra.com

NMDC announced a dividend of Rupees 5.75 per share, which makes a dividend yield of 2.39 based on current price. Effective date of this dividend is 27 Tue Feb 2024 - NEWS as on 2024-02-20 MunafaSutra.com

Company Announcement NMDC Limited has informed the Exchange about Dividend Updates - NEWS as on 2024-02-15

More announcements and NEWS

NMDC Nmdc Limited current price & indicator signals

Moving Averages for Nmdc Limited

  • 5Day Average: 238.22
  • 12Day Average: 229.37
  • 20Day Average: 219.34
  • 50Day Average: 226.77
  • 100Day Average: 214.64
  • 150Day Average: 194.87
  • 200Day Average: 175.41

NMDC Indicators & signals

Indicator MACD (12,26,9)

230.18, 225, 2.24
Indicator MACD is in positive zone

Indicator ADX (14)

4.79, 23.14, 21.02
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of NMDC Nmdc Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 235.65 229.35 to 237.50 0.19% 0.62 times
18 Thu Apr 2024 235.20 233.60 to 246.85 -2.18% 0.99 times
16 Tue Apr 2024 240.45 236.15 to 245.55 -0.19% 0.72 times
15 Mon Apr 2024 240.90 231.60 to 246.70 0.84% 1.35 times
12 Fri Apr 2024 238.90 238.10 to 243.30 -0.91% 0.84 times
10 Wed Apr 2024 241.10 228.75 to 244.45 5.75% 2.53 times
09 Tue Apr 2024 228.00 223.25 to 229.15 1.74% 0.8 times
08 Mon Apr 2024 224.10 217.15 to 225.20 2.85% 0.98 times
05 Fri Apr 2024 217.90 214.10 to 219.70 0.51% 0.34 times
04 Thu Apr 2024 216.80 212.95 to 220.70 -0.41% 0.57 times
03 Wed Apr 2024 217.70 214.10 to 220.75 0.93% 0.89 times
02 Tue Apr 2024 215.70 210.00 to 216.60 1.46% 1.04 times

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