Shares in state-run miner NMDC fell 1.8 percent in early trade after sources said the government may on Tuesday announce a floor price for the NMDC issue in a range of Rs 145 to Rs 150 a share.
Shares in state-run miner NMDC
Dealers say in the short term, the stock may fall, chasing the likely price band which is below Monday's close of Rs 154.75.
India has set a share sale in state miner NMDC
NMDC stock price
On August 28, 2015, at 13:08 hrs NMDC was quoting at Rs 98.40, up Rs 1.35, or 1.39 percent. The 52-week high of the share was Rs 187.55 and the 52-week low was Rs 90.10.
The company's trailing 12-month (TTM) EPS was at Rs 13.92 per share as per the quarter ended June 2015. The stock's price-to-earnings (P/E) ratio was 7.07. The latest book value of the company is Rs 91.84 per share. At current value, the price-to-book value of the company is 1.07.
READ MORE ON NMDC Ltd
Set email alert for
ADS BY GOOGLE
video of the day
Domestic stories attractive; prefer KNR over L&T: HDFC Sec