Dec 11, 2012, 12.59 PM IST
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.
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 December 12, 2013, NMDC closed at Rs 139.30, down Rs 0.65, or 0.46 percent. The 52-week high of the share was Rs 171.50 and the 52-week low was Rs 92.65.
The company's trailing 12-month (TTM) EPS was at Rs 14.25 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 9.78. The latest book value of the company is Rs 69.39 per share. At current value, the price-to-book value of the company is 2.01.
Action in NMDC
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