Jan 30, 2013, 10.47 PM | Source: CNBC-TV18

NMDC not eyeing stake in PSUs

NMDC has denied reports of buying stakes in other PSU. Earlier various media reports had suggested that NMDC will buy stake in Oil India,

NMDC has denied reports of buying stakes in other PSU. Earlier various media reports had suggested that NMDC will buy stake in Oil India , NTPC & MMTC . NMDC sources tell CNBC-TV18 that the usage of cash in books is the sole discretion of the board and the plans to buy into other public-sector units have been shelved.

NMDC stock price

On August 28, 2015, NMDC closed at Rs 100.70, up Rs 3.65, or 3.76 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 7.23. 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 1.10.

READ MORE ON  nmdc, psu, stake, sale
Set email alert for
NMDC MMTC Ltd Oil India

ADS BY GOOGLE

video of the day

Domestic stories attractive; prefer KNR over L&T: HDFC Sec

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.