November 30, 2016 at 5:22 pm #3886
Ketan Patel, mumbai
@ Priyanka mam,
I yesterday bought 200 NMDC shares at Rs. 121 and I expect the scrip to touch Rs. 144 in just few weeks. But I plan to retain the same for longer period of 6 to 9 months with target of Rs. 200 .
November 30, 2016 at 5:26 pm #3887
Anup soni, Kolkatta
I fully agree with you. Most of the PSU stocks are available at throw away prices. not only NMDC, NTPC, Bhel, Moil, Sail, Nalco BEL all and most of the PSU Banks are available at very low valuations and I believe that NMDC,MOIL and NTPC can give good profits.
I will add one more scrip NHPC which has strong potential to give profits in next few weeks as indicated by its charts.
November 30, 2016 at 5:28 pm #3888
This is very interesting platform by Chanakya Group. both secondary market discussion and IPO related discussion have learned forum members and I get to learn so much from this forum. NMDC I agree that is attractively priced now at Rs. 122, just above its year book value of Rs. 103.
I expect Rs. 206 in one years time.
May 29, 2017 at 4:42 pm #6048
have long term view on BEL and ongc as longterm bets please let me know the future prospecs for the same.
July 10, 2017 at 10:20 am #3884
Priyanka Singh, New Delhi
NMDC a PSU company scrip at Rs 122 is a bargain buy. As we all know during last 2 months the averate price of Iron ore has increased by 26 % from its 52W low price and demand has also increased from steel sector the world over.
This will benifit India`s leading Iron ore company which is now selling major portion of its sales through Auction..
Last year the company has earned EPS of Rs. 7.64 and in the current year, it will post EPS of Rs. 9. The company has book value of Rs. 94.60 which will increase to Rs. 100/103 as on 31 st March 2017.
the scrip has shown 52W high of Rs. 142 and is available at very reasonable PE multiple now.
Apart from fundamental angle, the technical analysis also suggest that this scrip is expected to show strong upward move in coming weeks.
July 20, 2017 at 10:48 pm #6827
WHAT ABOUT ONGC???
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