NMDC Steel share price Today Live Updates NMDC Steel closed today at 48.57, down -2.63 percent from yesterdays 49.88 Mint - Mint
| NSLNISP Stock | 42.13 1.31 3.02% |
Slightly above 62% of NMDC Steel's investor base is looking to short. The current sentiment regarding investing in NMDC Steel Limited stock implies that many traders are alarmed. NMDC Steel's investing sentiment overview a quick insight into current market opportunities from investing in NMDC Steel Limited. Many technical investors use NMDC Steel Limited stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NMDC |
NMDC Steel share price Today Live Updates NMDC Steel closed today at 48.57, down -2.63 percent from yesterdays 49.88 Mint Mint
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NMDC Steel Fundamental Analysis
We analyze NMDC Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NMDC Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NMDC Steel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
NMDC Steel is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
NMDC Steel Limited Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NMDC Steel stock to make a market-neutral strategy. Peer analysis of NMDC Steel could also be used in its relative valuation, which is a method of valuing NMDC Steel by comparing valuation metrics with similar companies.
Peers
NMDC Steel Related Equities
| SBCL | Shivalik Bimetal | 1.94 |
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| NEWGEN | Newgen Software | 2.73 |
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| MICEL | MIC Electronics | 3.48 |
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| REPCOHOME | Repco Home | 4.97 |
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| FCSSOFT | FCS Software | 6.71 |
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Additional Tools for NMDC Stock Analysis
When running NMDC Steel's price analysis, check to measure NMDC Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NMDC Steel is operating at the current time. Most of NMDC Steel's value examination focuses on studying past and present price action to predict the probability of NMDC Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMDC Steel's price. Additionally, you may evaluate how the addition of NMDC Steel to your portfolios can decrease your overall portfolio volatility.