Tuesday, November 5, 2013

NMDC :


  • National Mineral Development Corporation
  • Public Sector Company
  • Business involves Mining minerals
  • Capital Intensive Business which involves huge upfront capital deployment
  • Once iron ore prices pick up, this company can deliver better tesults.
  • Net Profit is more than 50%
  • Holds Cash Balance of Rs.22,519 Crores
  • Current Price: Rs.135
  • EPS: Rs.14.25
  • PE: 9.49
  • Book Value: Rs.59.35
  • Price to Book Value: 1.95
  • Dividend Yield : 5.81% (700% Dividend)
  • Face Value: Re.1
  • Currently undervalued - Can deliver decent returns for 1-2 year period.

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