NMDC Ltd.- Base Case Target Achieved

Authored By Prime Research | Last Modified: Apr 15, 2026 06:15 PM IST

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In our Stock update report dated 17th February 2026, we had recommended to buy NMDC Ltd in Rs 78-81 band and add on dips in Rs 68-71 band for a base case target of Rs 87 and a bull case target of Rs 95.

Today, the stock hit a high of Rs 87, thereby achieving our base case target and yielding 9.1% return. The stock is currently trading at a CMP of Rs 87.1

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