Nmdcs high dividends under threat on earnings pressure. Nmdc is a very good company in the nifty 50 stocks pros. Simply wall st february 6, 2018 dividends play a key role in compounding returns over time and can form a large part of our portfolio return. So a rally in stock till exdividend date is highly anticipated, which may. One of the attractions of the nmdc ltd stock is its high dividend. Nmdc share price down by 2% why is nmdc share price. It includes a full income statement, balance sheet and cash flow analysis of nmdc ltd. Nmdc company history business standard news page 1.
Nmdc limited 10 years revenue, net profit, eps, dividend and annualised growth. Company information home company info corporate announcement book closure. Nmdc limited revenue, profit, eps, dividend growth charts. Nmdc has fixed 25 march 2019 as the record date for the purpose of payment of interim dividend for the financial year 201819. Our profit before tax has increased 24%, profit after tax by 21% and turnover is up 38%. Corporate action nmdc ltd nmdc company business standard. From shortterm perspective, the stock of nmdc makes a good investment appeal, but with a target of rs 105 and a stop loss of rs 94. Nmdc news, announcements, nmdc notices,dividends, board. Fundamental analysisnmdc limited equity research report.
Ns stock quote, history, news and other vital information to help you with your stock trading and investing. Pesb recommends sumit deb for top job at nmdc 18 feb 2020. List of book closures, book closures and record dates, book. Stock analysis for national marine dredging co nmdc. The company also explores for a range of minerals, such as copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc. For the year ending march 2019 nmdc has declared an equity. Nmdc news and announcementsnotices, live nmdc corporate announcement on deals, bonus, rights, stock splits, dividends, board meetings, quarterly results on moneycontrol. Nmdc has declared first interim dividend at the rate of rs. Nmdc limited explores for and produces iron ore in india. On the nse, nmdc ltd last traded price had surged 5. Rss feed is a xml file that provides summaries, including links to the full versions of the content. Announcement under regulation 30 lod nmdc to donate rs 150 cr to pmcf for covid19 fig nmdc ltd.
The first interim dividend outgo would be inr1,360 crore, of which inr 985. Nmdc limited is an indiabased company engaged in mining of iron ore. The company is engaged in the exploration of a range of minerals including iron ore copper rock phosphate lime stone dolomite gypsum bentonite magnesite diamond tin tungsten graphite and beach sands. For the year ending march 2019 nmdc has declared an equity dividend of 552. The board of directors of nmdc ltd at a meeting held today declared first interim dividend at the rate of rs 4. See all announcement under regulation 30 lodrinvestor presentation 11 feb 2020. Nmdc ltd corporate actions, nmdc ltd forthcoming corporate actions such as dividend, interim dividend. Current psx rule for ex date is bc 2 which means that book closure start date minus 2 working days will become the exdate which further means that book closure start date minus 3 working days will become last date of spot. Dividends of companiesdividend date of companies way2wealth. Nmdc ltd is the largest iron ore producer by volume in india. No need to issue cheques by investors while subscribing to ipo.
Use these values to analyse companys growth in various aspects. Nmdc ltd divid divided, bonus, quaterly results, agm, egm, book. Nmdc financial results nmdc financial results business. View daily, weekly or monthly format back to when nmdc ltd. Date of closure of transfer books of nmdc limited ref. Stock split,bonus, rights, restructuring, dividends, board meetings, quarterly results, record date, exdate, book closure on bsense. List of book closures, book closures and record dates. Company, including the record date for payment of dividend, rights or bonus shares, egm, agm, if any. Heres an analysis of the annual report of nmdc ltd for 201718. List of book closures, book closures and record dates, book closures dates of indian companies. Nmdc chairman cs verma, however, said that the dividend payment will not be a burden on the company. Nmdc has declared a dividend of 850 per cent last year.
How to play dividend game in nmdc money n business. Nmdc limited nmdc or the company is under the administrative control of the ministry of steel, government of india. Announcement date, effective date, dividend type, dividend%, remarks. Book closures of companies datewise closures latest. National mineral development corporation wikipedia. It is available through rss feed reader or through some browsers. Latest technologies and standards are constantly being adopted to keep the database userfriendly, comprehensive and uptodate. National mineral development corporation nmdc has declared its first interim dividend of rs 4. Over the last 30 days, the nmdc ltd share price is down 9.
Nmdc ltd 201718 annual report analysis annual result update dec 20, 2018 updated on dec 20, 2018. Abu dhabi including stock price, stock chart, company news, key statistics, fundamentals and company profile. Get latest updates on book closures of companies, latest dividend of various companies date of announcements, dividend only on way2wealth. Nmdc news, announcements, nmdc notices,dividends, board meetings.
In the previous two fiscal years, the company paid a dividend of about. Nmdc resumes construction of nagarnar plant in chhattisgarh. Since it was established in 1958, the company is involved in the exploration of a wide range of minerals including iron ore, copper, rock phosphate and lime. Bo stock quote, history, news and other vital information to help you with your stock trading and investing.
However, international prices, that have plunged in the recent past, pose a threat to volumes due to reduced import parity as well as realisation due to nmdcs inability to further hike prices. Purpose, agm date, announcement date, book closure start date, book closure end date. Generally the share price is above the book value price but during a recession e. Nmdc limited, previously known as national mineral development corporation, is an indian statecontrolled mineral producer. Nmdc ltd fact sheet, nmdc ltd financial results equitymaster. It is also engaged in the production and sale of diamond, sponge iron and wind power. And over the last one year, nmdc ltd share price is down 19. Book closure date of nmdc 2019 2020 2021, discuss here about book closure date of nmdc and get the latest updates. Smart bargain investors buy shares when the current market price is below the book value i. Feb 11, 2014 nmdc chairman cs verma, however, said that the dividend payment will not be a burden on the company. View nmdc ltd dividend announcement date, ex dividend date, interim dividends, final dividend. See actual and adjusted dividend yields and history of nmdc ltd. National marine dredging company wins gujarat lng deal view news. Nmdc to pay record 850% interim dividend times of india.