NMDC Share Price Target 2024, 2025, 2027, 2030, 2035 (Long Term)

National Mineral Development Corporation, NMDC Share Price Target, Future Prediction, Prognosis, Forecast 2024, 2025, 2026,2027, 2028, 2029, 2030, 2031, 2035

National Mineral Development Corporation – NMDC (NSE: NMDC & BSE: 526371) is a public sector undertaking (PSU) company, and the country’s largest iron ore producer and exporter. Apart from this, the company’s products include copper, rock phosphate, limestone, gypsum, bentonite, dolomite, magnesite, tin, tungsten, diamond, graphite, coal beach sands, etc.

The company’s stock was listed in 2008 and had fallen by more than 70% in the listing year. Although it had good growth in 2008-2010 (254%), from 2010 onwards it started declining and till now it is down by more than 65% from its 2010 price. If we look at the chart of the last 5 years of the company, it has seen a growth of 105.60% with a lot of volatility, in 2023 alone, it has seen a growth of more than 56.92%.

Below, in this post, you can check the stock prediction of NMDC from the present time to the coming 10 to 15 years, which will give you some idea of what level the share price of NMDC has the potential to reach in the coming years. A custom algorithm has been used for these price targets or predictions, which is based on deep learning and keeps changing based on price fluctuations, volume shifts, and market cycles.

Share Price Targets Last Updated on May 18, 2024 at 9:06:33 AM

NMDC Share Price Target in the Next 1, 3, 5, 7, and 10 Years

If we talk about the future stock price target for NMDC, then it can increase to ₹319.35 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹375.61, and in the next 10 years, it can increase to ₹448.84.

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NMDC Share Price Target 2024, 2026, 2028, 2031, 2035

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NMDC Share Price Target 2024

The current trend of the share market is likely to remain the same in the future. Although some volatility may be seen, the company’s stock price may reach ₹320.02 per share by the end of 2024.

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NMDC Share Price Target 2025

According to current market analysis, the company’s stock price can reach ₹330.68 per share by the end of 2025.

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NMDC Share Price Target 2026

If we estimate the share price target of NMDC by 2026, then it can reach the price of ₹345.61.

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NMDC Share Price Target 2027

By 2027, the price of NMDC shares may increase up to ₹361.16.

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NMDC Share Price Target 2028

NMDC share price may rise to ₹377.38 by the end of 2028.

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NMDC Share Price Target 2031

By 2031, the price of NMDC shares may increase up to ₹416.19.

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NMDC Share Price Target 2035

If we look at the possibility of an increase in the price of NMDC shares by 2035, then it can increase up to ₹474.30.

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FAQ: NMDC Share Price Target

Disclaimer: This article is written for informational purposes only, do not consider it as any kind of investment advice.