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.

NMDC Share Price Target

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

PeriodShare Price Target 1Share Price Target 2
1 Year₹254.67₹265.10
2 Years₹267.81₹278.86
3 Years₹280.91₹296.26
4 Years₹293.56₹311.54
5 Years₹303.27₹320.49
6 Years₹315.95₹335.01
7 Years₹328.63₹349.53
8 Years₹341.35₹364.08
9 Years₹354.02₹378.60
10 Years₹366.70₹393.12

If we talk about the future stock price target for NMDC, then it can increase to ₹265.10 in the coming 1 year. If we forecast the next 5 years according to the current scenario, then its value can increase to ₹320.49, and in the next 10 years, it can increase to ₹393.12.

Also Read: PFC Share Price Target

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

YearShare Price Target 1Share Price Target 2
2024₹246.19₹257.02
2025₹259.97₹267.68
2026₹272.54₹282.61
2027₹285.26₹298.16
2028₹297.68₹314.38
2029₹306.47₹324.15
2030₹319.15₹338.67
2031₹331.83₹353.19
2032₹344.54₹367.74
2035₹382.58₹411.30

Also Read: IRFC Share Price Target

NMDC Share Price Target 2024

2024Share Price Target 1Share Price Target 2
Januaryxx
Februaryxx
Marchxx
Aprilxx
Mayxx
Junexx
Julyxx
Augustxx
Septemberxx
Octoberxx
November₹238.54₹249.35
December₹246.19₹257.02

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 ₹257.02 per share by the end of 2024.

Also Read: Suzlon Share Price Target

NMDC Share Price Target 2025

2025Share Price Target 1Share Price Target 2
January₹248.77₹260.99
February₹249.04₹260.10
March₹246.28₹253.37
April₹246.51₹256.35
May₹246.50₹257.02
June₹245.90₹256.35
July₹247.47₹255.53
August₹246.18₹257.08
September₹249.89₹259.63
October₹254.67₹265.10
November₹252.28₹261.50
December₹259.97₹267.68

According to current market analysis, the company’s stock price can reach ₹267.68 per share by the end of 2025.

Also Read: SBI Bank Share Price Target

NMDC Share Price Target 2026

2026Share Price Target 1Share Price Target 2
January₹261.61₹271.91
February₹262.19₹272.58
March₹258.27₹267.80
April₹260.21₹270.35
May₹260.43₹270.62
June₹259.98₹272.76
July₹260.27₹272.22
August₹259.78₹270.37
September₹262.76₹274.32
October₹267.81₹278.86
November₹264.49₹277.76
December₹272.54₹282.61

If we estimate the share price target of NMDC by 2026, then it can reach the price of ₹282.61.

Also Read: SAIL Share Price Target

NMDC Share Price Target 2027

2027Share Price Target 1Share Price Target 2
January₹274.48₹286.25
February₹275.31₹288.30
March₹271.07₹283.37
April₹273.06₹283.56
May₹272.37₹284.26
June₹271.86₹285.95
July₹272.07₹286.73
August₹272.76₹285.00
September₹276.42₹287.38
October₹280.91₹296.26
November₹278.52₹291.32
December₹285.26₹298.16

By 2027, the price of NMDC shares may increase up to ₹298.16.

Also Read: Olectra Greentech Share Price Target

NMDC Share Price Target 2028

2028Share Price Target 1Share Price Target 2
January₹287.52₹301.57
February₹288.93₹300.54
March₹284.86₹302.51
April₹285.16₹300.52
May₹285.38₹301.11
June₹285.40₹298.76
July₹285.18₹299.77
August₹286.67₹303.03
September₹288.23₹302.71
October₹293.56₹311.54
November₹290.25₹307.94
December₹297.68₹314.38

NMDC share price may rise to ₹314.38 by the end of 2028.

Also Read: Titan Share Price Target

NMDC Share Price Target 2031

2031Share Price Target 1Share Price Target 2
March₹322.27₹342.25
June₹325.44₹345.87
September₹328.63₹349.53
December₹331.83₹353.19

By 2031, the price of NMDC shares may increase up to ₹353.19.

Also Read: HUDCO Share Price Target 

NMDC Share Price Target 2035

2035Share Price Target 1Share Price Target 2
March₹373.03₹400.36
June₹376.19₹403.98
September₹379.38₹407.64
December₹382.58₹411.30

If we look at the possibility of an increase in the price of NMDC shares by 2035, then it can increase up to ₹411.30.

Also Read: BCL Industries Share Price Target

FAQ: NMDC Share Price Target

What is NMDC’s Share Price Target after 5 Years?

NMDC stock price may rise to ₹320.49 in the next five years.

What is NMDC’s Share Price Target after 10 Years?

NMDC stock price may rise to ₹393.12 in the next ten years.

What is NMDC Share Price Target in 2024?

NMDC share price is expected to touch ₹257.02 by the end of 2024.

What is NMDC Share Price Target in 2025?

NMDC share price is expected to touch ₹267.68 by the end of 2025.

What is NMDC Share Price Target in 2026?

NMDC share price is expected to touch ₹282.61 by the end of 2026.

What is NMDC Share Price Target in 2027?

NMDC share price is expected to touch ₹298.16 by the end of 2027.

What is NMDC Share Price Target in 2028?

NMDC share price is expected to touch ₹314.38 by the end of 2028.

What is NMDC Share Price Target in 2029?

NMDC share price is expected to touch ₹324.15 by the end of 2029.

What is NMDC Share Price Target in 2030?

NMDC share price is expected to touch ₹338.67 by the end of 2030.

What is NMDC Share Price Target in 2031?

NMDC share price is expected to touch ₹353.19 by the end of 2031.

What is NMDC Share Price Target in 2035?

NMDC share price is expected to touch ₹411.30 by the end of 2035.

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