BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Motilal Oswal maintains buy on NMDC
The stock is trading at attractive valuations of EV/EBITDA of 6.1x, P/E of 9.7x and P/BV of 1.7xFY18E and return ratios are attractive at 15-16% RoE/RoCE, the brokerage said, adding " valuations are ignoring value of the steel plant."