BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Citi downgrades NMDC to sell
Optimism is overdone as the stock lacks catalysts. At 11 times FY16 price earnings, valuations do not appear cheap.