NMDC.NS NMDC Limited (NSE) Q3 03 Feb 2026: INR 81.05, forecast upside

We expect NMDC.NS stock to be in focus as NMDC Limited reports Q3 results on 03 Feb 2026. The stock trades at INR 81.05 and carries a PE of 10.30 and EPS of 7.91. Investors will watch volumes near 24,361,225.00 shares and margins after a strong FY2025. We outline earnings drivers, key ratios, Meyka AI grade and short-term trading cues for the intraday session on NSE in India.

Earnings preview: NMDC.NS stock Q3 expectations

NMDC.NS stock heads into the Q3 report with consensus expectations for steady ore volumes and margin resilience. Management commentary on offtake, pellet sales and export mix will drive the print and influence the intraday reaction on NSE. Expect the market to react to volume and guidance changes rather than minor beats in EBITDA.

Financials and valuation metrics for NMDC.NS stock

Key ratios show valuation support: PE 10.30, PB 2.21, and dividend yield 4.05%. Book value per share is 36.93 while cash per share stands at 11.98. NMDC reports a current ratio 2.87 and ROE 23.37%, suggesting strong balance-sheet health for a Basic Materials company in India.

Quarter drivers and risks affecting NMDC.NS stock

Primary upside drivers are higher pellet realisations and better export demand to Japan and South Korea. Downside risks include weakened steel demand and any cut in production guidance. Costs, royalty changes, and freight disruptions can swing margins and produce sharp intraday moves on NSE.

Meyka AI grade and technical signals for NMDC.NS stock

Meyka AI rates NMDC.NS with a score of 74.58 out of 100 — Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Technicals show neutral momentum: RSI 50.40, MACD histogram small negative, Bollinger middle at 80.97. Intraday traders should watch the INR 80.97–86.79 band for breakout cues.

Price forecasts, analyst view and peer context

Meyka AI’s forecast model projects a yearly price of INR 93.17, implying an upside of 14.96% versus the current price INR 81.05. Benchmarks in the Basic Materials and Steel sector will influence sentiment, including moves in Steel Authority of India (SAIL) source and peer coverage source. We suggest comparing NMDC.NS stock to sector multiples where average PE is higher, which supports NMDC’s relative value case on NSE.

Intraday trading cues and liquidity for NMDC.NS stock

Liquidity is robust with volume 24,361,225.00 and average volume 23,931,363.00, so intraday execution is feasible. Watch the open at INR 83.90 and day high INR 84.50 for short-term resistance. Use tight stops on earnings volatility and monitor order-book depth for sudden supply from institutional sellers.

Final Thoughts

Key takeaways for NMDC.NS stock ahead of the Q3 report on 03 Feb 2026: the shares trade at INR 81.05 with a modest valuation of PE 10.30 and a healthy dividend yield 4.05%. Meyka AI’s forecast model projects a yearly target of INR 93.17, implying an upside of 14.96% versus the current price. Our proprietary grade (Score 74.58/100, Grade B+, Suggestion: BUY) factors sector comparisons, financial growth and analyst signals. Short-term price action will hinge on production guidance, pellet realisations and export demand. Intraday traders should use the INR 80.97–86.79 band for confirmation and keep stops tight around the day low INR 80.81. Forecasts are model-based projections and not guarantees. For live updates see our Meyka stock page.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.