NMDC Steel Ltd POSITON CALL

 As of February 10, 2025, NMDC Steel Ltd. is trading at ₹41.61 per share.

Short-Term Outlook (2025):

Technical analysis suggests potential target prices for 2025:

Target 1: ₹46.40 (+11.51%)

Target 2: ₹46.90 (+12.71%)

Target 3: ₹47.40 (+13.91%)

Recommended stop-loss levels to manage risk:

Stop Loss 1: ₹39.40 (-5.32%)

Stop Loss 2: ₹39.00 (-6.28%)

Stop Loss 3: ₹38.53 (-7.41%)

These targets are based on historical price actions and key support and resistance levels. Currently, the stock exhibits bearish momentum, trading below key moving averages. Over the past year, it has declined by approximately 40.26%. 

Medium-Term Outlook (2026):

Projections for 2026 indicate higher target prices:

Target 1: ₹68.10 (+63.66%)

Target 2: ₹68.95 (+65.70%)

Target 3: ₹70.13 (+68.54%)

Corresponding stop-loss levels:

Stop Loss 1: ₹30.37 (-27.02%)

Stop Loss 2: ₹30.07 (-27.74%)

Stop Loss 3: ₹29.53 (-29.04%)

These estimates are derived from Fibonacci extension levels and previous price highs. The stock is currently trading near its 52-week low of ₹38.10, suggesting a potential value opportunity if the company demonstrates improved performance. 

Long-Term Outlook (2030 and Beyond):

Long-term projections are more speculative and depend on various factors, including market conditions, company performance, and industry trends. Some analyses suggest the following targets:

By 2030: ₹100-120 (conservative) to ₹130-150 (optimistic)

By 2040: ₹200-250 (conservative) to ₹300-350 (optimistic)

By 2050: ₹500-600 (conservative) to ₹700-800 (optimistic)

These projections consider factors such as increased production capacity, government infrastructure initiatives, rising domestic demand, and potential export opportunities. However, they also account for risks like raw material price volatility, market competition, operational delays, global economic slowdowns, and environmental regulations. 

Investment Considerations:

Investors should monitor NMDC Steel's production milestones, market demand, and broader economic indicators. Given the current bearish trend and proximity to 52-week lows, cautious optimism is advisable. Implementing stop-loss orders can help manage potential downside risks. Regularly reviewing the company's financial health and staying informed about industry developments will aid in making informed investment decisions.