Mining Stock, NMDC Ltd shows Significant Volatility with sharp gain fluctuation
Talking about moving averages, the stock is currently above its 5-day and 20-day moving averages, yet remains below the 50-day, 100-day, and 200-day moving averages.
Mining Stock, NMDC Ltd shows Significant Volatility with sharp gain fluctuation
Mining and Mineral Stock, NMDC Ltd, gained 3.1% on January 24, 2025, outperforming its sector. The stock showed high volatility with significant price fluctuations and is currently above its short-term moving averages. In the past few months, NMDC Ltd has seen a decline of 3.95%.
With Opening of a gain of 3.25%, the stock reached an intraday high of Rs 68.28, marking a 3.69% increase. The stock has exhibited high volatility, with an intraday volatility of 95.14%, suggesting significant price fluctuations.
It has traded within a narrow range of Rs 0.58, highlighting a concentrated price movement. The dividend yield of the company is 3.62% with market capitalization standing at Rs 19.55K crore.
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Talking about moving averages, the stock is currently above its 5-day and 20-day moving averages, yet remains below the 50-day, 100-day, and 200-day moving averages.
Additionally, the stock boasts a high dividend yield of 3.56% at its current price. Earlier the stock experienced a decline of 3.95%, compared to a decrease of 2.25% in the Sensex.
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