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 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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