NMDC Share Price Target The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) both list NMDC Limited as a business. We will examine the NMDC share price target for 2024, 2025, 2026. And up to 2030 in this in-depth essay. We will employ various technical analysis techniques to predict objectives through 2030 for long-term forecasts.
We will employ a machine learning approach, where the forecasted data is trained on the historical performance, to forecast the price of NMDC through 2030. NMDC Limited, a prominent player in the Indian share market. Has demonstrated a range of tendencies throughout the years. This section covers the current market position of NMDC. Its projected growth trajectory. And the potential effects of external market forces on its pricing performance.
In 2023, the majority of Indian stocks, including NMDC, saw an incredible bull run. The market’s optimistic outlook is expected to persist in the first quarter of 2024, despite the first months of consolidation. Technical analysis indicates that NMDC’s minimum share price objective for 2024 is anticipated to be ₹249.58, while the highest price target is anticipated to be ₹329.44.
Month
Target
April 2024 target for NMDC
₹249.58
May 2024 target for NMDC
₹259.56
June 2024 target for NMDC
₹269.55
July 2024 target for NMDC
₹279.53
August 2024 target for NMDC
₹289.51
September 2024 target for NMDC
₹299.49
October 2024 target for NMDC
₹309.48
November 2024 target for NMDC
₹319.46
December 2024 target for NMDC
₹329.44
NMDC Share Price Forecast for 2024 Quick Info
₹249.58 is predicted to be the initial price objective for NMDC Limited in 2024.
NMDC Limited’s mid-year price objective might reach ₹299.49 in a favourable market.
With optimistic market trends, the price objective for NMDC Limited is anticipated to potentially reach ₹329.44 by the end of 2024.
NMDC Share Price Target 2025
By January 2025, it is anticipated that the share price of NMDC will be around Rs. 336. If the industry trend and macro- and microeconomic factors continue to be supportive, the target price of NMDC Limited might rise to Rs 377 by December 2025.
Month
Target
January 2025 target for NMDC
₹336
February 2025 target for NMDC
₹343
March 2025 target for NMDC
₹350
April 2025 target for NMDC
₹338
May 2025 target for NMDC
₹327
June 2025 target for NMDC
₹316
July 2025 target for NMDC
₹329
August 2025 target for NMDC
₹342
September 2025 target for NMDC
₹356
October 2025 target for NMDC
₹363
November 2025 target for NMDC
₹370
December 2025 target for NMDC
₹377
NMDC Share Price Forecast for 2025 Quick Info
It is anticipated that NMDC Limited would have an initial price objective of ₹336 in 2025.
The mid-year price estimate for NMDC Limited might reach ₹316 in a favourable market.
Based on positive market trends, it is anticipated that NMDC Limited’s price objective might potentially reach ₹377 by the end of 2025.
According to technical data, NMDC’s lowest share price objective is anticipated to achieve Rs. 385, and its shares can reach a maximum value of Rs. 434.
Month
Target
January 2026 target for NMDC
₹385
February 2026 target for NMDC
₹393
March 2026 target for NMDC
₹401
April 2026 target for NMDC
₹388
May 2026 target for NMDC
₹375
June 2026 target for NMDC
₹363
July 2026 target for NMDC
₹378
August 2026 target for NMDC
₹393
September 2026 target for NMDC
₹409
October 2026 target for NMDC
₹417
November 2026 target for NMDC
₹425
December 2026 target for NMDC
₹434
NMDC Share Price Forecast for 2026 Quick Info
₹385 is predicted to be the starting price goal for NMDC Limited in 2026.
NMDC Limited’s mid-year price objective might reach ₹363 in a favourable market.
NMDC Limited’s price objective is anticipated to potentially reach ₹434 by the end of 2026, taking into account favourable market trends.
NMDC Share Price Target 2027
Based on Fibonacci calculations, the projected price goal for NMDC Limited (NMDC) in the first half of 2027 is expected to range from ₹443 to ₹417. It’s possible that NMDC’s share price may hit ₹498 by the second half of 2027.
Month
Target
January 2027 target for NMDC
₹443
February 2027 target for NMDC
₹452
March 2027 target for NMDC
₹461
April 2027 target for NMDC
₹446
May 2027 target for NMDC
₹431
June 2027 target for NMDC
₹417
July 2027 target for NMDC
₹434
August 2027 target for NMDC
₹451
September 2027 target for NMDC
₹469
October 2027 target for NMDC
₹478
November 2027 target for NMDC
₹488
December 2027 target for NMDC
₹498
NMDC Share Price Forecast for 2027 Quick Info
The initial price target for NMDC Limited in 2027 is projected to be ₹443.
With favorable market conditions, the mid-year price target for NMDC Limited could reach ₹417.
By the end of 2027, the price target for NMDC Limited is expected to potentially reach ₹498, considering bullish market trends.
NMDC Share Price Target 2028
Month
Target
January 2028 target for NMDC
₹508
February 2028 target for NMDC
₹518
March 2028 target for NMDC
₹528
April 2028 target for NMDC
₹510
May 2028 target for NMDC
₹493
June 2028 target for NMDC
₹477
July 2028 target for NMDC
₹496
August 2028 target for NMDC
₹516
September 2028 target for NMDC
₹537
October 2028 target for NMDC
₹548
November 2028 target for NMDC
₹559
December 2028 target for NMDC
₹570
NMDC Share Price Forecast for 2028 Quick Info
The initial price target for NMDC Limited in 2028 is projected to be ₹508.
With favorable market conditions, the mid-year price target for NMDC Limited could reach ₹477.
By the end of 2028, the price target for NMDC Limited is expected to potentially reach ₹570, considering bullish market trends.
Key Takeaways from Forecasted Price for NMDC from 2024 – 2030
In 2024, NMDC Limited (NMDC) is expected to experience strong growth. With an initial target of ₹249.58. However, market volatility might lead to fluctuations mid-year, peaking at ₹309.48.
For NMDC Limited in 2025, a bullish trend might take the stock to a mid-year target of ₹329. Followed by a steady climb to ₹377.
In 2026, a temporary decline in early months for NMDC Limited is possible. With a recovery expected by mid-year, aiming for ₹378.
Anticipating mixed trends for NMDC Limited in 2027. With rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹498.
For 2028 and 2029, NMDC Limited is expected to show strong and steady growth. Potentially breaking past previous highs and setting new records.
By 2030, the cumulative impact of market dynamics could lead NMDC Limited to a substantial year-end target. Surpassing previous expectations.
