Buy NMDC, target Rs 133: Kunal Bothra

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Independent analyst Kunal Bothra has a buy call on NMDC with a target price of Rs 133.

The current market price of NMDC is Rs 124.40.

Time period given by the analyst is Intra Day when NMDC price can reach defined target.

Kunal Bothra recommended keeping a stop loss at Rs 120.

NMDC, incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 39,358.80 Crore) operating in Mining sector.

The company’s top management includes CA.A K Srivastava, Dr.Narendra K Nanda, Dr.Syamal Kumar Sarkar, Dr.T R K Rao, Mr.Ashok Kumar Angurana, Mr.Bahram Navroj Vakil, Mr.D S Ahluwalia, Mr.P K Satpathy, Mr.Pradip Bhargava, Mr.R Sridharan, Mr.Rajesh Mangal, Mr.S M Nigam, Mr.Sandeep Tula, Mr.Saraswati Prasad, Mr.Syedain Abbasi, Mrs.Bhagwati Mahesh Baldewa.

The company has Tej Raj & Pal as its auditors.

As on 31-12-2017, the company has a total of 3,163,890,474 shares outstanding.

Source: Economic Times