CITI on NMDC
Upgrade to Buy, Target Price Rs 190
Trades 3.5x 1-yr fwd EV/EBITDA on consensus
Believe most pain is behind as domestic steel prices are now on rise, global iron ore prices are close to bottom, & full impact of higher royalty (renewal premium) should start reflecting from 2Q
Upgrade to Buy, Target Price Rs 190
Trades 3.5x 1-yr fwd EV/EBITDA on consensus
Believe most pain is behind as domestic steel prices are now on rise, global iron ore prices are close to bottom, & full impact of higher royalty (renewal premium) should start reflecting from 2Q
Market Wizard
ADDED BCG AT 28.65
BCG 86.25❤️❤️❤️
UC LOCKED🔐🔐
NEW 52 WEEK HIGH
1309.31% RETURNS FROM OUR ORIGINAL BUY RECOMMENDATION OF 6.12 RS (7.65 PRE BONUS RATE)
UC LOCKED🔐🔐
NEW 52 WEEK HIGH
1309.31% RETURNS FROM OUR ORIGINAL BUY RECOMMENDATION OF 6.12 RS (7.65 PRE BONUS RATE)
Market Wizard
ADDED SUNDARAM CLYATON AT 3366 - 3450
SUNDARAM CLAYTON 3643.2❤️❤️