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Home » NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26
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NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26

Business Circle TeamBy Business Circle TeamJune 1, 2026No Comments3 Mins Read
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NMDC Steel shares jump 18% to 52-week high after return to profit in Q4 and FY26
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Shares of NMDC Metal rallied as a lot as 17.92% to an intraday excessive of Rs 52.62 throughout Monday’s buying and selling session after the corporate reported a pointy turnaround in its fourth-quarter and FY26 earnings. The inventory hit a recent 52-week excessive as traders cheered its return to profitability and powerful income development.

NMDC Metal returned to profitability within the March quarter, posting a web revenue of Rs 391.91 crore in contrast with a web lack of Rs 473 crore within the corresponding quarter final 12 months. The corporate had additionally reported a lack of Rs 244 crore within the December 2025 quarter, making the most recent earnings efficiency a major turnaround.

Income from operations jumped 37% year-on-year to Rs 3,879 crore in This fall FY26 from Rs 2,838 crore in the identical quarter final 12 months. On a sequential foundation, income rose sharply from Rs 3,007 crore reported within the earlier quarter.

The corporate additionally reported its first worthwhile full-year efficiency, posting a web revenue of Rs 59 crore in FY26 in contrast with a considerable web lack of Rs 2,374 crore in FY25.

Annual income from operations surged almost 60% to Rs 13,641.81 crore, in contrast with Rs 8,503 crore within the earlier monetary 12 months, highlighting sturdy development in manufacturing and gross sales volumes.

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Dwell Occasions


Additional underlining the development in earnings high quality, earnings per share (EPS) turned optimistic at Rs 1.34 for FY26.

Valuation and Market Place

Following the sharp rally, NMDC Metal instructions a market capitalization of roughly Rs 13,076 crore. The inventory continues to commerce at a Value-to-Gross sales (P/S) ratio of 1.15 and a Value-to-E-book (P/B) ratio of 1.0.

Institutional Traders Improve Publicity

International Institutional Traders (FIIs) marginally elevated their stake from 4.81% to 4.85% throughout the March 2026 quarter. In the meantime, mutual fund holdings rose from 0.71% to 0.83%, indicating rising confidence amongst home institutional traders.

Technical Indicators Sign Power

From a technical perspective, the inventory stays firmly in bullish territory. NMDC Metal is at present buying and selling above all 8 of its key easy shifting averages (SMAs), an indication of sturdy upward momentum.

The inventory’s 14-day Relative Power Index (RSI) stands at 56.9. An RSI under 30 is usually thought-about oversold, whereas a studying above 70 signifies overbought circumstances. The present RSI suggests the inventory has room to maneuver increased with out coming into overheated territory.(Disclaimer: Suggestions, options, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Instances)



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