Mining sector stock worth adding in Portfolio | Indian Stocks to Make You a Millionaire
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Mining sector stock worth adding in Portfolio

Posted By On 11:28 AM Under

1. I am positive on the pospects of NMDC which is a PSU stock and deals in iron ore and mineral sector. The company is showing an upward trajectory despite recession and has reported a profit of Rs 1926 crore and same is on a turnover of Rs 3290 Crore and same is for H1 of current fiscal year. One can hope to see govt equity dilution in the company as non promoter stake is just 1.62% of total equity.

2. Stock has seen a high of Rs 538 and is now languishing near its historical lows and is definitely a stock worth investment.

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