2. As a long term investor one can invest in National mineral development corporation (NMDC) and same is bound to pay a good returns over a period of 10 years or one can say that one can keep this stock for their children.
3. NMDC is a PSU involved in the exploration of number of ores ranging from iron ores, rock phospahte and copper etc to name a few. It operates a diamond mine in panna in Madhya pradesh and is also single larget producer and exporter for the iron ore.
4. It has a EPS of 246 and has a profit of 3250 crore on net sales of 5711 crore.
5. Ideally it is a quality long term investment and post bonus it has again appreciated to its pre bonus price and also pays hefty dividend which ranges close to 400% per annum.
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