NMDC....Time to Go Long for 30% Return
NMDC Ltd is being recommended as a "buy" by several analysts, with expectations of a potential 20-30% upside in its stock price over the next 12 months. The company is focusing on increasing its production to 50 million tonnes by FY25, which is expected to drive revenue growth. Additionally, NMDC is expanding its presence in new minerals like lithium, positioning it for future growth opportunities.
However, risks such as changes in global iron ore prices and regulatory shifts could affect profitability. Overall, the stock is seen as having solid upside potential due to its production expansion and favorable market conditions.
However, risks such as changes in global iron ore prices and regulatory shifts could affect profitability. Overall, the stock is seen as having solid upside potential due to its production expansion and favorable market conditions.
註釋
Trade Started moving in our favour...
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