NMDC Steel (NSLNISP) Share Price falls 5.42% as stock slips to Rs 46.43
- August 31, 2026
- Posted by: Harsh Piplani
- Category: News
NMDC Steel Share Price declined on 31 August 2026, with the stock closing at Rs 46.43 after a 5.42% fall from the previous close of Rs 49.09. The company’s market capitalisation stood at Rs 14,386.34 crore, placing NMDC Steel in the Mid Cap category for this article’s company-size context. Today’s move makes NMDC Steel Stock News relevant for readers tracking the name’s share price fall, price action and valuation backdrop. The available data confirms the decline, the day’s trade range and the valuation profile, but it does not establish a company-specific catalyst. In that setting, the important question for investors is not only why NMDC Steel Share Price moved lower today, but also what the stock’s current fundamentals and sector positioning say about the move.
NMDC Steel (NSLNISP) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 46.43 |
| Previous Close | Rs 49.09 |
| Today's Move | -Rs 2.66 (-5.42%) |
| Open | Rs 48.26 |
| High | Rs 48.43 |
| Low | Rs 46.39 |
| Turnover | Rs 2.38 crore |
| Market Capitalisation | Rs 14,386.34 crore |
| Market Cap Category | Mid Cap |
NMDC Steel Share Price Today moved from a previous close of Rs 49.09 to Rs 46.43, marking a day change of Rs -2.66 or -5.42%. The stock opened at Rs 48.26, touched a day high of Rs 48.43 and a day low of Rs 46.39, which places the close near the lower end of the session range. Turnover stood at Rs 2.38 crore. The market-cap category is Mid Cap, and the market capitalisation was Rs 14,386.34 crore. On a simple price-action read, the day was defined by a clear downside move from the opening level through the session into the close. NMDC Steel Share Price therefore enters the day-end analysis as a notable share price fall within its trading range, and the key visible facts are the close, the percentage change and the exact trade values rather than any assumed trigger. That sets up the wider NMDC Steel Stock News discussion around valuation and fundamentals.
NMDC Steel (NSLNISP) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 14,386.34 crore |
| P/E Ratio | 171.94x |
| P/B Ratio | 1.09x |
| ROE | -16.6% |
| ROCE | -12.98% |
| EPS | Rs 0.29 |
| Book Value Per Share | Rs 45.12 |
| Dividend Yield | 0% |
NMDC Steel Share Price needs to be read alongside the company’s fundamentals because the latest market move occurred against a mixed numerical backdrop. The stock’s P/E ratio is 171.94, which is far above the sector benchmark median of 20.03, the benchmark average of 35.64 and the broader same-industry scope of 140 companies. The P/B ratio is 1.09, below the sector median of 1.64 and the average of 2.22, which keeps valuation reading more moderate on book value terms. ROE is -16.6 and ROCE is -12.98, both below the sector medians of 8.99 and 12.19 respectively. EPS is Rs 0.29 and book value is Rs 45.12, while dividend yield is 0. NMDC Steel Share Price today therefore reflects a stock with a high earnings multiple, weak profitability metrics and a book-value reference close to the current price. For NMDC Steel Stock Analysis, those are the most important fundamentals to keep in view.
At the company level, the market capitalisation of Rs 14,386.34 crore tells readers that NMDC Steel sits in the Mid Cap bucket, but company size alone does not explain today’s share price decline. The stronger insight comes from comparing the earnings base, the valuation multiple and the returns on capital with the current price level. NMDC Steel Latest News also has to be read with the fact that no dividend is reflected in the supplied data, so the stock’s current appeal rests more on valuation and operational improvement than on payout support. That is why NMDC Steel Fundamental Analysis is important for anyone reviewing the day’s decline.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Iron & Steel |
| Industry | Steel & Iron Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 171.94x |
| Benchmark Median P/E | 20.03x |
| Benchmark Average P/E | 35.64x |
| Benchmark P/E Range | 0.29x to 532.98x |
| Company P/B Ratio | 1.09x |
| Benchmark Median P/B | 1.64x |
| Benchmark Average P/B | 2.22x |
| Company ROE | -16.6% |
| Benchmark Median ROE | 8.99% |
| Benchmark Average ROE | 2.07% |
| Company ROCE | -12.98% |
| Benchmark Median ROCE | 12.19% |
| Benchmark Average ROCE | 9.54% |
| Company Market Capitalisation | Rs 14,386.34 crore |
| Benchmark Median Market Cap | Rs 302.61 crore |
| Benchmark Average Market Cap | Rs 8,127.05 crore |
The sector picture offers useful context for NMDC Steel Share Price because the company belongs to the Iron & Steel sector and the Steel & Iron Products industry. The benchmark scope is the same industry, with 140 companies in the comparison set. Within that set, the company’s P/E of 171.94 is well above the median of 20.03 and average of 35.64, while its P/B of 1.09 is below the median of 1.64 and the average of 2.22. In profitability terms, the company’s ROE of -16.6 and ROCE of -12.98 are below the sector medians of 8.99 and 12.19. The sector benchmark also shows a market-cap median of Rs 302.61 crore and an average of Rs 8,127.05 crore, with the company’s Rs 14,386.34 crore above both reference points. That combination of size, valuation and return metrics is central to NMDC Steel Share Price Today.
Sector and industry context matters because stock news is rarely about price alone. NMDC Steel Share News today should be viewed against the backdrop of steel-sector peer metrics and the company’s own valuation spread. The numbers do not point to a sector-wide comparison advantage on earnings returns; instead, they show a company trading on a far richer P/E than the industry median while carrying negative return metrics. For readers searching NMDC Steel Share Price News or NMDC Steel Market Cap context, the key takeaway is that the stock’s current market value sits meaningfully above the industry median size, but its profit and return ratios remain weaker than the benchmark middle.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| JSW Steel | JSWSTEEL | 3,25,245.38 | 13.12 | 3.11 | 28.54 | 20.67 |
| Tata Steel | TATASTEEL | 2,32,441.95 | 21.06 | 2.26 | 11.44 | 12.7 |
| Steel Authority Of India | SAIL | 82,465.94 | 19.3 | 1.33 | 4.09 | 6.39 |
| APL Apollo Tubes | APLAPOLLO | 62,723.03 | 51.03 | 11.28 | 25.35 | 31.83 |
| Welspun Corp | WELCORP | 62,630.49 | 27.12 | 6.54 | 19.55 | 23.94 |
Peer comparison puts NMDC Steel Share Price in sharper focus. Against JSW Steel, Tata Steel, Steel Authority Of India and APL Apollo Tubes, NMDC Steel has a much higher P/E of 171.94 than every peer listed here. Its P/B of 1.09 is lower than JSW Steel’s 3.11, Tata Steel’s 2.26, SAIL’s 1.33 and APL Apollo Tubes’ 11.28. On profitability, the company’s ROE of -16.6 and ROCE of -12.98 are below all the selected peers, each of which shows positive returns on equity and capital employed. In market-cap terms, NMDC Steel’s Rs 14,386.34 crore is smaller than the peer figures shown in this set. NMDC Steel Stock Performance therefore stands out more for valuation and return gaps than for size relative to the selected industry leaders.
The peer set also helps explain why NMDC Steel Stock News is being tracked closely today. A stock with a very high earnings multiple and negative return ratios is often read differently from peers that already demonstrate positive profitability. That does not create a forecast, but it does give readers a factual basis for comparing NMDC Steel Share Price with the sector’s better-established names. Univest uses these peer references to make NMDC Steel Stock Analysis easier to interpret without mixing in unsupported assumptions.
Why Investors Are Watching NMDC Steel
- NMDC Steel Share Price fell 5.42% today to Rs 46.43 after closing below the previous close of Rs 49.09.
- The day’s range was Rs 48.26 open, Rs 48.43 high and Rs 46.39 low, with turnover of Rs 2.38 crore.
- Market capitalisation stood at Rs 14,386.34 crore, and the article classifies the company as Mid Cap.
- P/E is 171.94, while P/B is 1.09, offering a valuation contrast within NMDC Steel Fundamental Analysis.
- ROE is -16.6 and ROCE is -12.98, both below the sector medians of 8.99 and 12.19.
About NMDC Steel
NMDC Steel operates in the Iron & Steel sector and the Steel & Iron Products industry. The supplied data places the company in a Mid Cap category for context, with a market capitalisation of Rs 14,386.34 crore. For readers following NMDC Steel Company News or NMDC Steel Stock News, the most reliable factual frame is the company’s sector classification, market cap, valuation and return profile. The stock’s current price, earnings multiple, book-value multiple and return metrics are the clearest verified reference points available in this article.
Track NMDC Steel Share Price on Univest
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Readers can track NMDC Steel Share Price on Univest for live price updates, key valuation ratios, sector context, shareholding pattern, 52-week levels and company market insights. Univest also presents NMDC Steel Stock Analysis and NMDC Steel Share Price Live coverage in a simple format for day-to-day monitoring.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did NMDC Steel Share Price fall today?
Ans. The supplied data confirms NMDC Steel Share Price fell 5.42% to Rs 46.43 from Rs 49.09. It does not establish a company-specific catalyst, so the move should be read as a verified price event.
What was NMDC Steel Share Price Today?
Ans. NMDC Steel Share Price Today closed at Rs 46.43. The stock opened at Rs 48.26, touched Rs 48.43 at the day high and Rs 46.39 at the day low during the session.
What is NMDC Steel’s market capitalisation?
Ans. NMDC Steel’s market capitalisation is Rs 14,386.34 crore. In this article, that places the company in the Mid Cap category, which is used only as company-size context. The company operates in the Iron & Steel sector.
How does NMDC Steel compare with sector valuation?
Ans. NMDC Steel’s P/E is 171.94 versus the sector median of 20.03 and average of 35.64. Its P/B of 1.09 is below the sector median of 1.64 and average of 2.22.
What do NMDC Steel’s profitability ratios show?
Ans. NMDC Steel reports ROE of -16.6 and ROCE of -12.98. Both are below the sector medians of 8.99 and 12.19, which gives useful context to NMDC Steel Fundamental Analysis. ROE stands at -16.6%.
How does NMDC Steel compare with peers?
Ans. Compared with JSW Steel, Tata Steel, SAIL and APL Apollo Tubes, NMDC Steel has a far higher P/E and weaker return ratios. Its market cap is also below the selected peer figures shown here.
