Today Is the Last Day to Buy NMDC for Its 100% FY26 Dividend, With the Stock Deeply Oversold

NMDC Limited's shares are likely to draw investor interest today, the last date to buy the stock and still qualify for its 100 percent dividend for financial year 2026, ahead of the record date of 5 October 2026. Investors who purchase shares after today's session will not be eligible for this particular payout, since Indian equity settlement requires share purchases to settle by the record date to appear on the company's shareholder register.

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NMDC, a Navratna public sector enterprise and India's largest iron ore miner, has a track record of consistent dividend payouts tied to its mining profits. This article covers the dividend, the stock's live levels, and the risks for investors considering a purchase ahead of the record date.

What the NMDC Dividend Record Date Means

Item	Detail
Dividend	100% of face value for FY26
Record date	5 October 2026
Last day to buy and qualify	1 October 2026 (today)
Current dividend yield	4.56%
Classification	Navratna Central Public Sector Enterprise

A 100 percent dividend on NMDC's face value of Rs 1 per share translates to Re 1 per share, which combined with the company's other payouts through the year contributes to its overall 4.56 percent trailing dividend yield, a relatively high payout for a large-cap stock.

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NMDC Share Price Today: Numbers and Technical Levels

Metric	Value (1 Oct, 10:12 AM)
NMDC share price	Rs 76.54 (up 0.07%)
Previous close	Rs 76.49
52-week high / low	Rs 97.49 / Rs 72.24
RSI (14-day)	22.6
SuperTrend	Bearish, resistance at Rs 81.83
20-day average	Rs 81.06
Market cap	Rs 67,512 crore
P/E vs industry P/E	9.06 vs 10.39
Dividend yield	4.56%

The NMDC share price is just 6.0 percent above its 52-week low of Rs 72.24 and 21.5 percent below its 52-week high of Rs 97.49. An RSI of 22.6 is deeply oversold, and the SuperTrend indicator remains bearish with resistance at Rs 81.83, above the stock's 20-day average of Rs 81.06.

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Valuation and Income Behind the NMDC Share Price

NMDC trades at a P/E of 9.06 against an industry average of 10.39, a modest discount. Return on equity of 21.87 percent and debt to equity of just 0.19 support the case for the stock as a steady, lower-leverage dividend payer, even as the near-term technical picture remains weak.

Risks for the NMDC Share Price

Iron ore price cyclicality is the central risk, since NMDC's profit, and by extension its ability to sustain high dividend payouts, is tied to steel demand and ore pricing cycles that can swing with the broader economy. An RSI near 23 suggests the stock is technically oversold, which has not prevented further weakness in the past and should not be read as a guarantee of a near-term bounce. Buying purely to capture a dividend, a practice sometimes called dividend stripping, can also result in the share price adjusting downward by a similar amount post record date, which can offset some of the income benefit for very short-term holders.

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Conclusion

Today is the last day to buy NMDC shares and qualify for its 100 percent FY26 dividend ahead of the 5 October record date, with the stock offering a 4.56 percent yield even as it remains deeply oversold with an RSI of 22.6. A reasonable valuation and low debt support the income case, while iron ore price cyclicality and the usual post-record-date price adjustment are factors to weigh. Investors deciding whether to buy NMDC shares should watch the Rs 81.06 average as resistance, follow stop-loss levels and consult a SEBI-registered adviser.

Frequently Asked Questions

What is the NMDC share price today?

Ans. The NMDC share price was Rs 76.54 at 10:12 AM on 1 October 2026, up 0.07 percent from Rs 76.49.

What is NMDC's dividend record date?

Ans. The record date is 5 October 2026, and today, 1 October 2026, is the last day to buy shares and still qualify for the 100 percent FY26 dividend.

What is NMDC's current dividend yield?

Ans. The trailing dividend yield is 4.56 percent, among the higher payouts for a large-cap PSU stock.

Is the NMDC share price oversold?

Ans. Yes. The RSI of 22.6 is deeply oversold, and the stock is just 6.0 percent above its 52-week low of Rs 72.24.

Is the NMDC share price attractively valued?

Ans. The P/E of 9.06 is a modest discount to the industry average of 10.39.

What are the key technical levels for the NMDC share price?

Ans. The key levels are SuperTrend resistance at Rs 81.83 and the 20-day average of Rs 81.06. The RSI is 22.6.

What happens to the NMDC share price after the record date?

Ans. Stocks often adjust downward by roughly the dividend amount after the record date, a normal market mechanism rather than a company-specific negative signal.

Should I buy NMDC shares just for the dividend?

Ans. Buying purely to capture a dividend can see the price adjust down afterward, offsetting some of the benefit for short-term holders. Consider the longer-term fundamentals and consult a SEBI-registered adviser.