The Orissa Minerals Development Company Ltd. (ORISSAMINE) Share Price Rises 8.16% Today

The Orissa Minerals Development Company Ltd. Share Price rises 8.16% today, reaching Rs 4,082.65 with a market cap of Rs 2,264.88 crore.

The Orissa Minerals Development Company Ltd. Share Price has experienced a notable increase today, rising by 8.16% to reach Rs 4,082.65. With a market capitalisation of Rs 2,264.88 crore, this development is noteworthy for investors tracking the mining sector. The day's trading session saw the stock open at Rs 4,199, reaching a high of the same value, while the low was recorded at Rs 3,999.2. The total volume traded across BSE and NSE was 138,788 shares, indicating active participation in today's rally.

The Orissa Minerals Development Company Ltd. (ORISSAMINE) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 4,082.65
Previous Close	Rs 3,774.8
Today's Change	+Rs 307.85 (+8.16%)
Day Open	Rs 4,199
Day High	Rs 4,199
Day Low	Rs 3,999.2
Current Volume (BSE)	9,204
BSE Traded Volume	9,204
NSE Traded Volume	1,29,584
Combined NSE + BSE Volume	1,38,788
Turnover	Rs 3.76 crore
Market Capitalisation	Rs 2,264.88 crore
Market Cap Category	Small Cap

The Orissa Minerals Development Company Ltd. (ORISSAMINE) traded at Rs 4,082.65. versus the previous close of Rs 3,774.8, a rise of 8.16%. The stock opened at Rs 4,199, reached Rs 4,199, touched Rs 3,999.2. Reported volume was 9,204.

The Orissa Minerals Development Company Ltd. (ORISSAMINE) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 2,264.88 crore
P/E Ratio	-841.78x
P/B Ratio	-41.57x
ROE	-105.54%
ROCE	-5.93%
EPS	Rs -4.85
Dividend Yield	0%

The Orissa Minerals Development Company Ltd. was valued at a P/E ratio of -841.78x, a P/B ratio of -41.57x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -105.54% and ROCE of -5.93%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs -4.85, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Mining
Industry	Mining & Minerals
Benchmark Scope	same industry
Company P/E Ratio	-841.78x
Benchmark Median P/E	10.45x
Benchmark Average P/E	10.45x
Benchmark P/E Range	10.24x to 10.66x
Company P/B Ratio	-41.57x
Benchmark Median P/B	0.77x
Company ROE	-105.54%
Benchmark Median ROE	4.44%
Company ROCE	-5.93%
Benchmark Median ROCE	4.84%
Company Market Capitalisation	Rs 2,264.88 crore
Benchmark Median Market Cap	Rs 130.71 crore

The Orissa Minerals Development Company Ltd. (ORISSAMINE) is classified under sector: Mining and industry: Mining & Minerals.

The Orissa Minerals Development Company Ltd. (ORISSAMINE) has a P/E ratio of -841.78x, which is below the benchmark median of 10.45x, a difference of -8,155.31%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

The Orissa Minerals Development Company Ltd. (ORISSAMINE) has a ROE of -105.54%, which is below the benchmark median of 4.44%, a difference of -2,477.03%. The Orissa Minerals Development Company Ltd. (ORISSAMINE) has a ROCE of -5.93%, which is below the benchmark median of 4.84%, a difference of -222.52%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
20 Microns Ltd.	20MICRONS	719.32	10.66	1.47	14.91	19.75
ASI Industries Ltd.	ASIIL	247.62	10.24	0.88	4.68	4.23
RAW Edge Industrial Solutions Ltd.	RAWEDGE	13.8	0	0.66	-2.16	2.93
Kachchh Minerals Ltd.	KACHCHH	13.64	0	14.93	11.33	8.64
Rajdarshan Industries Ltd.	ARENTERP	12.76	0	0.63	4.2	5.44

The Orissa Minerals Development Company Ltd. (ORISSAMINE) has a P/E ratio of -841.78x compared with the displayed peer median of 0x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -105.54% compares with a peer median of 4.68% across the companies shown in the table. ROCE stood at -5.93% versus the displayed peer median of 5.44%, providing a capital-efficiency comparison. The Orissa Minerals Development Company Ltd. (ORISSAMINE) has a market capitalisation of Rs 2,264.88 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching The Orissa Minerals Development Company Ltd.

Investors are closely monitoring The Orissa Minerals Development Company Ltd. due to its significant price rise today and its position within the Mining sector.

• Price Action: The share price rose by 8.16% today, reaching Rs 4,082.65.
• Technical Position: The RSI indicates weak momentum at 33.94.
• Fundamental Context: Negative P/E and ROE suggest financial challenges.
• Sector Positioning: Highest market cap among peers despite valuation issues.

Investors should continue to watch the company's financial performance and market position within the industry to assess future potential.

About The Orissa Minerals Development Company Ltd.

The Orissa Minerals Development Company Ltd. is a key player in the Mining sector, focusing on the Mining & Minerals industry. The company is involved in the exploration and mining of minerals, contributing significantly to the industry. Despite its substantial market presence, the company faces financial challenges, as reflected in its negative earnings and valuation metrics. The company's operations are crucial to the mining industry, providing essential resources and contributing to the sector's overall performance.

Track The Orissa Minerals Development Company Ltd. Share Price on Univest

Use The Orissa Minerals Development Company Ltd. (ORISSAMINE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track The Orissa Minerals Development Company Ltd. Share Price on Univest for real-time updates. Univest provides comprehensive insights into technical indicators, fundamental ratios, shareholding patterns, and market trends. Stay informed about the company's performance and industry developments through Univest's detailed analysis and market insights.

Frequently Asked Questions

What is the current share price of The Orissa Minerals Development Company Ltd.?

Ans. The current share price of The Orissa Minerals Development Company Ltd. is Rs 4,082.65, reflecting an 8.16% increase from the previous close of Rs 3,774.8. The stock moved 8.16% during the session.

Why did The Orissa Minerals Development Company Ltd. share price rise today?

Ans. The share price rose by 8.16% today, but the data does not establish a specific company-related catalyst for this price movement. The stock moved 8.16% during the session. The intraday range extended from Rs 3,999.2 to Rs 4,199.

What is the market capitalisation of The Orissa Minerals Development Company Ltd.?

Ans. The market capitalisation of The Orissa Minerals Development Company Ltd. is Rs 2,264.88 crore, categorising it as a Small Cap company. The company operates in the Mining sector. Its P/E ratio is -841.78x.

How does The Orissa Minerals Development Company Ltd. compare to its peers?

Ans. The company has the highest market cap among its peers but shows weaker financial metrics such as negative P/E and ROE compared to peers like 20 Microns Ltd. Comparable listed companies include 20 Microns Ltd., ASI Industries Ltd., RAW Edge.

What is the sector context for The Orissa Minerals Development Company Ltd.?

Ans. The company operates in the Mining sector, specifically in Mining & Minerals, with a market cap that is the highest among six industry peers. The stock belongs to the Mining sector.

What is the P/B ratio of The Orissa Minerals Development Company Ltd.?

Ans. The P/B ratio of The Orissa Minerals Development Company Ltd. is -41.57, significantly below the industry median of 0.77, indicating valuation challenges. The company trades at a P/E ratio of -841.78x.