NMDC shares: Up 83% in 1 year, Motilal sees 29% upside on largest iron ore miner

NMDC shares last traded at 4.5 times FY26 estimated EV/Ebitda and 1.7 times FY26 estimated book value. The stock delivered 83 per cent return in the past one year against 95 per cent return by the BSE PSU index during the same period.

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