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NMDC re-rating

Why NMDC stock witnesses rally on Friday’s session despite weakness in metal sector? Kotak Institutional Equities lists key triggers

Why NMDC stock witnesses rally on Friday’s session despite weakness in metal sector? Kotak Institutional Equities lists key triggers

Fri, Nov 18, 2022

The brokerage added that prices and margins have bottomed out and the public sector company is a strong case of re-rating with improved capital allocation amid the demerger of a subsidiary.

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