Tag Archives: NMDC

Buy NMDC Ltd For Target Rs.180.00

1QFY18 adj. EBITDA grew 98% YoY (+13% QoQ) to INR16.2b, exceeding the estimate by 7%, due to higher regional and mix premiums. EBITDA is adjusted for (a) rail line doubling payment of INR411m and (b) expected credit loss of INR815m,… Read More »