NMDC
End-of-day close · 3 Sept 2026
NMDC closed down 1.82% on 3 Sep 2026
A bearish engulfing pattern closed the session — a red candle whose body swallowed the previous day's entire green body — though the weight behind it was modest, with volume at roughly seven-tenths of the 20-day norm. The close slipped back below the 50-day average, leaving the price pinned between that level and the 200-day average, which still sits about a percent lower and continues to act as a nearby structural floor. Momentum gauges are collectively unremarkable: RSI near the midpoint, a slightly negative MACD histogram, and ADX around 15 all point to an absence of trend rather than a directional push. The stock has now drifted lower over the past five and twenty sessions alike, but the dips have been shallow — the close remains well above the 52-week low while sitting about fourteen percent below the 52-week high. Altogether, the data describes a stock consolidating in a narrow band with sellers briefly in control but no strong conviction on either side. Past performance is not indicative of future results.
The session
The close landed at ₹84.19 — the very bottom of the day's ₹84.19–₹86.87 span. Not much appetite for the stock either: 1,31,74,732 shares changed hands, just 0.7× the 20-day average, so participation stayed thin.
Trend structure
A mixed picture. The close is above the 200-day average (₹83.35) but below both the 20-day and the 50-day. And by the ADX (14) reading of 14.7, there is no trend of any strength here — a ranging market, plain and simple.
Momentum
The gauges can't agree, which is what a market without direction usually shows. RSI (14) sits at 45.4, in the space between the conventional oversold and overbought thresholds. The MACD histogram is negative — a statement about where the shorter average stands relative to the longer one, nothing more.
Volatility and range
A typical day lately has been worth about ₹2.17 — average true range over 14 sessions, or 2.57% of price. That is the yardstick against which today's move looks large or ordinary. The 20-day volatility band ran from ₹83.01 to ₹87.90, with the close finishing in the middle of it.
The year so far
The stock has spent the past year between ₹68.19 and ₹97.49. Today's close is 13.64% below that high and 23.46% above that low. Over five sessions it is up 1.78%; over twenty, 2.33% — the two horizons point the same way.
Fundamentals as reported
Market capitalisation stands at 74,247 crore, Basic Materials sector (Steel). The reported figures give a price-to-earnings ratio of 9.9 and a price-to-book of 2.2 — ratios as filed, not a view on whether they are deserved. The same filings show a debt-to-equity ratio of 18.8 and a dividend yield of 4.08%.
How often our range has been right
This page publishes a 1-day range, not a price call, and the range gets scored against what actually happened. Of 288 resolved 1-day ranges for this stock, the close landed inside the 20.0% range 79.86% of the time — a better result than the naive benchmark over the same window. A number below the nominal rate would mean the ranges have been too narrow; above it, too wide. Both outcomes are shown here, not kept in an internal report.
Recent closes
52-week range
13.6% below its high · 23.5% above its low
Company Events
Interim Dividend - Rs 2.50 Per Share
Dividend - Re 1 Per Share
Interim Dividend - Rs 2.30 Per Share
Source: NSE public corporate announcements. Factual only — no interpretation or recommendation.
Level to watch
The close sits 0.8% below the 50-day average (₹84.89).
What we said, what happened
Weekly · Next 5 sessions · 32 of 40 inside the range- 6 Jul: range ₹82.70 to ₹88.37, actual ₹84.13 — inside the range
- 7 Jul: range ₹81.67 to ₹87.22, actual ₹84.99 — inside the range
- 8 Jul: range ₹81.56 to ₹86.71, actual ₹84.89 — inside the range
- 9 Jul: range ₹81.99 to ₹87.14, actual ₹84.08 — inside the range
- 10 Jul: range ₹82.59 to ₹87.75, actual ₹83.22 — inside the range
- 13 Jul: range ₹81.99 to ₹86.76, actual ₹83.85 — inside the range
- 14 Jul: range ₹82.78 to ₹87.31, actual ₹83.93 — inside the range
- 15 Jul: range ₹82.83 to ₹87.34, actual ₹83.34 — inside the range
- 16 Jul: range ₹82.30 to ₹86.59, actual ₹82.64 — inside the range
- 17 Jul: range ₹81.45 to ₹85.49, actual ₹83.56 — inside the range
- 20 Jul: range ₹82.14 to ₹86.07, actual ₹83.52 — inside the range
- 21 Jul: range ₹82.42 to ₹86.09, actual ₹83.92 — inside the range
- 22 Jul: range ₹81.72 to ₹85.56, actual ₹85.85 — outside the range
- 23 Jul: range ₹80.97 to ₹84.58, actual ₹85.01 — outside the range
- 24 Jul: range ₹81.86 to ₹85.76, actual ₹85.04 — inside the range
- 27 Jul: range ₹81.67 to ₹85.51, actual ₹83.80 — inside the range
- 28 Jul: range ₹82.47 to ₹85.93, actual ₹84.20 — inside the range
- 29 Jul: range ₹84.04 to ₹88.12, actual ₹85.80 — inside the range
- 30 Jul: range ₹83.32 to ₹87.23, actual ₹86.20 — inside the range
- 31 Jul: range ₹83.40 to ₹86.99, actual ₹84.92 — inside the range
- 3 Aug: range ₹82.31 to ₹85.74, actual ₹85.48 — inside the range
- 4 Aug: range ₹82.79 to ₹86.17, actual ₹85.45 — inside the range
- 5 Aug: range ₹84.24 to ₹87.82, actual ₹85.90 — inside the range
- 6 Aug: range ₹84.63 to ₹88.19, actual ₹85.00 — inside the range
- 7 Aug: range ₹83.53 to ₹86.97, actual ₹84.40 — inside the range
- 10 Aug: range ₹84.10 to ₹87.27, actual ₹85.50 — inside the range
- 11 Aug: range ₹84.10 to ₹87.33, actual ₹84.19 — inside the range
- 12 Aug: range ₹84.68 to ₹87.72, actual ₹83.35 — outside the range
- 13 Aug: range ₹83.56 to ₹86.75, actual ₹83.95 — inside the range
- 14 Aug: range ₹83.13 to ₹86.35, actual ₹84.61 — inside the range
- 17 Aug: range ₹84.23 to ₹87.32, actual ₹85.90 — inside the range
- 18 Aug: range ₹82.62 to ₹85.66, actual ₹85.94 — outside the range
- 19 Aug: range ₹81.97 to ₹85.01, actual ₹88.21 — outside the range
- 20 Aug: range ₹82.55 to ₹85.85, actual ₹85.72 — inside the range
- 21 Aug: range ₹83.35 to ₹86.54, actual ₹86.76 — outside the range
- 24 Aug: range ₹84.46 to ₹88.05, actual ₹88.20 — outside the range
- 25 Aug: range ₹84.45 to ₹87.89, actual ₹85.69 — inside the range
- 26 Aug: range ₹86.52 to ₹90.66, actual ₹85.75 — outside the range
- 27 Aug: range ₹83.60 to ₹88.54, actual ₹84.19 — inside the range
- 28 Aug: range ₹84.62 to ₹89.49, actual ₹84.70 — inside the range
Shaded band = the range we published · dot = where the actual close fell within it
Where outcomes fell inside the range
Calibration
291 resolved forecasts
287 resolved forecasts
Each forecast was built only from data available on its own date — no hindsight. The range comes from historical volatility; direction is not forecast.
Recent change
| 5-day change | -1.78% |
|---|---|
| 20-day change | -2.33% |
Trend
| 50-DMAaverage closing price of the last 50 sessions | ₹84.89 |
|---|---|
| 200-DMAaverage closing price of the last 200 sessions | ₹83.35 |
Momentum
| MACD histogramthe gap between two moving averages of price | -0.029 |
|---|
Volume & volatility
| Volume | 1,31,74,732 |
|---|---|
| ATR (14)the average distance the price moves in a day | ₹2.17 |
Computed from public end-of-day exchange prices. No personal or account data of any kind.