NMDC has 10-15% upside, challenge is growing volumes: Edelweiss Securities
Prasad Baji, senior VP, institutional equities – research at Edelweiss Securities, thinks that NMDC stock could see upward momentum by 10-15 per cent in near term on account of NMDC's very strong balance sheet and monopoly position in India. However, he says that NMDC will face challenges in ramping up volumes.
