NMDC share price has witnessed remarkable volatility in the last few months. Shares of India's largest and state-owned iron ore producer have been under pressure, mirroring weak market sentiment.
However, experts seem to have turned positive about the stock at the current juncture as they note the iron ore player is poised for solid growth in the next few years.
Falling for the second consecutive session, NMDC share price declined almost 2 per cent in intraday trade on the BSE on Tuesday, February 25.
This PSU stock has been under pressure after hitting a 52-week high of ₹95.35 on May 21 last year. It touched its 52-week low of ₹59.70 on January 13 this year.
Over the last year, the mineral stock has declined about 17 per cent. It has witnessed notable volatility lately as, on the monthly scale, it has been swinging between gains and losses since September last year.
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