NMDC - 4QFY2013 Result Preview - Angel Broking

NMDC is slated to announce its 4QFY2013 results today. We expect the company's top line to increase by 2.5% yoy to Rs. 2,659cr on account of increase in sales volumes. On the operating front, EBITDA margin is expected to increase by 58bp yoy to 76.7%. The bottom line is expected to increase by 4.7% yoy to Rs. 1,721cr.

We maintain our Buy view on the stock with a target price of Rs. 179.

Source : Equity Bulls

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