NMDC Steel Limited’s (NSE:NSLNISP) stock price dropped 4.8% last week; state or government would not be happy

Key Insights

  • Significant control over NMDC Steel by state or government implies that the general public has more power to influence management and governance-related decisions
  • India owns 61% of the company
  • 18% of NMDC Steel is held by Institutions

A look at the shareholders of NMDC Steel Limited (NSE:NSLNISP) can tell us which group is most powerful. We can see that state or government own the lion’s share in the company with 61% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

As market cap fell to ₹131b last week, state or government would…

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