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ORISSAMINEThe Orissa Minerals Development Company Limited

Metals · Steel · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

The Orissa Minerals Development Company Limited mines and markets iron ore and manganese ore in India. It produces and sells sponge iron. The company was incorporated in 1918 and is headquartered in Bhubaneswar, India. The Orissa Minerals Development Company Limited is a subsidiary of Eastern Investments Limited.

₹3,296.80
▲ 2.03%
31Weak

Mkt Cap
₹1,978 Cr
P/E
616.2
P/B
-36.2
Div Yield
0.00%
52W High
₹5,544.00
52W Low
₹3,026.60

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,978.20
P/E616.22
P/B-36.22
PEG6.62
ROE %—
ROCE %-21.70
Debt / Equity—
EPS5.35
Revenue Growth %331.50
Profit Growth %92.80
Dividend Yield %0.00
Promoter Holding %57.65
FII Holding %9.95
DII Holding %—
Beta0.60

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 68%

Why avoid

  • • Overall evidence is weak (AlgoScore 31/100)
  • • ROCE: -21.7%
  • • Valuation vs sector: P/E 616.2 vs sector 18.2
  • • RSI: 31
  • • MACD: bearish

⚖️ 1 bullish pattern setup is currently active on this stock. Pattern setup-quality percentages measure how cleanly a chart formation developed — they are not an endorsement of the company. Short-term traders may still trade those setups with strict stops; the AVOID verdict reflects the overall risk/fundamental profile for holding.

Bull case

  • • Revenue growth: 331.5% YoY
  • • Profit growth: 92.8% YoY
  • • Promoter holding: 57.6%
  • • Trend strength (ADX): 38

Bear case

  • • ROCE: -21.7%
  • • Valuation vs sector: P/E 616.2 vs sector 18.2
  • • RSI: 31
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • ROCE: -21.7%
  • • Valuation vs sector: P/E 616.2 vs sector 18.2

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹3,296.80
Stop Loss
₹2,996.33
risk 9.1%
Target 1 (1.5R)
₹3,747.50
+13.7%
Target 2 (3R)
₹4,198.20
+27.3%
Support (20d)
₹3,026.60
Resistance (52w)
₹5,544.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹300.47/share
ATR (volatility)
₹141.10
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹141.10). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental50
Technical30
Momentum1
Risk (safety)44

Peers — Metals

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SHYAMMETL▼ 0.45%
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JSWSTEEL▲ 6.28%
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SAMBHV▲ 0.36%
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