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Deccan Gold Mines Ltd

Deccan Gold Mines Ltd (512068)

₹126.35▲4.51%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Deccan Gold Mines Ltd share Performance

₹122
₹132.5
₹126.35
3.44%
Low
Day's Volatility:8.31%
High
4.87%
₹42.1
₹158.95
₹126.35
66.68%
Low
52 Weeks Volatility:92.48%
High
25.80%

Returns %
1 Month Return	-2.7 %
3 Month Return	-9.3 %
1 Year Return	169.45 %

Market Stats
Previous Close	₹120.90
Open	₹122.00
Volume	5.89L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹1,780.45Cr

Company Information

Deccan Gold Mines Limited (DGML) is an India-based company involved in gold exploration and mining. It has exploration projects in Karnataka, Andhra Pradesh and Rajasthan which include the Dharwar-Shimoga belt project, Hutti-Maski belt projects, Ramgiri belt project and Mangalur belt project in an area of 5329 sq km. Rama Mines Mauritius Ltd. acquired a majority stake in the company in 2001 and its name was changed to Deccan Gold Mines Limited in 2003. In 2004, a rights issue was undertaken to increase the paid up capital of the company to Rs.5 crore. In 2006, the company allotted 70 lakh shares to SUN Mining and Exploration Ltd to further strengthen its core. DGML entered into agreements with its associated companies Geomysore Services India Pvt. Ltd. and Indophil Resources Exploration Services Pvt. Ltd. for the transfer of Prospecting Licences in the Dharwar-Shimoga North and South Hutti, Ramgiri and Mangalur Prospecting blocks. The associated companies were originally granted Reconnaissance Permits to undertake exploration activities in these prospecting blocks.

Share Price: ₹126.35 per share as on 06 May, 2024 04:01 PM
Market Capitalisation: ₹1,780.45Cr as of today
Revenue: ₹0.06Cr as on December 2023 (Q4 23)
Net Profit: ₹-9.46Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001
Chairperson Name: Kailasam Sundaram

Organisation	Deccan Gold Mines Ltd
Headquarters	Bengaluru
Industry	Mining & Mineral products
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Key events for Deccan Gold Mines Ltd

Deccan Gold Mines to Raise Funds for Project Development - 12 Apr, 2024
Deccan Gold Mines has approved raising funds up to Rs 58.70 crore for the development of its Jonnagiri and Kyrgyzstan gold projects. The company aims to commence gold production in Jonnagiri by the end of October 2024 and in Kyrgyzstan by the end of 2024.
Deccan Gold Mines Discovers Gold and Lithium Reserves in Tanzania - 20 Mar, 2024
Deccan Gold Mines' Tanzanian unit has discovered gold and lithium reserves in Tanzania, marking a significant milestone in its expansion endeavors. The discovery includes high-grade quartz veins up to 8.52 g/t gold grade and a prospecting license for Lithium covering an area of 100.49 sq.km.

Fundamentals of Deccan Gold Mines Ltd

Insights on Deccan Gold Mines Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Best in 1 Year
In the last 1 year, Dec.Gold Mines has outperformed top 5 stocks with highest market-cap in Gold
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 0.01 Cr → 0.32 Cr (in ₹), with an average increase of 81.9% per quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, Dec.Gold Mines has outperformed top 5 stocks with highest market-cap in Gold
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 72.17% to 72.46% in Mar 2024 quarter
NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 1.88% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 25.93% to 25.64% in Mar 2024 quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, -0.83 Cr → -9.46 Cr (in ₹), with an average decrease of 272.9% per quarter
NEGATIVE IMPACT
Price Dip
In the last 6 months, Dec.Gold Mines stock has moved down by -18.1%