Gujarat Mineral Development Corporation Ltd (GMDCLTD)
₹434.8▲3.94%
Gujarat Mineral Development Corporation Ltd share Performance
- ₹413.55₹445.4₹434.8
4.89%
Low
Day's Volatility:7.33%
High
2.44%
- ₹141₹506₹434.8
67.57%
Low
52 Weeks Volatility:83.95%
High
16.38%
| Returns % | |
| 1 Month Return | 25.23 % |
| 3 Month Return | -6.3 % |
| 1 Year Return | 186.24 % |
| Market Stats | |
| Previous Close | ₹418.30 |
| Open | ₹420.40 |
| Volume | 85.30L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,301.94Cr |
Analyst Rating
based on 1 analysts
Based on 1 analysts offering long term price targets for Gujarat Mineral Development Corporation Ltd. An average target of ₹170
Source: S&P Global Market Intelligence
Company Information
GMDC is involved in mining, exploration and production of minerals. Its core business operations include lignite mining, bauxite mining, fluorspar mining, calcined bauxite production, and wind power generation. GMDC is also engaged in the production of manganese ore, bentonite, and other minerals.
The company's top products include lignite, bauxite, calcined bauxite, and fluorspar. GMDC's lignite is used in thermal power plants, and its bauxite is used in the production of aluminium. The company's calcined bauxite is used in the manufacture of abrasives and refractories. GMDC's fluorspar is used in the production of hydrofluoric acid, cryolite, and aluminium fluoride. GMDC's popular brands include Gujarat Lignite, Gujarat Bauxite, Gujarat Calcined Bauxite, and Gujarat Fluorspar.
Share Price: ₹434.80 per share as on 26 Apr, 2024 04:01 PM
Market Capitalisation: ₹13,301.94Cr as of today
Revenue: ₹564.27Cr as on December 2023 (Q4 23)
Net Profit: ₹116.83Cr as on December 2023 (Q4 23)
Listing date: 07 Jan, 1998
Chairperson Name: Hasmukh Adhia
| Organisation | Gujarat Mineral Development Corporation Ltd |
| Headquarters | |
| Industry | Mining & Mineral products |
| E-voting on shares | Click here to vote |
Key events for Gujarat Mineral Development Corporation Ltd
Gujarat Mineral Development Corporation Ltd's Low P/E Ratio Raises Questions - 11 Apr, 2024
Gujarat Mineral Development Corporation Ltd has a low P/E ratio of 15.1x, which may seem like a strong buy compared to the Indian market. However, its earnings have been declining while most other companies are seeing positive growth, leading investors to believe that this trend will continue. Further analysis is needed before investing.
GMDC MD Suggests Investing in Mining and Oil Companies - 22 Mar, 2024
Roopwant Singh, GMDC's MD, suggests investing in mining and oil companies as coal will peak in 2035 while petrol and natural gas will peak by 2040. Non-conventional and renewable energy will go up to 2X-3X, but conventional energy will still see a rise of 5% to 10%. In Q3 FY24, GMDC's standalone net profit declined 55.61% YoY to Rs 117.47 crore, and revenue from operations fell 34.03% YoY to Rs 564.27 crore.
GMDC Appoints Anupma K. Iyer as CFO - 14 Mar, 2024
Gujarat Mineral Development Corporation has appointed Anupma K. Iyer as its new Chief Financial Officer and Key Managerial Personnel, effective March 11, 2024. With over 25 years of experience in finance and accounts functions, Iyer will replace L. Kulshrestha who is retiring from the company.
Gujarat Mineral Development Corporation Ltd sees growth in returns on capital employed - 13 Mar, 2024
Gujarat Mineral Development Corporation Ltd has experienced considerable growth in its ROCE over the last five years, with an ROCE of 12%. The stock has performed well and investors are taking note. Further research is recommended to determine if these trends will continue.
Fundamentals of Gujarat Mineral Development Corporation Ltd
Insights on Gujarat Mineral Development Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 459.74 Cr → 624.51 Cr (in ₹), with an average increase of 26.4% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.76% to 1.82% in Mar 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, GMDCLTD stock has moved up by 7.8%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, GMDCLTD has outperformed top 5 stocks with highest market-cap in Coal
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 74.59 Cr → 116.83 Cr (in ₹), with an average increase of 36.2% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 23.34% to 23.44% in Mar 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.03% to 0.06% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, GMDCLTD has outperformed top 5 stocks with highest market-cap in Coal
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 74.00% of holdings in Mar 2024 quarter
Gujarat Mineral Development Corporation Ltd Valuation
Gujarat Mineral Development Corporation Ltd in the last 5 years
Lowest (-63.87x)
May 11, 2021
Industry (13.28x)
April 26, 2024
Today (16.03x)
April 26, 2024
Highest (141.03x)
March 28, 2022
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 74% | 0.00 | |
| Foreign Institutions | 1.82% | 0.00 | |
| Mutual Funds | 0.06% | 0.00 | |
| Retail Investors | 23.44% | 0.00 | |
| Others | 0.69% | 0.00 |
Technicals of Gujarat Mineral Development Corporation Ltd share
News & Events of Gujarat Mineral Development Corporation Ltd
Frequently Asked Questions
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Gujarat Mineral Development Corporation Ltd (GMDCLTD) share price today is ₹434.8
Gujarat Mineral Development Corporation Ltd is listed on NSE
Gujarat Mineral Development Corporation Ltd is listed on BSE
- Today’s highest price of Gujarat Mineral Development Corporation Ltd is ₹445.4.
- Today’s lowest price of Gujarat Mineral Development Corporation Ltd is ₹413.55.
PE Ratio of Gujarat Mineral Development Corporation Ltd is 16.03
PE ratio = Gujarat Mineral Development Corporation Ltd Market price per share / Gujarat Mineral Development Corporation Ltd Earnings per share
Today’s traded volume of Gujarat Mineral Development Corporation Ltd(GMDCLTD) is 85.30L.
Today’s market capitalisation of Gujarat Mineral Development Corporation Ltd(GMDCLTD) is ₹13301.94Cr.
| Gujarat Mineral Development Corporation Ltd(GMDCLTD | Price |
|---|---|
52 Week High | ₹506 |
52 Week Low | ₹141 |
Gujarat Mineral Development Corporation Ltd(GMDCLTD) share price is ₹434.8. It is down -14.07% from its 52 Week High price of ₹506
Gujarat Mineral Development Corporation Ltd(GMDCLTD) share price is ₹434.8. It is up 208.37% from its 52 Week Low price of ₹141
| Gujarat Mineral Development Corporation Ltd(GMDCLTD | Returns |
|---|---|
1 Day Returns | 16.5% |
1 Month Returns | 25.23% |
3 Month Returns | -6.3% |
1 Year Returns | 186.24% |