Gujarat Mineral Development Corporation Share Price
₹363.85 +5.9 (1.65%)
05 Nov, 2024 17:30
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GMDCLTD
Performance
- Low
- ₹356
- High
- ₹366
- 52 Week Low
- ₹307
- 52 Week High
- ₹506
- Open Price₹359
- Previous Close₹358
- Volume907,840
Investment Returns
- Over 1 Month + 8.9%
- Over 3 Month -7.97%
- Over 6 Month -18.9%
- Over 1 Year + 11.18%
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Gujarat Mineral Development Corporation Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 18.2
- PEG Ratio
- -0.5
- Market Cap Cr
- 11,570
- P/B Ratio
- 1.9
- Average True Range
- 15.85
- EPS
- 19.3
- Dividend Yield
- 2.6
- MACD Signal
- 0.16
- RSI
- 51.04
- MFI
- 85.77
Gujarat Mineral Development Corporation Financial
| Indicator | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 |
|---|---|---|---|---|---|
| Net Sales/Income from operations | 593.01 | 818.13 | 750.75 | 564.27 | 382.74 |
| Total Income From Operations | 593.01 | 818.13 | 750.75 | 564.27 | 382.74 |
| P/L Before Interest, Excpt. Items & Tax | 183.23 | 250.28 | 255.64 | 161.57 | 111.71 |
| P/L Before Exceptional Items & Tax | 182.53 | 249.59 | 254.40 | 161.01 | 111.14 |
| P/L After Tax from Ordinary Activities | 129.18 | 184.57 | 204.12 | 117.48 | 76.46 |
| Net Profit/Loss For the Period | 129.18 | 184.57 | 204.12 | 117.48 | 76.46 |
Gujarat Mineral Development Corporation Technicals
EMA & SMA
-
- Bullish Moving Average 10
-
- Bearish Moving Average 6
- 20 Day
- ₹356.08
- 50 Day
- ₹359.58
- 100 Day
- ₹369.08
- 200 Day
- ₹367.34
Resistance and Support
- R3 389.75
- R2 380.75
- R1 369.35
- S1 348.95
- S2 339.95
- S3 328.55
Gujarat Mineral Development Corporation Corporate Actions - Bonus, Splits, Dividends
| Date | Purpose | Remarks |
|---|---|---|
| 2024-10-22 | Quarterly Results | (Revised) per share(100%)Dividend |
| 2024-07-26 | Quarterly Results | |
| 2024-05-27 | Audited Results & Dividend | |
| 2024-02-09 | Quarterly Results | |
| 2023-11-01 | Quarterly Results |
Gujarat Mineral Development Corporation F&O
About Gujarat Mineral Development Corporation
GoG is promoting GMDC, which will hold 74% of the shares as of June 30, 2023. The two main businesses that GMDC is involved in are mining and electricity generating. Opencast lignite, bauxite, fluorspar, manganese, silica sand, limestone, and bentonite mine exploration is a task for GMDC. The Panandhro lignite mine is the only one in the state of Gujarat where the firm works; the other mines are in Rajpardi, Tadkeshwar, Bhavnagar, Panandhro, and Mata-No-Madh. In addition to lignite, GMDC manages bauxite mines in Gujarat. The districts of Kutch (eight mines) and Dwarka (one mine) are home to the bauxite mines. The 250 MW lignite-based thermal power plant, the 200.9 MW wind power plant, and the 5 MW ground-mounted solar power plant make up GMDC's power generation division.
Gujarat Mineral Development Corporation is primarily engaged in 2 sectors i.e. mining and power. Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar.
Minerals & Metals:
The company mines and extracts different minerals and metals such as lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite and ball clay [1] from various districts in Gujarat such as Kutch, Surat, Baroda, Rajkot, Jamnagar, Porbandar, Amreli, Bhavnagar and others.
Business Operations
a. Lignite Operations: During FY22, the Co. operated 5 lignite mines in India. It produced an aggregate ~86 lakh MT of lignite from these mines. At present, it caters to 25% of Gujarat's total demand for lignite, and plans to gain 30-35% of this market space by FY 24-25.
b. Power Projects: The Co. successfully operated its 2 x 125 MW Akrimota Thermal Power Station during FY22, generating ~590 MUs with a Plant Load Factor of 27%. With this, the cash losses from the power project reduced significantly.
c. Wind and Solar Power: The Co. has wind farm projects of 200.9 MW capacity at different locations in Gujarat, and a 5 MW Solar Power Project. The Wind Power plant achieved ~20% PLF generating ~326 MUs; whereas the Solar Power plant achieved 16% CUF (Capacity Utilization Factor), generating ~7 MUs.
d. Bauxite and Manganese: The Co. has bauxite mines at Kutch and Devbhumi. During FY22, it sold 1.5 Lakh MT of plant grade bauxite and ~2.5 Lakh MT of non-plant grade bauxite from these mines, combined. It sold 0.7 Lakh MT of Sub grade Manganese during FY22.
- NSE Symbol
- GMDCLTD
- BSE Symbol
- 532181
- Managing Director
- Mr. Roopwant Singh
- ISIN
- INE131A01031
Gujarat Mineral Development Corporation FAQs
Gujarat Mineral Development Corporation share price is ₹363 As on 05 November, 2024 | 17:16
The Market Cap of Gujarat Mineral Development Corporation is ₹11570.4 Cr As on 05 November, 2024 | 17:16
The P/E ratio of Gujarat Mineral Development Corporation is 18.2 As on 05 November, 2024 | 17:16
The PB ratio of Gujarat Mineral Development Corporation is 1.9 As on 05 November, 2024 | 17:16
Important metrics for analyzing Gujarat Mineral Development Corporation share price include: 1. ROE, 2. Debt to Equity Shows the company's low debt level, implying financial stability.
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