Share Price of GMDC Share price
- Current Price: ₹462 – ₹464 range today, up ~1–2% from yesterday’s close of ₹457.50
- Day’s Range: ₹457 – ₹472.40, near 52‑week high
- 52‑Week Range: ₹226.59 to ₹472.40
- Volume: Several million shares traded daily, reflecting healthy liquidity
GMDC Share price
Market Metrics & Fundamentals of GMDC Share
| Metric | Value |
| Market Cap | ₹14.5–14.8 k Cr |
| P/E Ratio (TTM) | 21.4 × – 21.6 × |
| Book Value Per Share | ₹201–202 |
| Dividend Yield | 2.1–2.2% |
| ROE | 10.7–11% |
| Debt/Equity Ratio | 0.02–0.03 (very low debt) |
| EBITDA Margin | 22.4% |
Recent Price Trends & Technical Setup of GMDC Share
- Strong Momentum: Up ~17–22% in the past month/week; +16% year-over-year
- Trading near 52‑Week High: Often seen as bullish, though raises questions about further upside
- Technical Signals: TradingView flags it as Strong Buy, supported by bullish indicators
Company Background & Outlook
- Overview: GMDC, a Gujarat government PSU, operates in mining (lignite, bauxite, fluorspar, manganese, silica sand, limestone) and power generation (thermal, solar, wind)
- Financial Performance: Last quarter logged revenue ₹904 Cr (+17.8% QoQ) and net profit ₹226 Cr
- Capital Efficiency: ROE ~11%, ROCE ~14.2%, minimal debt—signaling efficient operations
- Future Plans: Exploring joint ventures (e.g., NALCO refinery, rare earth processing) could spur long-term growth
Bottom Line GMDC Share price
GMDC is a well-managed PSU with strong fundamentals—high cashflows, low leverage, and attractive dividends. Recent price gains are backed by robust operational performance and bullish technical signals. However, valuation appears elevated, and analyst cautions suggest weighing near-term upside.
Ideal for investors seeking a mid-cap, dividend-paying play in mining/power with a long-term horizon. Short-term traders might wait for a price correction or further technical confirmation before entering.
Gujarat Mineral Development Corporation (GMDC): A Comprehensive Overview
Gujarat Mineral Development Corporation Ltd. (GMDC) is one of India’s leading state-owned enterprises operating in the mining and minerals sector. Established by the Government of Gujarat, GMDC has played a pivotal role in the industrial and economic development of the state and the country by tapping into mineral resources and promoting sustainable energy solutions.
About of GMDC
👉 Full Name: Gujarat Mineral Development Corporation Limited
👉 Founded: 15 May 1963
👉 Headquarters: Ahmedabad, Gujarat, India
👉 Ownership: Public Sector Undertaking (PSU) under the Government of Gujarat
👉 Listed on: BSE and NSE
👉 Website: www.gmdcltd.com
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GMDC was set up with the vision to harness Gujarat’s rich mineral resources and promote sustainable mining practices. Over the years, the corporation has diversified into various sectors including lignite mining, bauxite, fluorspar, and power generation.
Key Business Segments of GMDC Share price
1. Lignite Mining
GMDC is India’s second-largest lignite producer. The company operates multiple lignite mines across Gujarat, primarily used for thermal energy and industrial applications.
2. Bauxite Mining
GMDC holds significant bauxite reserves and supplies the mineral to aluminum industries across the country.
3. Other Minerals
GMDC also explores and mines minerals like fluorspar, manganese, silica sand, and limestone, contributing to various sectors like glass, steel, and chemicals.
4. Power Generation
GMDC has diversified into energy through:
- Thermal Power Plant (250 MW in Kutch)
- Renewable Energy: Wind and solar power initiatives that reflect its commitment to green energy.
Recent Developments
- Expansion in Rare Earths: GMDC has entered into strategic discussions for rare earth mineral processing, aligning with India’s “Make in India” and critical mineral security goals.
- Renewable Energy Push: The corporation is actively investing in solar and wind power to reduce its carbon footprint.
- Joint Ventures: Collaborations with companies like NALCO for alumina refineries and downstream products.
Conclusion
Gujarat Mineral Development Corporation (GMDC) is a pillar of India’s mineral and energy landscape. With a diversified portfolio, strong financials, and a focus on sustainability, GMDC continues to serve as a model PSU delivering economic value and societal impact.
As India moves towards self-reliance in critical minerals and green energy, GMDC is well-positioned to play a major role in the country’s future.
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