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5Y
Max
Open587
High598.9
Low585.8
Prev. Close589.55
Avg. Traded Price593.77
Volume3,53,808

MARKET DEPTH

info2
Total bid94634.00
Total ask302916.00
OrdersQtyBid
271592.25
4111592.2
357592.15
3378592.1
571592.05
AskQtyOrders
592.75329
592.8118
592.854101
592.96135
592.957154

HIGH/LOW

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1d
1w
1m
3m
52w

LOW/HIGH

579.602 days ago
588.402 days ago
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LOWER/UPPER CIRCUITS

469.35
703.95
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Gujarat Mineral Development Corpn Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Net Profit,rose 39.5% in the last year to ₹956.67 Cr. Its sector's average net profit growth for the last fiscal year was 29.28%.
noteQuarterly Revenue,rose 3.53% YoY to ₹968.94 Cr. Its sector's average revenue growth YoY for the quarter was 11.89%.
noteInterest Coverage Ratio,is 121.52, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 33.44%
Net profit growth 5Y CAGR : 22.81%
Gujarat Mineral Development Corpn Ltd Top mutual funds holding
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About GMDC Limited 

 

Gujarat Mineral Development Corporation Ltd. (GMDC) is a Government of Gujarat enterprise and one of India’s foremost mining and mineral processing companies, recognised as the country’s foremost merchant seller and the second-largest producer of lignite. Its operations span mining and power, with capabilities in thermal, wind and solar generation, anchored in Gujarat and expanding into Odisha. The company supplies lignite, bauxite, manganese and silica sand to 3,000+ registered customers across industries such as textiles, chemicals, ceramics, bricks, refractories, abrasives and captive power; exports are Nil. Markets served: National (2 states).

 

GMDC operates five lignite mines across Kutch, South Gujarat and Bhavnagar, and a diversified power portfolio comprising thermal, wind and solar. In FY 2023-24, lignite production was 63.71 Lakh MT; thermal generation, 451.96 MUs; wind, 330.92 MUs; and solar, 6.72 MUs. The company reported 456 MW of installed power capacity. GMDC maintains zero debt on its books.

GMDC Limited  Key milestones include:

  • Establishing two 125 MW thermal units at Nani Chher, Kutch (business diversification and value addition to lignite).
  • Commissioning wind turbines in Gujarat; later enhancing wind capacity by 50 MW; and installing a 5 MW solar plant on reclaimed mined land at Panandhro, a first-of-its-kind initiative.
  • Opening lignite mines at Mata No Madh (Kutch), Tadkeshwar (Surat), Umarsar (Kutch), and near Bhavnagar, and emerging as the largest merchant seller of lignite in India
  • Launching Project SHIKHAR (organisation-wide transformation) and Project DISHA (thermal power turnaround).

 

GMDC Limited Key Management

  • Dr. Hasmukh Adhia, IAS (Retd.) – Chairman
  • Roopwant Singh, IAS – Managing Director
  • Anupma Iyer – General Manager (Accounts) & Chief Financial Officer
  • Joel Evans – Company Secretary

 

Latest Updates on GMDC Limited

  • Acquisition of mining blocks: GMDC completed a historic acquisition of two coal mining blocks in Odisha—Burapahar (548 MT) and Baitarni West (1,097 MT)—with operations targeted to commence within the next three years. An MoU with Gujarat Urja Vikas Nigam Ltd. (GUVNL) aims at efficient utilisation of coal from these mines; ongoing lignite and coal-based power projects are poised to enhance capacity by 5,650 MW.
  • Ramping up of core Lignite Business: The company is ramping up its core lignite business with six new lignite mines under development, representing 300+ Million Tonnes of mineable reserves, to be launched between FY 2026 and FY 2028.
  • Rare Earths and critical minerals focus: GMDC launched the Sustainable Rare Earth (SURE) project and was nominated as a prospective lessee by the Department of Atomic Energy (Government of India) for mining REEs and associated minerals.
  • Operational excellence: A Quality Control Cell was set up; labs are being upgraded towards NABL accreditation, with a move towards GCV-based pricing. Bauxite sales volumes rose 64% and silica sales volumes 157% in the latest year.
  • Power reliability: A comprehensive revamp of the Akrimota Thermal Power Station is underway to improve efficiency and reduce costs from fiscal 2025.
  • Recognition: GMDC was ranked 469th in the Fortune India 500 in FY 2023-24
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Frequently Asked Questions

The all-time high (ATH) for Gujarat Mineral Development Corpn Ltd was ₹746.75, recorded on 16 Apr 2026. At the current price of ₹581.50, the stock is trading 22.13% below its all-time high. The all-time low recorded was ₹29.85 on 27 Mar 2020.

Yes,Gujarat Mineral Development Corpn Ltd has declared a consistent dividend every year over the past 5 years. The company paid a total dividend of 44.90 per share between FY2022 and FY2026, with the most recent dividend of ₹9.50 per share for May 26. At the current market price of ₹581.50, the trailing dividend yield of Gujarat Mineral Development Corpn Ltd stands at 19.65%.

Gujarat Mineral Development Corpn Ltd has delivered a 755.15% absolute return over the past 5 years, equivalent to a CAGR of 53.61% per annum. The stock was priced at ₹68.00 in Jul 2021 and has risen to ₹581.50 as of 18 Jul 2026. An investment of ₹1,00,000 in Gujarat Mineral Development Corpn Ltd five years ago would be worth ₹8,55,150.00 today.

For Q4 FY26, Gujarat Mineral Development Corpn Ltd reported: Revenue (Net Sales): ₹8140.50 Cr - Up 40.56% year-on-year from ₹5791.50 Cr in Q3 FY26. Net Income (PAT): ₹2211.80 Cr - Up 63.66% year-on-year from ₹1351.50 Cr in Q3 FY26.

As of 18 Jul 2026, the share price of Gujarat Mineral Development Corpn Ltd is ₹581.50 on the NSE and ₹581.55 on the BSE. The stock opened at ₹598.00, touched a high of ₹600.50 and a low of ₹579.60 during today's session.

Over the last 6 months, Gujarat Mineral Development Corpn Ltd has given a return of 7.88%. The stock was priced at ₹539.00 on 19 Jan 2026 and has Rise to ₹581.50 as of 18 Jul 2026, a change of ₹42.50 per share.

Gujarat Mineral Development Corpn Ltd has delivered a return of -15.88% over the last 3 months. The stock was trading at ₹736.90 on 17 Apr 2026 and is currently at ₹581.50 as of 18 Jul 2026, reflecting a Loss of ₹155.40 per share over this period.

The intraday high for Gujarat Mineral Development Corpn Ltd on the NSE today (18 Jul 2026) was ₹600.50. This compares to the 52-week high of ₹771.90 recorded on 17 Apr 2026. Today's high was -22.20% below the 52-week high.

Gujarat Mineral Development Corpn Ltd has delivered 33.59% return over the last 52 weeks. During this period, the stock hit a 52-week high of ₹771.90 on 17 Apr 2026 and a 52-week low of ₹379.70 on 01 Aug 2025. It is currently trading at ₹581.50 as of 18 Jul 2026.

The intraday low for Gujarat Mineral Development Corpn Ltd on the NSE today was ₹579.60. The stock's 52-week low stands at ₹379.70, recorded on 01 Aug 2025. Today's low is 52.65% above the 52-week low, indicating the stock is trading well above its yearly lows.

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