GM

Gujarat Mineral Development Corporation LtdNSE GMDCLTD Stock Report

Last reporting period 30 Sep, 2023

Updated 17 Sep, 2024

Last price

Market cap $B

0.242

Micro

Exchange

XNSE - National Stock Exchange Of India

GMDCLTD.NS Stock Analysis

GM

Uncovered

Gujarat Mineral Development Corporation Ltd is uncovered by Eyestock quantitative analysis.

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-34.8 %

Overvalued

Market cap $B

0.242

Dividend yield

4.05 %

Shares outstanding

318 B

Gujarat Mineral Development Corp. Ltd. engages in the development of mineral resources. The company is headquartered in Ahmedabad, Gujarat and currently employs 1,023 full-time employees. The company operates through two segments: Mining and Power. Its minerals and mines projects include Lignite, Bauxite, Fluorspar, Manganese, Silica Sand, Limestone, Bentonite and Ball Clay. The Power products include thermal power, solar power, and wind power. The company operates five lignite mines, namely, Mata-No-Madh, Rajpardi, Tadkeshwar, Bhavnagar and Umarsar Lignite Mines. The company has bauxite mining operations at its Mewasa Bauxite Mines in Devbhoomi Dwarka, a district of Gujarat. Fluorspar project is located in Kadipani, a district of Baroda. Manganese project is located at Shivrajpur, district of Panchmahal. Power project is located at Nani Chher, a district of Kutch. Its Wind Farm projects of 200.9 megawatts are situated at different locations in Gujarat, and a five-megawatt peak Solar Power Project is situated at Panandhro Lignite Project.

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