Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation Ltd Share Price Today: Live Updates & Key Insights

Get insights on Gujarat Mineral Development Corporation Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Gujarat Mineral Development Corporation Ltd Share Price Chart

Gujarat Mineral Development Corporation Ltd Fundamentals

Traded Volume: 56,52,675

Market Cap(Cr): 15,547

Avg Traded Price 496.62

1 Year return 52.02%

Upper Circuit 511.8

Lower Circuit 484.1

P/E TTM 15.00

P/B Ratio 32.00

Traded Value(Cr) 27635.93

EPS TTM 31.553

Book value 31.553

Dividend 2.00%

Gujarat Mineral Development Corporation Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Gujarat Mineral Development Corporation Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Gujarat Mineral Development Corporation Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -16.98%

1M -15.44%

3M +16.43%

1Y +52.02%

YTD +57.52%

Gujarat Mineral Development Corporation Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Gujarat Mineral Development Corporation Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 26.64L

Day Before Yesterday 37.13L

1W Avg 35.25L

1M Avg 28.90L

3M Avg 74.30L

Gujarat Mineral Development Corporation Ltd Technical Details

Gujarat Mineral Development Corporation Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 478

Support 2 467

Support 3 450

Pivot Point : 495

Resistance 1 506

Resistance 2 523

Resistance 3 534

Gujarat Mineral Development Corporation Ltd Corporate Actions

Gujarat Mineral Development Corporation Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Gujarat Mineral Development Corporation Ltd’s capital allocation strategies.

All

Ex-Date 18-Sep-2025 Type D Description 10.10/share@505.00% Record Date 18-Sep-2025 Ratio 505.00

Ex-Date 20-Sep-2024 Type D Description 9.55/share@477.50% Record Date - Ratio 477.50

Ex-Date 22-Sep-2023 Type D Description 11.45/share@572.00% Record Date - Ratio 572.00

Ex-Date 22-Sep-2022 Type D Description 4.30/share@215.00% Record Date - Ratio 215.00

Ex-Date 17-Nov-2021 Type D Description 0.20/share@10.00% Record Date - Ratio 10.00

Ex-Date 22-Dec-2020 Type D Description 2.00/share@100.00% Record Date - Ratio 100.00

Ex-Date 20-Sep-2019 Type D Description 2.00/share@100.00% Record Date - Ratio 100.00

Ex-Date 20-Sep-2017 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 21-Sep-2016 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 23-Sep-2015 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 18-Sep-2014 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 16-Sep-2013 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 17-Sep-2012 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 19-Sep-2011 Type D Description 3.00/share@150.00% Record Date - Ratio 150.00

Ex-Date 17-Sep-2010 Type D Description 2.50/share@125.00% Record Date - Ratio 125.00

Ex-Date 17-Sep-2009 Type D Description 2.00/share@100.00% Record Date - Ratio 100.00

Ex-Date 16-Oct-2008 Type B Description share@1:1 Record Date 17-Oct-2008 Ratio 1:1

Ex-Date 01-Sep-2008 Type D Description 2.00/share@100.00% Record Date - Ratio 100.00

Ex-Date 08-Nov-2007 Type S Description share@1:5.00 Record Date 16-Nov-2007 Ratio 1:5.00

Ex-Date 14-Sep-2007 Type D Description 10.00/share@100.00% Record Date - Ratio 100.00

Dividends

Announcement Date 18-Sep-2025 Ex Dividend Date 18-Sep-2025 Dividend(%) 505

Announcement Date 20-Sep-2024 Ex Dividend Date 20-Sep-2024 Dividend(%) 478

Announcement Date 22-Sep-2023 Ex Dividend Date 22-Sep-2023 Dividend(%) 572

Announcement Date 22-Sep-2022 Ex Dividend Date 22-Sep-2022 Dividend(%) 215

Announcement Date 17-Nov-2021 Ex Dividend Date 17-Nov-2021 Dividend(%) 10

Announcement Date 22-Dec-2020 Ex Dividend Date 22-Dec-2020 Dividend(%) 100

Announcement Date 20-Sep-2019 Ex Dividend Date 20-Sep-2019 Dividend(%) 100

Announcement Date 20-Sep-2017 Ex Dividend Date 20-Sep-2017 Dividend(%) 150

Announcement Date 21-Sep-2016 Ex Dividend Date 21-Sep-2016 Dividend(%) 150

Announcement Date 23-Sep-2015 Ex Dividend Date 23-Sep-2015 Dividend(%) 150

Announcement Date 18-Sep-2014 Ex Dividend Date 18-Sep-2014 Dividend(%) 150

Announcement Date 16-Sep-2013 Ex Dividend Date 16-Sep-2013 Dividend(%) 150

Announcement Date 17-Sep-2012 Ex Dividend Date 17-Sep-2012 Dividend(%) 150

Announcement Date 19-Sep-2011 Ex Dividend Date 19-Sep-2011 Dividend(%) 150

Announcement Date 17-Sep-2010 Ex Dividend Date 17-Sep-2010 Dividend(%) 125

Announcement Date 17-Sep-2009 Ex Dividend Date 17-Sep-2009 Dividend(%) 100

Announcement Date 01-Sep-2008 Ex Dividend Date 01-Sep-2008 Dividend(%) 100

Announcement Date 14-Sep-2007 Ex Dividend Date 14-Sep-2007 Dividend(%) 100

Bonus

Record Date 17-Oct-2008 Ex-Bonus Date 16-Oct-2008 Ratio 1:1

Splits

Record Date 16-Nov-2007 Split Date 08-Nov-2007 Face Value (Before/After) 10.00/2.00

Others

Rights No Rights has been declared by GMDCLTD

Gujarat Mineral Development Corporation Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Gujarat Mineral Development Corporation Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Gujarat Mineral Development Corporation Ltd's relative performance and valuation against major competitors.

Stock Name Coal India Ltd ₹378.20 (-0.38%) M. Cap (Cr) 2330.74 1 Yr Return (%) -6.85% P/E (TTM) 7.47 PB Ratio 2.35

Stock Name Lloyds Metals & Energy Ltd ₹1223.00 (-3.24%) M. Cap (Cr) 646.36 1 Yr Return (%) +33.67% P/E (TTM) 35.81 PB Ratio 11.17

Stock Name NMDC Ltd ₹73.51 (-1.28%) M. Cap (Cr) 646.29 1 Yr Return (%) +1.34% P/E (TTM) 9.20 PB Ratio 2.28

Stock Name Gujarat Mineral Development Corporation Ltd ₹488.90 (-4.15%) M. Cap (Cr) 155.47 1 Yr Return (%) +52.02% P/E (TTM) 15.49 PB Ratio 2.42

Stock Name Tega Industries Ltd ₹1900.20 (-1.30%) M. Cap (Cr) 126.43 1 Yr Return (%) +8.72% P/E (TTM) 53.47 PB Ratio 10.10

Stock Name Sandur Manganese & Iron Ores Ltd ₹202.69 (-2.54%) M. Cap (Cr) 98.53 1 Yr Return (%) +43.93% P/E (TTM) 16.44 PB Ratio 3.77

Stock Name Ashapura Minechem Ltd ₹726.95 (-2.10%) M. Cap (Cr) 69.44 1 Yr Return (%) +192.25% P/E (TTM) 17.43 PB Ratio 6.55

Gujarat Mineral Development Corporation Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Gujarat Mineral Development Corporation Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 1061.97 Mar 2024 109.99 Mar 2023 933.90 Mar 2022 -213.61 Mar 2021 149.89

PARTICULARS Investing Activities Mar 2025 -811.98 Mar 2024 236.54 Mar 2023 -788.24 Mar 2022 21.49 Mar 2021 85.51

PARTICULARS Financing Activities Mar 2025 -183.14 Mar 2024 -364.55 Mar 2023 -137.27 Mar 2022 -6.62 Mar 2021 -63.60

PARTICULARS Net Cash Flow Mar 2025 66.85 Mar 2024 -18.01 Mar 2023 8.39 Mar 2022 -198.75 Mar 2021 171.81

Gujarat Mineral Development Corporation Ltd Shareholding Pattern

This shows the ownership breakdown of Gujarat Mineral Development Corporation Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 74.0%

Public 21.92%

Other Institutions 0.62%

FII 3.32%

Mutual Funds 0.14%

About Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation Limited (GMDC), established by the Government of Gujarat, in May, 1963, is a mining and mineral processing company in India. The company is the largest merchant seller of Lignite in India. The company produces lignite, bauxite, calcined bauxite, fluorspar and manganese ore. They are also engaged in the generation of power. The company offers lignite for various industrial units, including textiles, chemicals, ceramics, bricks, and captive power. GMDC has a promoter shareholding of 74%, with the state government holding this stake. The remaining shareholding is distributed among various investors, including FIIs, DIIs, and retail investors. Lignite mining is the main operation of the company. GMDC currently has 6 operational Lignite mines with annual production capacity of 90 Lac Tonne per Annum (LTPA). The mines are located in Kutch, South Gujarat and Bhavnagar region. GMDC's Bauxite mines are located in the districts of Kutch as well as Devbhoomi Dwarka in Gujarat. The Bauxite deposits of Gujarat are clustered deposits with numerous pocket deposits present in near-by vicinity.The company commenced their operations; with small sand crushing plant at Surendranagar, which supplied graded sand to consumers all over the State. The sand was used by various manufacturers of sodium silicate and glass industries. In the year 1968, the company commenced their next project, which was beneficiation of fluorspar, a rare mineral essential for basic industries, like refining of steel manufacturing of aluminium, hydrochloric acid, foundry flux and welding electrodes among others. In the early 70's the company commenced mining of lignite in Kutch district. In the year 1984, the company started mining operations at Rajpardi near Ankleshwar. They supplied lignite to majority of the textile industries from this mine.In October 1997, the Government of Gujarat came out with an offer for sale of 82,68,000 equity shares of Rs 10 each at Rs 140 thereby diluting their stake to 74%. The Government intends to disinvest further equity in a period of 24 months so as to bring down their holding in GMDC to 49%-51%.During the year 2004-05, the company commenced their operations in the mine at village Tadkeshwar in Surat district, which was leased by the company. The company commissioned the Sea Water Intake System, Desalination Plant, Fuel Oil Handling System, Cooling Water System and Air Compressor System & Other Auxiliary Systems. During the year 2004-05, the company signed a MoU with RBG Minerals Industries, Udaipir for developing the Ambaji Group Mining and a concentration project. In December 15, 2004, the company completed the refractory dry out procedure of the Boiler Unit I lead to light up of the Boiler by oil. After the light up, steam blowing activities were undertaken and the first unit was successfully synchronized with GEB Grid on March 31, 2005.During the year 2005-06, after commissioning of the Material Handling System, the first unit was taken on Lignite Trials and successfully reached its rated capacity of 125 MW by end of October 2005. The second unit was lighted up on October 10, 2005 and was successfully synchronized with the Grid on December 12, 2005. Lignite dispatch from Tadkeshwar started from March 2006 on commercial basis During the year 2006-07, the company executed a MoU with Gokul Refoils & Solvents Ltd for setting up of 125 MW captive power plant based on lignite from Tadkeshwar mine. Also, they executed a MoU with Jaypee Associates Ltd, New Delhi, for setting up a 2.4 MTPA cement plant based on limestone.During the year, the company entered into a joint venture with Gujarat Power Corporation and formed a company namely, Bhavnagar Energy Company Ltd for 500 MW lignite based power plant at Bhavnagar. The unit 2 of power projects at Nani-Chher started commercial operation from May 1, 2005 and the unit 1 was commercialized from March 12, 2007.During the year 2007-08, the company signed a MoU with Aluchem Inc, USA for setting up of 1 million TPA capacity Alumina based chemicals and speciality products based on Bauxite deposits. Also, the company was granted work permit by the Government of Gujarat for lifting of 1 lakh MT of Manganese Waste Dump from Shivrajpur in Baroda.In September 2007, the company started mining production in Amod Lignite Mine near Rajpardi. The mining operations in Bhavnagar mine were commenced in April 2008 and the lignite production is expected to start from September-October 2008.GMDC started operations in Umarsar Lignite Mine and Mevasa Bauxite Mine in FY 2014-15 that added further value to company's mining business.During the year ended 31 March 2016, GMDC commenced setting up of another 50 MW of wind power among which 4 MW has already been commissioned.The power generations of GMDC's Akrimota Thermal Power Station (ATPS) had crossed 1400 million units for the first time in FY 2016. These improvements in continuous generation were attributed mainly to the fast response time to any breakdowns by M/s KEPCO (Korea Electric Power Corporation) and addressing various technical shortfalls by timely procurement of spares.To implement the project for setting up 125 MW Power plant in Joint Venture between GMDC and M/s. Gokul Refoils & Solvents Limited, a JVC under the name of M/s. Gujarat Gokul Power Limited was incorporated. The required land for the project was purchased and related project activities will be started.GMDC started bauxite mining operations at its Mewasa Bauxite Mines in Devbhoomi Dwarka district of Gujarat from 28 April 2015. The annual production capacity of this mine is 1.25 lakh MT.During the year ended 31 March 2017, GMDC's Akrimota Thermal Power Station has turned around and performed very well by producing 1392 MUs having 63.6% PLF. During the year under review, GMDC completed setting up of another 50 MW of wind power. Manganese oxide, manganese dioxide and manganese sulphate plants set by Aikya Chemicals Private Limited JVC has been commissioned and production will start soon. GMDC invested Rs. 2.5898 crore as equity in the company during the year under report.GMDC's Akrimota Thermal Power Station (ATPS) generated 446.267 Million Units with 82.64 % PLF in Q4 of FY 17-18 which is ever highest quarterly power generation. Also in month of March 2018, power generation remained 155.242 Million Unit with 83.46 % PLF, which is also ever highest monthly Power generation in ATPS.During the year 2017-18, GMDC completed about 35,000 meters of core drilling within allotted Panandhro Extension & Bharkhandam lignite blocks and established about 55 mt of lignite and about 1250 mt of cement grade limestone deposit in western Kutch region. Similarly, GMDC also completed about 20,000 meters of core drilling in Ghala Lignite Block in Surat district and established lignite reserves of the order of 21 million tones. In addition, GMDC also carried out geological mapping with help of satellite images & GIS technology over possible bauxite & laterite bearing areas in Kutch and established additional bauxite bearing areas for stage - II exploration.During the year 2018-19, the Company operated six lignite mines, namely, Panandhro, Mata-No-Madh, Rajpardi, Tadkeshwar, Bhavnagar and Umarsar Lignite Mines. During the year under review, 91.90 lakh MT of lignite were produced from these mines.In the Financial year 2018-19, Company sold 1,11,560.60 MT of (<52% Al2O3) Non Plant Grade Bauxite along with 6,636.93 MT of mine dust from Gadhsisa Group of mine, District Kutch.In the Financial year 2018-19, Company sold 5,125.48 MT (> 52% Al2O3) Plant Grade Bauxite and 54,513.74 MT of (<52% Al2O3) Non Plant Grade Bauxite from Mevasa Mine, District Devbhoomi Dwarka.In the Financial year 2018-19, Company sold 48,713.68 MT of Sub grade Manganese Ore from Waste dump of Shivrajpur Project, District Panchmahal.During the year 2018-19, Bhavnagar Energy Company Ltd. has been merged with Gujarat State Electricity Corporation Ltd. vide Notification dated 27th August 2018 issued by Energy and Petrochemicals Department, Government of Gujarat. GMDC has been given one share of GSECL of Rs 10/- fully paid against the total investment of Rs 29,765 lakh in 29,76,50,000 equity shares of BECL of Rs 10 each, fully paid.In 2019-20, the Company operated five lignite mines, namely, Mata-No-Madh, Rajpardi, Tadkeshwar, Bhavnagar and Umarsar. Manganese Oxide, Manganese dioxide and Manganese Sulphate plant set by JVC was commissioned.In 2022, the Company ventured into the harnessing of wind energy. A 200 MW wind turbine was commissioned at Kutch, Porbandar, Devbhumi Dwarka, Jamnagar, Rajkot and Bhavnagar in 2022. In 2023, the Company started refurbishing of 250 MW Akrimota thermal power plant at Nani Chher, with a reported plant load factor of 38%. GMDC got two coal blocks at Odisha - the Burapahar Block in Sundargarh district with a geological reserve of 548 MT; and the Baitarani (West) Block in Angul district of Odisha with a geological reserve of 1,097 MT. It launched a Project Disha for turnaround of Thermal Power Station in 2023. In 2024, GMDC launched Project Sustainable Rare Earth (SURE). It announced the addition of six new lignite mines operational at Lakhpat-Punrajpar, Ghala, Damlai, Valia, Panandhro Extension, and Bharkandam during the year, resulting in augmentation of reserves by more than 300 Million Tones. The Company generated 452 million units of power at Akrimota Thermal Power Station (ATPS) at Nani Chher Plant in FY24. The Company emerged as the highest bidder of two coal blocks at Odisha - the Burapahar block in Sundargarh district, with a geological reserve of 548 MT; and the Baitarni (West) block in Angul District, with a geological reserve of 1,097 MT in FY24.In FY 2024-25, GMDC operated a renewable energy portfolio of 205.9 MW, comprising seven wind power projects totalling 200.9 MW and a 5 MW solar plant at Panandhro. At Kadipani, work began on fluorite beneficiation to improve ore quality and increase marketability. At Rajpardi, initiatives were undertaken to assess and enhance the processing of existing glass sand reserves. Meanwhile, new blocks in Kutch, namely Panandhro Extension, Lakhpat, Punarajpar and Bharkandam, were identified for their high-grade limestone potential, particularly for pharmaceutical and food-grade applications in 2025. Project Disha launched in collaboration with external expert, focused on the turnaround of Akrimota Thermal Power Station (ATPS). Based on a comprehensive assessment, the company opted for an asset turnaround strategy aimed at restoring ATPS as a reliable power asset. With L&T-S&L serving as Project Management Consultant, GMDC engaged leading technical partners including Honeywell (for DCS and instrumentation upgrade), OEM Ansaldo and Power Mech Projects (for boiler, ESP, and turbine overhaul), and Macgele (for BOP systems).

Chairman & Non Executive Dir.

Hasmukh Adhia

Registered office Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur, Ahmedabad, Gujarat, 380052

FAX :91-079-27913200/3501/1662/1680/0665

Background

Incorporation Year 1963

Face Value ₹2.00

Market Lot 1

Gujarat Mineral Development Corporation Ltd Latest News

VIEW MORE NEWS

FAQs on Gujarat Mineral Development Corporation Ltd