Gujarat Mineral Development Corporation is currently trading at Rs 86.40, down by 3.20 points or 3.57% from its previous closing of Rs. 89.60 on the BSE.
The scrip opened at Rs. 88.95 and has touched a high and low of Rs. 88.95 and Rs. 86.00 respectively. So far 63118 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.00 on 14-Oct-2014 and a 52 week low of Rs. 86.00 on 10-Aug-2015.
Last one week high and low of the scrip stood at Rs. 92.95 and Rs. 86.00 respectively. The current market cap of the company is Rs. 2750.70 crore.
The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 17.58% and 8.42% respectively.
Gujarat Mineral Development Corporation (GMDC) has reported a fall of 43.66% in its net profit at Rs 73.54 crore for the quarter ended June 30, 2015 as compared to Rs 130.54 crore for the same quarter in the previous year. The company’s total income has decreased by 21.67% to Rs 356.74 crore for the quarter under review, from Rs 455.41 crore for the corresponding quarter of the previous year.
GMDC is engaged in business of mining and mineral processing. The company manufactures two grades of fluorspar namely acid and metallurgical. It owns two bauxite reserve located at Kutch and Jamnagar
