SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GMDC shines on plan to set up centres of excellence for stone industry in North Gujarat

26 Dec 2012 Evaluate

GMDC is currently trading at Rs. 208.00, up by 1.95 points or 0.95% from its previous closing of Rs. 206.05 on the BSE.

The scrip opened at Rs. 206.35 and has touched a high and low of Rs. 209.90 and Rs. 205.35 respectively. So far 33,000shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 221.70 on 23-Nov-2012 and a 52 week low of Rs. 157.10 on 26-Dec-2011.

Last one week high and low of the scrip stood at Rs. 212.45 and Rs. 204.50 respectively. The current market cap of the company is Rs. 6,614 crore.

The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 19.83% and 6.17% respectively.

Gujarat Mineral Development Corporation (GMDC) is planning to establish centres of excellence for the stone industry in North Gujarat. The company may set up an international centre on mining safety with an industry partner.

GMDC intends to set up centers to provide skill enhancement to the entrepreneurs and youth in the industry while the international centre on mining safety and automation which would bring advanced technologies and methodology of mining. They are currently looking for the suitable partner from the industry as well as domestic and international universities for establishing the international centre on mining safety and automation.

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

GMDC Share Price

689.50 -1.90 (-0.27%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 443.10
NMDC 88.45
GMDC 689.50
Sandur Manganese 212.40
MOIL 322.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×