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Deccan Gold Mines soars on getting Rs 60 crore investment commitment for gold projects

26 Jun 2024 Evaluate

Deccan Gold Mines is currently trading at Rs. 113.65, up by 5.45 points or 5.04% from its previous closing of Rs. 108.20 on the BSE.

The scrip opened at Rs. 109.75 and has touched a high and low of Rs. 118.00 and Rs. 109.50 respectively. So far 728701 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 158.95 on 03-Nov-2023 and a 52 week low of Rs. 48.00 on 26-Jun-2023.

Last one week high and low of the scrip stood at Rs. 111.00 and Rs. 101.80 respectively. The current market cap of the company is Rs. 1676.02 crore.

The promoters holding in the company stood at 25.64% while Institutions and Non-Institutions held 1.88% and 72.48% respectively.

Deccan Gold Mines has received Rs 60 crore investment commitment to develop its Jonnagiri Gold Project in India and Altyn Tor Gold Project in Kyrgyzstan. The investment comes from Ardent Steel, Hira Infra Tek, and Med Edu Care Marketing Management. The funds are expected to be disbursed over the next couple of months.

Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.


Deccan Gold Mines Share Price

106.63 1.00 (0.95%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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