GMDC is currently trading at Rs. 167.70, up by 2.05 points or 1.24% from its previous closing of Rs. 165.65 on the BSE.
The scrip opened at Rs. 163.55 and has touched a high and low of Rs. 168.55 and Rs. 163.55 respectively. So far 7553 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 194.00 on 07-Sep-2011 and a 52 week low of Rs. 101.70 on 10-Feb-2011.
Last one week high and low of the scrip stood at Rs. 180.05 and Rs. 162.45 respectively. The current market cap of the company is Rs. 5267.67 crore.
The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 19.15% and 6.85% respectively.
State-run Mining major Gujarat Mineral Development Corporation (GMDC) has reported results for the quarter ended September 30, 2011.
The company‘s net profit for the quarter increased by 12.16% at Rs 62.62 crore as compared to Rs 55.83 crore for the quarter ended September 30, 2010. The company’s total income has increased by 1.59% to Rs 258.81 crore for the September quarter of the year 2011 from Rs 254.76 crore for the corresponding quarter of the year 2010.
The company during the quarter under review reported that its lignite mining generated total revenue of Rs 185 crore, which constitutes about 71 per cent of GMDC's total revenues generated during the quarter. Revenues from bauxite stood Rs 40 crore during the quarter.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 89.78 |
| GMDC | 733.40 |
| Sandur Manganese | 218.35 |
| MOIL | 327.60 |
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