Gujarat Mineral Development Corporation (GMDC) is currently trading at Rs. 99.55, down by 4.80 points or 4.60% from its previous closing of Rs. 104.35 on the BSE.
The scrip opened at Rs. 100.00 and has touched a high and low of Rs. 101.05 and Rs. 97.00 respectively. So far 79122 shares 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. 76.00 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 109.30 and Rs. 97.00 respectively. The current market cap of the company is Rs. 3164.10 crore.
The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 19.13% and 6.87% respectively.
Gujarat Mineral Development Corporation (GMDC) has reported results for the second quarter ended September 30, 2013.
The company has reported a fall of 72.56% in its net profit of Rs 46.32 crore for the quarter as compared to Rs 168.82 crore for the same quarter in the previous year. Total income of the company has decreased by 53.70% at Rs 205.75 crore for quarter under review as compared to Rs 444.34 crore for the quarter ended September 30, 2012.
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.
