Current price is less than the intrinsic value

Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

A total of 14 Electric Vehicles have been introduced replacing conventional vehicles. The company has always believed in green energy and environmental responsibility as a mining company. This initiative is the company’s contribution towards a

Gujarat Mineral Development Corporation introduces EVs at its corporate office

The statement comes in the wake of media reports about Telangana industries and commerce minister K T Ramarao’s allegation that a large number of lignite mines were allocated to Gujarat Mineral Development Corporation (GMDC) following the nomination method.

No special rule or scope for special treatment to any state in coal block allocation: Govt

Companies such as Chennai Petroleum, Dr. Reddy’s Lab, GHCL, TTK Healthcare, GMDC, IRB Infrastructure, South Indian Bank, Jaiprakash Power, and Tata Coffee, among others, have made record profits in April-September of the current fiscal.

For these stars, H1 profits higher than last full year

State-owned GMDC on Tuesday reported nearly four-fold
rise in its consolidated profit at Rs 151.2 crore for the quarter ended September 30, 2022

GMDC’s Q2 net profit surges nearly four-fold to Rs 151 crore

Gujarat Mineral Development Corporation (GMDC) rallied 3.11% to Rs 145.75 after the company reported a consolidated net profit of Rs 151.22 crore in Q2 FY23, steeply higher than Rs 40.46 crore recorded in Q2 FY22.

GMDC spurts after Q2 PAT jumps to Rs 151 cr

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Stocks that will see action on October 18, 2022

State-run GMDC on Thursday said it is contemplating to conduct a study to determine the economic viability of setting up a rare earth elements processing unit in Gujarat

GMDC to study economic viability of rare earth elements processing unit

Gujarat Mineral Development Corporation (GMDC) “is looking at conducting a scoping study to determine the economic viability of the project and outline at least one opportunity to develop the processing plant for the deposit at Ambadongar, Chotaudepur district in Gujarat state in India,” the PSU sai…

GMDC to study economic viability of rare earth elements processing unit in Gujarat

The REE exploration project will create high possibilities of producing REE ore in India.

GMDC aims to make Gujarat a rare earth processing hub in India

GMDC scouts for consultant for pyrite, sulphur removal plant

RFPs invited for technology consultants for pyrite/sulphur removal plant in Bhavnagar

GMDC to rope in consultants to set up modular lignite washery

Gujarat Mineral Development Corporation Limited is a holding company. The Company operates through two segments: Mining and Power.

Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Gujarat Mineral Development Corporation introduces EVs at its corporate office

No special rule or scope for special treatment to any state in coal block allocation: Govt

For these stars, H1 profits higher than last full year

GMDC’s Q2 net profit surges nearly four-fold to Rs 151 crore

GMDC spurts after Q2 PAT jumps to Rs 151 cr

Stocks that will see action on October 18, 2022

GMDC to study economic viability of rare earth elements processing unit

Gujarat Mineral Development Corporation Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Gujarat Mineral Development Corporation introduces EVs at its corporate office

No special rule or scope for special treatment to any state in coal block allocation: Govt

For these stars, H1 profits higher than last full year

GMDC’s Q2 net profit surges nearly four-fold to Rs 151 crore

GMDC spurts after Q2 PAT jumps to Rs 151 cr

Stocks that will see action on October 18, 2022

GMDC to study economic viability of rare earth elements processing unit

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock