Gujarat Mineral Development Corporation Sees Surge in Trading Activity Amid Sector Momentum

Jul 18 2025 03:00 PM IST
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Gujarat Mineral Development Corporation Ltd. has shown significant trading activity today, with a total volume of over 24 million shares. The stock reached a new 52-week high and has outperformed its sector recently, despite a decline in investor participation and a wide trading range.
Gujarat Mineral Development Corporation Ltd. (GMDCLTD) has emerged as one of the most active stocks today, reflecting significant trading activity in the minerals and mining sector. The company reported a total traded volume of 24,816,119 shares, with a total traded value of approximately Rs 103.39 lakhs.

The stock opened at Rs 380.00 and reached a new 52-week high of Rs 433.00, marking a notable intraday increase of 14.13%. The stock has shown a strong performance over the past two days, gaining 13.76% during this period and outperforming its sector by 12.48%.

Despite this upward trend, there has been a decline in investor participation, with delivery volume on July 17 falling by 14.66% compared to the five-day average. The stock has traded within a wide range of Rs 57.95 today, and it is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance relative to these benchmarks.

In summary, Gujarat Mineral Development Corporation Ltd. has demonstrated strong trading activity and performance metrics today, reflecting its current market position in the mid-cap segment of the minerals and mining industry.
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