Gujarat Mineral Development Corporation Faces Continued Decline Amid Broader Market Challenges

Gujarat Mineral Development Corporation has experienced a significant decline today, with a drop of 5.33% as of July 28, 2025. The stock has underperformed its sector by 4.11%, marking its fourth consecutive day of losses, totaling a decline of 10.11% over this period. The stock opened lower, with an initial loss of 4.55%, and reached an intraday low of Rs 410.65, reflecting a decrease of 5.4%.
In terms of moving averages, the stock remains above the 20-day, 50-day, 100-day, and 200-day moving averages, yet it is below the 5-day moving average, indicating mixed short-term performance.

In the broader market context, the Sensex has also faced challenges, falling by 418.28 points to 80,881.69, a decline of 0.71%. The index has been on a downward trend, losing 1.96% over the past three weeks. Despite today's downturn, Gujarat Mineral Development Corporation has shown resilience over longer periods, with a remarkable 157.83% increase over the past three years and an impressive 905.04% rise over the last five years.