Gujarat Mineral Development Corporation Reaches All-Time High Amid Strong Market Performance

Gujarat Mineral Development Corporation (GMDC) has experienced significant activity today, reaching an all-time high of Rs. 535.8. This milestone reflects a robust performance, with the stock outperforming its sector by 4.37%. Over the past two days, GMDC has shown a remarkable gain of 16.89%, indicating a strong upward trend.
Today's trading session saw GMDC achieve an intraday high of Rs. 535.8, marking a 5.34% increase. The stock has exhibited high volatility, with an intraday volatility rate of 45.58%. Notably, GMDC is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum in its price trajectory.

In terms of performance metrics, GMDC has delivered impressive returns across various time frames. Over the past month, the stock has risen by 33.29%, while its year-to-date performance stands at 66.87%. Over the last three years, GMDC has achieved a staggering 212.93% increase, and over five years, the stock has surged by an extraordinary 1099.00%. These figures highlight GMDC's strong market position within the minerals and mining industry.