Why is GMDC falling/rising?

Sep 09 2025 10:19 PM IST
share
Share Via
As of 09-Sep, Gujarat Mineral Development Corporation Ltd. is seeing a stock price decline to Rs 523.00, down 2.97%, after two days of gains. Despite this short-term drop, the stock has performed well over the past week and year-to-date, indicating strong long-term growth potential.
As of 09-Sep, Gujarat Mineral Development Corporation Ltd. is experiencing a decline in its stock price, currently at Rs 523.00, which reflects a decrease of Rs 16.0 or 2.97%. The stock has underperformed its sector by 2.71% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 514.9, indicating a drop of 4.47%. Despite this decline, the stock has shown strong performance over the past week, with a return of 18.93%, and has outperformed the benchmark Sensex significantly over various periods, including a year-to-date increase of 62.47%. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 91.90%. However, there has been a decrease in investor participation, with delivery volume falling by 3.57% against the five-day average, which may contribute to the current price drop.

In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has only increased by 1.18% over the past week. While GMDC has shown impressive returns over the long term, including a 211.49% increase over three years, the current decline may reflect short-term profit-taking or market corrections after a strong upward trend. The stock remains liquid enough for trading, but the recent drop in delivery volume suggests a potential cooling of investor interest, which could further impact its price movement in the near term.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News