Key Events This Week
11 May: Stock opens at Rs.662.90 amid broad market sell-off
12 May: Continued decline to Rs.643.00 as Sensex drops sharply
13 May: Recovery to Rs.663.55 following positive market cues
14 May: Marginal gain to Rs.663.80 despite Sensex rally
15 May: Quarterly results reveal margin pressures; stock closes at Rs.652.90
Are Gujarat Mineral Development Corporation Ltd. latest results good or bad?
2026-05-15 19:25:32Gujarat Mineral Development Corporation Ltd. (GMDC) reported its Q4 FY26 results, showcasing a complex financial landscape. The company achieved a record net sales figure of ₹814.05 crores, reflecting a significant sequential growth of 40.56% from the previous quarter. However, year-on-year growth in sales was modest at 3.53%, indicating challenges in maintaining momentum compared to the prior year. On the profitability front, GMDC's net profit reached ₹194.09 crores, marking a notable sequential increase of 45.87%. Yet, this figure represents a decline of 14.20% compared to the same quarter last year, raising concerns about the sustainability of profit levels. The operating margin, excluding other income, fell sharply to 12.80%, down from 24.62% in the previous year, highlighting significant operational challenges and margin compression. The company's reliance on non-operating income was pronounced, with...
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GMDC Q4 FY26: Strong Quarter-on-Quarter Recovery Masks Year-on-Year Decline
2026-05-15 17:17:24Gujarat Mineral Development Corporation Ltd. (GMDC), the state-owned mining and mineral processing enterprise, reported a consolidated net profit of ₹194.09 crores for Q4 FY26, marking a robust 45.87% quarter-on-quarter recovery from the preceding quarter's ₹133.06 crores. However, the year-on-year picture remains subdued, with profits declining 14.20% from ₹226.22 crores in Q4 FY25. The stock, trading at ₹652.90 with a market capitalisation of ₹20,562 crores, has retreated 1.64% following the results announcement, reflecting investor concerns about the company's ability to sustain profitability momentum amidst operational headwinds.
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Gujarat Mineral Development Corporation Ltd. Reports Stabilised Quarterly Performance Amid Margin Pressures
2026-05-15 11:00:19Gujarat Mineral Development Corporation Ltd. (GMDC) has reported a flat financial performance for the quarter ended March 2026, signalling a stabilisation after a period of decline. While net sales reached a record high of ₹814.05 crores, profitability metrics showed contraction, with profit before tax (PBT) excluding other income falling sharply by 54.6% compared to the previous four-quarter average. This mixed performance has led to an upgrade in the company’s Mojo Grade from Sell to Hold, reflecting cautious optimism amid ongoing margin pressures.
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Gujarat Mineral Development Corporation Ltd. is Rated Hold
2026-05-11 10:10:49Gujarat Mineral Development Corporation Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 07 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 11 May 2026, providing investors with the most up-to-date insights into the company’s performance and outlook.
Read full news articleWhen is the next results date for Gujarat Mineral Development Corporation Ltd.?
2026-05-07 23:16:57The next results date for Gujarat Mineral Development Corporation Ltd. is scheduled for 14 May 2026....
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Gujarat Mineral Development Corporation Ltd. is Rated Hold
2026-04-30 10:11:00Gujarat Mineral Development Corporation Ltd. is rated 'Hold' by MarketsMOJO, with this rating last updated on 07 Apr 2026. While the rating was revised on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 30 April 2026, providing investors with an up-to-date view of the stock’s fundamentals, valuation, financial trends, and technical outlook.
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Gujarat Mineral Development Corporation Ltd. Sees Robust Trading Activity Amid Sector Gains
2026-04-28 11:00:08Gujarat Mineral Development Corporation Ltd. (GMDC) has emerged as one of the most actively traded stocks by value on 28 April 2026, reflecting heightened investor interest and strong market momentum within the Minerals & Mining sector. The stock outperformed its sector peers and broader benchmarks, supported by increased institutional participation and sustained buying pressure.
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