A strong breakout in GMDCGMDC LTD has given a strong breakout on daily chart with huge bolume buildup
27.10INR
12.16 BINR
32.28 BINR
82.68 M
About GUJARAT MINERAL DEVELOPMENT CO
Sector
Industry
CEO
Roopwant Singh
Website
Headquarters
Ahmedabad
Employees (FY)
1.44 K
Founded
1963
ISIN
INE131A01031
FIGI
BBG000BD7ST8
Gujarat Mineral Development Corp. Ltd. engages in the development of mineral resources. The firm operates through Mining and Power segments. Its products include lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company was founded on May 15, 1963 and is headquartered in Ahmedabad, India.
GMDC LTD for Swing / Positional GMDC LTD Prediction for Swing / Positional Trading
First breakout at Entry 1 level. Second breakout at Entry 2 Level above 228. This entry 2 may be retest. you can entry now and more buy on retesting. Volume also supports the breakout.
SLs- 208, 185
Targets- 270,350,485,700,…
Intermediate
Gets a good Break out need to accumulate this share Gmdc stock gives a very good Breakout from current lavel we can watch this stock and accumulated lower level as well we can see 572 in few weeks as well at double in Months
GMDC Seems to be Multibagger stock in down the line yearHi everyone.. GMDC in on another high momentum flow & expected to give high returns as per indicated patterns ( Multibagger stock) for New Year 2024..
GMDC LTDGMDC LTD
Taken support at previous resistance now likely to get ready for big move from here
Keep in Radar
GMDC LTDGujarat Mineral Development Corporation Ltd. (1D)
CMP 417.15
- Near All Time High
- After 2 Week Tight Close stock is Ready for Upmove
Sector : Mining
Industry : Mining & Minerals
Market Cap : 13,265.37 cr.
Category : Small Cap
PE : 13.11
Industry PE : 8.99
PEG : 0.46
About Comp
GMDCLTD - Swing LongGMDCLTD broken a resistance and looking strong in the bull market.
we can see a 25% upside from this breakout.
GMDC (Near Deamd Zone)The price shows correction of more than 25% in past one month and approaching to its demand area.
There is only one opposite color candle ( Red candle) in whole impulse leg , we can definitely see accumulation of orders in that particular body of weekly candle.
Confluence to Support the idea.
*Ral
See all ideas
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Frequently Asked Questions
The current price of GMDCLTD is 388.10 INR — it has decreased by 0.24% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange GUJARAT MINERAL DEVELOPMENT CO stocks are traded under the ticker GMDCLTD.
GUJARAT MINERAL DEVELOPMENT CO is going to release the next earnings report on May 9, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for GUJARAT MINERAL DEVELOPMENT CO has a max estimate of 170.00 INR and a min estimate of 170.00 INR.
GMDCLTD earnings for the last quarter are 0.80 INR whereas the estimation was 2.50 INR which accounts for −68.00% surprise. Estimated earnings for the next quarter are 5.00 INR. See more details about GUJARAT MINERAL DEVELOPMENT CO earnings.
GUJARAT MINERAL DEVELOPMENT CO revenue for the last quarter amounts to 3.80 B INR despite the estimated figure of 3.60 B INR. In the next quarter revenue is expected to reach 5.60 B INR.
Yes, you can track GUJARAT MINERAL DEVELOPMENT CO financials in yearly and quarterly reports right on TradingView.
Like other stocks, GMDCLTD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade GUJARAT MINERAL DEVELOPMENT CO stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 1.44 K employees. See our rating of the largest employees — is GUJARAT MINERAL DEVELOPMENT CO on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. GUJARAT MINERAL DEVELOPMENT CO EBITDA is 8.21 B INR, and current EBITDA margin is 42.13%. See more stats in GUJARAT MINERAL DEVELOPMENT CO financial statements.