If you think about which stock will be the best for investment in recent times, then you should know about the Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target. This blog post will discuss the basics of the Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target for 2024, 2025, and 2030. We did deep research and took expert advice to write this blog post and understand the basics of the company’s growth, performance, Future Plans, etc Of Gujarat Mineral Development Corporation Ltd (GMDC).
Gujarat Mineral Development Corporation Ltd (GMDC) is a Metal & mining sector company, which is listed in both BSE and NSE. In this blog post, we will discuss Gujarat Mineral Development Corporation Ltd (GMDC)’s financial growth, business policies, the shareholding pattern, and its forecast of share price yearly. We use a lot of website data to analyze and understand Gujarat Mineral Development Corporation Ltd (GMDC)’s fundamentals and its future Share Price prediction from 2024 up to 2030.
About Gujarat Mineral Development Corporation Ltd (GMDC).
Gujarat Mineral Development Corporation Ltd (GMDC) is a Mining sector company and was incorporated in the year of 1963. The headquarters of Gujarat Mineral Development Corporation Ltd (GMDC) is located in Ahmedabad, Gujarat. The company mainly engaged in the business of general mining.
Product portfolio of Gujarat Mineral Development Corporation Ltd (GMDC).
Major products of GMDC are
Minerals & Mining
Lignite
Fluorspar
Bauxite
Silica Sand
Manganese
Limestone
Bentonite
Ball Clay
power Sector
The company also engaged in the production of electric energy such as
Wind energy
Thermal energy
Solar energy
Green Footprint Initiatives
Fundamentals of Gujarat Mineral Development Corporation Ltd (GMDC).
| Market Cap | 11,947.26 Cr. |
| P/E Ratio | 20.25 |
| P/B Ratio | 1.91 |
| Dividend Yield | 2.54 % |
| Book Value (TTM) | 196.79 |
| Cash | 488.24 Cr. |
| Debt | 0 Cr. |
| EPS (TTM) | 18.32 |
| Sales Growth | -29.59% |
| ROE | 10.38 % |
| ROCE | 13.83% |
| Profit Growth | -48.92 % |
Read more: Steelcast Ltd. Share Price Target
Fundamental Analysis of Gujarat Mineral Development Corporation Ltd (GMDC).
Before investing we need to understand Gujarat Mineral Development Corporation Ltd (GMDC)’s major ratios like PE ratio, return on assets, earnings per share, and return on equity, etc. In this section, I will discuss the past financial performance of Gujarat Mineral Development Corporation Ltd (GMDC) and its future Share Price prediction based on the ratios analyzed below.
PE Ratio
Gujarat Mineral Development Corporation Ltd (GMDC) has a 20.25% PE ratio compared to its sector PE ratio of 10.89%, indicating that the stock is overvalued compared to its sector.
Profit Growth
The profit growth of the Gujarat Mineral Development Corporation Ltd (GMDC) for the last was 1 year is -48.92%, for the last 3 years 165.11%, and last 5 years 34.64%, indicates that the company has had significant fluctuations in recent times but at the longer term, the company has shown resilience and solid trend in profitability.
Return on Assets
Gujarat Mineral Development Corporation Ltd (GMDC)’s Return on assets has decreased from 17.38% in 2023 to 8.38 % in 2024, indicating that the company’s efficiency in generating profit from its assets also decreased.
Return on Equity
The Return on Equity of Gujarat Mineral Development Corporation Ltd (GMDC) for the last was 1 year is 10.38%, for the last 3 years 14.43%, and last 5 years 9.17%, This indicates some fluctuation in profitability but overall positive returns on shareholders’ equity over time.
ROCE
The ROCE of Gujarat Mineral Development Corporation Ltd (GMDC) for the last was 1 year is 13.83%, for the last 3 years 20.94%, and last 5 years 11.86%, indicating a healthy return on its capital employed.
Dividend Yield
Gujarat Mineral Development Corporation Ltd (GMDC) is paid a dividend of 9.55 Rs. And the yield is 477.5%. in 2024. and the company pays regular dividends to its shareholders.
Earnings per Share
The current year EPS of Gujarat Mineral Development Corporation Ltd (GMDC) is 18.32 Rs., generally higher EPS is better for its investors.
Share Holding Pattern of Gujarat Mineral Development Corporation Ltd (GMDC).
Promoters: 74%
Public: 23.36%
FII (Foreign Institutional Investors): 1.59%
DII (Domestic Institutional Investors): 1.05%
Promoters Holding
Promoter shareholding in the company is 74%, which indicates that promoters have strong confidence in the company’s future performance. indicating that those who are most familiar with the company have a vested interest in its success.
FII Holding
FII holds 1.59 of the Gujarat Mineral Development Corporation Ltd (GMDC) stake, which indicates that the company fails foreign investors.
DII Holding
DII holds 1.05% of the Gujarat Mineral Development Corporation Ltd (GMDC) stake, indicating that domestic investors are not confident about the company’s future performance.
Public Holding
Public holding in the company is around 23.36% which indicates that Gujarat Mineral Development Corporation Ltd (GMDC) has moderate retail investor participation.
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target from 2024 to 2030
| Year | Minimum Share Price Target | Maximum Share Price Target |
| 2024 | 316 | 403 |
| 2025 | 386 | 509 |
| 2026 | 498 | 676 |
| 2027 | 648 | 820 |
| 2028 | 788 | 1069 |
| 2029 | 1036 | 1327 |
| 2030 | 1302 | 1505 |
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2024
In this volatile market, the stock gives good returns to its investors, now the stock is trading at the 375 level and trying to break its all-time high of 506. on the monthly chart, the stock is creating a triangle pattern by taking support at the 316 level, if the stock sustains above 452 then it will break its all-time high, So as per expert’s analysis, Gujarat Mineral Development Corporation Ltd (GMDC)’s Share Price Target 2024 will be a minimum of 316 and a maximum of 403.
| Minimum Share Price Target | 316 |
| Maximum Share Price Target | 403 |
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2025
India is the third largest energy-consuming country in the world, there is always increased demand for power and electricity in our country and the company is engaged in the production of electricity so we project Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2025 will be a minimum of 386 and a maximum of 509.
| Minimum Share Price Target | 386 |
| Maximum Share Price Target | 509 |
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2026
Minerals are precious natural resources that serve as essential raw materials for fundamental industries and the company is engaged in the mining of bauxite, lignite, Fluorspar, and others which are essential raw materials for industries like steel, aluminum, glass industries, etc. So we are expecting Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2026 will be a minimum of 498 and a maximum of 676.
| Minimum Share Price Target | 498 |
| Maximum Share Price Target | 676 |
Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target 2027
Gujarat Mineral Development Corporation Ltd (GMDC)’s debt-to-equity ratio is 0. This indicates that the company has low financial risk. All profits are used for R&D and Dividend payout, So we are expecting Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2027 will be a minimum of 648 and a maximum of 820.
| Minimum Share Price Target | 648 |
| Maximum Share Price Target | 820 |
Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target 2028
If the micro-economy and macro-economy are in favour of the sector then Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target for 2028 will be a minimum of 788 and a maximum of 1069.
| Minimum Share Price Target | 788 |
| Maximum Share Price Target | 1069 |
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2029
Gujarat Mineral Development Corporation Ltd (GMDC) is now focusing on a copper project at Ambaji in Gujarat. This mine holds estimated reserves of 10 million tonnes of Copper, lead, and Zinc with an asset value of more than 25000 Cr. So we are projecting Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target for 2029 will be a minimum of 1036 and a maximum of 1327.
| Minimum Share Price Target | 1036 |
| Maximum Share Price Target | 1327 |
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2030
Gujarat Mineral Development Corporation Ltd (GMDC) entered into coal mining in Burapahar and Baitarni in Odisha with a reserve of 548 MT and 1,097 MT, this gave a new opportunity to the company so we are projecting Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target for 2030 will be a minimum of 1302 and a maximum of 1816.
| Minimum Share Price Target | 1302 |
| Maximum Share Price Target | 1816 |
Read more: Rama Steel and Tubes Ltd. Share Price Target
Final Words
Gujarat Mineral Development Corporation Ltd (GMDC) has been operating in the market for more than 6 decades with experience in the mining sector. Gujarat Mineral Development Corporation Ltd (GMDC)does not have any red flags in its balance sheet, the company also pays regular dividends. Over good company for long-term investment. This post for reference purposes only, this not a buy and sale recommendation, and the targets are given here are as per recent trends. Before making any investment decision consult your financial adviser. If you like this post comment below and share this article with your friends and family.
FAQ:
What is the Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2024?
Gujarat Mineral Development Corporation Ltd (GMDC)’s Share Price Target 2024 will be a minimum of 316 and a maximum of 403.
What is the Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2025?
Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2025 will be a minimum of 386 and a maximum of 509.
What is the Gujarat Mineral Development Corporation Ltd (GMDC)Share Price Target 2030?
Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target for 2030 will be a minimum of 1302 and a maximum of 1816.