Gujarat Mineral Development Corporation Ltd (GMDC) is one of India's leading mining and mineral processing companies. Backed by strong fundamentals, consistent performance, and substantial government support, GMDC is gaining attention among retail and institutional investors alike. In this blog, we will analyze GMDC's current stock performance, its business overview, shareholding pattern, and project its share price targets from 2025 to 2030.
Let’s explore GMDC’s financial indicators, market sentiment, and future investment potential.
Detail | Value |
---|---|
Open | ₹380.00 |
Previous Close | ₹379.40 |
Day's High | ₹443.10 |
Day's Low | ₹375.05 |
Volume | 47,193,490 |
Value (Lacs) | ₹205,433.26 |
VWAP | ₹424.24 |
52-Week High | ₹443.10 |
52-Week Low | ₹226.59 |
All Time High | ₹506.00 |
All Time Low | ₹2.42 |
Market Capitalization | ₹13,842 Cr |
Beta | 1.67 |
Book Value Per Share | ₹194.81 |
Face Value | ₹2 |
Dividend Yield | 2.32% |
Founded in 1963, GMDC is a government-backed enterprise engaged in the exploration and development of mineral resources in Gujarat, India. It operates in segments such as lignite, bauxite, fluorspar, manganese, and power generation. With strategic reserves and infrastructure, GMDC is a crucial player in the Indian mining sector.
Largest mining PSU in Gujarat
Operates lignite and bauxite mines with long-term reserves
Strong support from the Gujarat government
Significant dividend yield of 2.32%
Impressive price momentum and volume surge
All-time high of ₹506 indicates potential upside
Category | Holding (%) |
---|---|
Promoters | 74.00% |
Retail & Others | 22.96% |
Foreign Institutions | 2.25% |
Other Domestic Institutions | 0.66% |
Mutual Funds | 0.13% |
The strong promoter holding at 74% shows government confidence, while rising interest from retail investors suggests increasing public trust.
Year | Minimum Target (₹) | Maximum Target (₹) |
---|---|---|
2025 | 410 | 445 |
2026 | 460 | 490 |
2027 | 495 | 530 |
2028 | 520 | 560 |
2029 | 545 | 585 |
2030 | 570 | 610 |
These projections consider GMDC’s book value, consistent volume, mining potential, and market capitalization.
GMDC is nearing its 52-week high of ₹443.10 and has shown excellent volume and delivery stats. With rising demand for industrial minerals and government mining reforms, GMDC may witness further growth.
Why?
High trading volume (~47M) and strong VWAP
Upward momentum nearing 52-week highs
Continued support from public sector initiatives
Investment Advice: Entry around ₹400–₹410 could offer good returns. Suitable for positional trading or long-term SIP.
With the market cap approaching ₹14,000 Cr and dividend yield above 2%, GMDC may attract long-term investors. Improved mining efficiency and pricing of raw materials will be key growth drivers.
Why?
High dividend yield makes it attractive for income-seekers
Stable government policies around mineral extraction
Recovery in global commodity prices
Investment Advice: Hold positions. Look for delivery data and budget policy announcements to time fresh entries.
By 2027, GMDC may expand its bauxite and lignite operations. Demand from energy and infrastructure sectors will push revenues higher.
Why?
Increasing exports of bauxite and other minerals
Price support from rising energy demand
Potential for inorganic expansion through mergers or new mines
Investment Advice: Diversify but retain GMDC in your core holdings.
If government-led disinvestment plans move forward or new public-private partnerships form, GMDC could benefit massively.
Why?
Strategic mineral allocation policies
Higher operational margin from captive mining
Steady growth in volume and delivery %
Investment Advice: Reinvest dividends and use corrections to accumulate.
New infrastructure and smart cities may create additional demand for GMDC’s offerings. With an all-time high of ₹506 already touched, price discovery can go beyond ₹550.
Why?
Strong capex in mining and exploration
Technology-led extraction and automation
Growing retail participation in mid-cap mining stocks
Investment Advice: Trailing stop-loss strategy advised. Keep an eye on quarterly EPS and volume trend.
By 2030, GMDC is expected to be a major mineral supplier in India with increasing global exposure. With consistent fundamentals and strong promoter backing, GMDC has potential to become a ₹20,000+ Cr market cap company.
Why?
Institutional interest likely to rise
Infrastructure-led demand for bauxite, lignite, and fluorspar
Long-term CAGR can be attractive if held from 2025 levels
Investment Advice: Ideal for long-term investors looking for high-growth potential and dividend stability.
Yes, if you're looking for a long-term compounder in the mining and infrastructure space. GMDC offers a mix of public sector stability and mineral-sector growth potential.
Strong promoter holding (74%)
High dividend yield of 2.32%
Price momentum and volume support
Solid fundamentals and book value (~₹194.81 per share)
History of wealth creation — all-time low was just ₹2.42
High beta (1.67) indicates volatility
Price-sensitive to government policy changes
Global slowdown or mining license delays can impact growth
Environmental compliance and regulatory hurdles
Always consult a SEBI-registered financial advisor before making final investment decisions.
GMDC is one of the most promising mid-cap PSU stocks listed on NSE and BSE. With increasing mineral demand, stable fundamentals, and attractive dividend payout, GMDC holds strong potential to become a long-term wealth creator.
At the current price range of around ₹380–₹445, it offers good entry points for investors eyeing multibagger returns by 2030. As infrastructure and mining reforms continue to evolve, GMDC could play a significant role in India's economic and industrial future.
For those who believe in India’s infrastructure growth story, GMDC is a compelling pick.
1. What is the share price target for GMDC in 2025?
The expected price target for 2025 is ₹410 – ₹445 based on current volume and momentum.
2. Is GMDC a good long-term investment?
Yes, due to strong fundamentals, dividend yield, and rising demand for minerals.
3. What is GMDC’s dividend yield?
The dividend yield is approximately 2.32%.
4. How much has GMDC gained from its 52-week low?
It has surged from ₹226.59 to ₹443.10, showing a strong bullish trend.
5. What is GMDC’s all-time high?
GMDC’s all-time high is ₹506.
6. Should I buy GMDC stock now?
If you are a long-term investor, accumulating on dips near ₹400 can be a smart strategy.
7. Where can I check real-time GMDC stock prices?
Live prices are available on NSE/BSE websites or financial platforms like Moneycontrol or Zerodha.
Disclaimer: This article is for educational purposes only. Please consult a certified financial advisor before making any investment decisions.