GMDC Share Price Target Tomorrow 2024 To 2030- Current Chart, Market Overview

Gujarat Mineral Development Corporation Ltd (GMDC) is a leading mining company in India, primarily focused on lignite mining and power generation. Established in 1963, GMDC operates in Gujarat and contributes significantly to the state’s industrial growth by supplying essential minerals like bauxite, fluorspar, and silica sand. The company also emphasizes sustainable mining practices and environmental responsibility. GMDC Share Price on NSE as of 3 December 2024 is 356.00 INR. Here will provide you more details on GMDC Share Price Target 2024, 2025, 2026 to 2030.

Gujarat Mineral Development Corpn Ltd: Market Overview

• Open Price: ₹353.15
• High Price: ₹362.95
• Low Price: ₹352.40
• Previous Close: ₹349.15
• Volume: 1,044,771
• Value (Lacs): ₹3,723.04
• VWAP: ₹356.87
• UC Limit: ₹418.95
• LC Limit: ₹279.35
• P/E ratio: 17.81
• Div yield: 2.68%
• 52-wk high: ₹506.00
• 52-wk low: ₹308.80
• Mkt cap: ₹11.42KCr
• Face Value: ₹2

GMDC Share Price Chart

GMDC Share Price Target Tomorrow 2024 To 2030

GMDC Share Price Target 2024

GMDC share price target 2024 Expected target could be ₹506. Here are four key factors that could affect the growth of GMDC share price target for 2024:

• Lignite Demand Trends: Growth in industrial sectors like power, ceramics, and chemicals, which depend heavily on lignite, could drive GMDC’s revenue and impact its share price positively.
• Mineral Diversification Efforts: GMDC’s initiatives to explore and expand into other minerals like bauxite and fluorspar could open up new revenue streams, supporting its financial performance.
• Renewable Energy Projects: The company’s investments in renewable energy, including wind and solar power, could align with government priorities and enhance long-term growth prospects.

• Government Policies and Support: Favorable policies, including subsidies or incentives for mining and energy projects, can significantly boost GMDC’s operational and financial outcomes.

GMDC Share Price Target 2025

GMDC share price target 2025 Expected target could be ₹610. Here are four key factors that could affect the growth of GMDC share price target for 2025:

• Global Commodity Prices: Fluctuations in international prices of lignite, bauxite, and other minerals could influence GMDC’s revenue and profitability, directly impacting its share price.
• Capacity Expansion: Any plans to increase mining output or set up new projects could boost production capabilities, potentially leading to higher revenues and investor confidence.
• Environmental Compliance: Enhanced efforts to comply with environmental regulations and sustainable mining practices may attract ESG-focused investors and improve the company’s market valuation.

• Infrastructure and Energy Demand Growth: Rising demand from energy and infrastructure sectors, driven by government-backed projects, could increase GMDC’s customer base and drive growth.

GMDC Share Price Target 2030

GMDC share price target 2030 Expected target could be ₹1114. Here are four risks and challenges that could impact GMDC share price target for 2030:

• Commodity Price Volatility: GMDC’s revenues are highly dependent on the prices of commodities like lignite, bauxite, and other minerals. Global price fluctuations could adversely impact profitability and growth prospects.
• Regulatory and Environmental Compliance: Increased environmental scrutiny and stricter mining regulations could lead to higher operational costs, delays in approvals, or even disruptions in operations.
• Economic Slowdowns: Any downturn in industries like power, cement, and steel—key consumers of GMDC’s products—could reduce demand for its minerals, impacting revenue growth.

• Operational Risks: Challenges such as equipment failures, labor disputes, or delays in project execution could hamper production efficiency and financial performance.

Gujarat Mineral Development Corpn Ltd Shareholding Pattern

• Promoters: 74%
• Retail and Others: 23.54%
• FII: 1.68%
• DII: 0.68%
• Mutual Funds: 0.10%

Gujarat Mineral Development Corpn Ltd Financials

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