₹ 601.95
Key Takeaways
Risk factor
Moderate default risk
Profitability factor
Strong margins and returns
About
Gujarat Mineral Development Corporation Limited engages in mining business in India. It operates in two segments, Mining and Power. The company explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. It also generates power using thermal, wind, and solar sources. The company was incorporated in 1963 and is based in Ahmedabad,...
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, 'expensive' on E
Target Price
The average target price of GMDCLTD.NS is 231 and suggests 61% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation t