AgenciesPrabhudas Lilladher has buy call on Gujarat Mineral Development Corporation with a target price of Rs 170.
The current market price of . is Rs 153.85.
Ltd., incorporated in the year 1963, is a Small Cap company (having a market cap of Rs 4894.02 Crore) operating in Mining sector.
Gujarat Mineral Development Corporation Ltd. key Products/Revenue Segments include Lignite, Thermal Power, Renewable Energy System, Interest, Bauxite, Others for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 591.46 Crore, down -50.84 % from last quarter Total Income of Rs 1203.06 Crore and up 19.56 % from last year same quarter Total Income of Rs 494.71 Crore. Company reported net profit after tax of Rs 150.94 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.61 per cent, DIIs 2.11 per cent.
The current market price of . is Rs 153.85.
Ltd., incorporated in the year 1963, is a Small Cap company (having a market cap of Rs 4894.02 Crore) operating in Mining sector.
Gujarat Mineral Development Corporation Ltd. key Products/Revenue Segments include Lignite, Thermal Power, Renewable Energy System, Interest, Bauxite, Others for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 591.46 Crore, down -50.84 % from last quarter Total Income of Rs 1203.06 Crore and up 19.56 % from last year same quarter Total Income of Rs 494.71 Crore. Company reported net profit after tax of Rs 150.94 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.61 per cent, DIIs 2.11 per cent.
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