Get started
GUJARAT MINERAL DEVELOPMENT COGUJARAT MINERAL DEVELOPMENT COGUJARAT MINERAL DEVELOPMENT CO

GUJARAT MINERAL DEVELOPMENT CO

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

GMDCLTD trade ideas

GMDC LTDGujarat Mineral Development Corporation Ltd. (1D) CMP 417.15 - Near All Time High - After 2 Week Tight Close stock is Ready for Upmove Sector : Mining Industry : Mining & Minerals Market Cap : 13,265.37 cr. Category : Small Cap PE : 13.11 Industry PE : 8.99 PEG : 0.46 About Company The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects. Gujarat Mineral Development Corporation (GMDC) was incorporated on 15th May, 1963 to develop major Mineral Resources in the State and started with a Silica Sand quarrying Plant near Surajdeval (Dist. Surendranagar) for crushing and screening of Silica Sand required for Glass Industry. From this humble starting, GMDC today boasts of a vast array of Mineral Portfolio in its mineral rich basket. Hence, the journey of GMDC begins for Mining Sector of Gujarat. The Fledgling State acutely the need to have a rapid Industrial Development, for requires Fuel and Energy resources. The motive inspired the state to incorporate a Public Sector Company that would target exclusive development of Mineral Resources endowed on the state. Thus, began a historical journey which has today reached a milestone of Glorious fifty five years. Business area of the company The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects. Products Minerals & Mines • Lignite • Bauxite • Fluorspar • Manganese • Silica Sand • Limestone • Bentonite • Ball Clay Power • Thermal Power • Wind Power • Solar Power • Green Footprint
NSE:GMDCLTDLong
by Kenil_Rana
GMDC (Near Deamd Zone)The price shows correction of more than 25% in past one month and approaching to its demand area. There is only one opposite color candle ( Red candle) in whole impulse leg , we can definitely see accumulation of orders in that particular body of weekly candle. Confluence to Support the idea. *Rally Base Rally Formation *Fib zone 0.5-0.618, The demand zone is exactly alligning with fibonacci levels. *There is Lower time frames trend line liquidity,which must be taken out before making further move to the upside. Although Higher time frame seems pretty bullish ,but structural shift in lower time frame, from bearish to bullish must keep in mind. Always Trade with more confirmations.
NSE:GMDCLTDLong
by sSamsameer
GMDCLTD - Bullish Consolidation with VolumesNSE: GMDCLTD is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:GMDCLTDLong
by BrahmaBull31