Gujarat Mineral Development Corporation Ltd
GMDCLTD

115.95

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

115.90

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Buy
Reco. Price
Rs 110.60
We recommend BUY as we expect higher cost of imported coal will trigger domestic demand and improve price realizations. Additionally, GST implementation will improve its cost competitiveness. The stock is currently trading at a P/E of 10.1x on FY18E earnings estimates. (Target Price -Rs.124.6)
Detailed View
50 DMA (.)
106.84
100 DMA (.)
104.00
200 DMA (.)
91.58
Weekly Range (.)
110.25
119.20
Monthly Range (.)
110.00
122.90
52 Weeks Range (.)
54.65
122.90
Detailed Chart