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GMDC share price today: Shares of Gujarat Mineral Development Corporation (GMDC) rallied nearly 10.15% during Wednesday’s trading session, as the PSU stock extended its two-day winning streak. With the rally, GMDC shares have delivered a 7.51% return over the past one week.
The recent uptick in GMDC share price has come after it dipped to its 52-week low levels post the announcement of the company's second quarter results for the financial year 2026-27.
The sharp rally during Wednesday’s trading session came as the stock saw trading volume surge more than 17.28 times. GMDC shares saw 31,700 trades at 11:18 AM on Wednesday, according to BSE data. The PSU stock's slide to a 52-week low also coincided with a sharp 2.07-fold surge in trading volumes.
GMDC share price dipped to its 52-week low levels of ₹394.95 per share on November 2, 2026 after the PSU reported a decline in its net profit to ₹170.79 crore in Q2FY27, 63% down from ₹465.75 crore profit reported in the year-ago period.
The company’s total income during the quarter under review increased to ₹986.78 crore from ₹635.76 crore in the year-ago period, as per its BSE filing.
The stock closed 10.15% higher at ₹468.80 per share on BSE with a market capitalisation of ₹14,907.84 crore on Wednesday, November 4. The stock has surged 7.5% over the past one week, and around 5.88% in two weeks. Its share price has declined 15.67% in three months, around 35.77% in six months, and 21.78% in 2026 so far. Despite its poor performance in the current calendar year, the PSU stock has delivered 31.13% over two years, 43.28% over three years, and 539% over five years.
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