Net loss of Gujarat Mineral Development Corporation reported to Rs 2.76 crore in the quarter ended December 2020 as against net profit of Rs 28.24 crore during the previous quarter ended December 2019. Sales declined 3.06% to Rs 329.26 crore in the quarter ended December 2020 as against Rs 339.66 crore during the previous quarter ended December 2019.

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Net loss of Gujarat Mineral Development Corporation reported to Rs 3.82 crore in the quarter ended December 2020 as against net profit of Rs 28.30 crore during the previous quarter ended December 2019. Sales declined 3.06% to Rs 329.26 crore in the quarter ended December 2020 as against Rs 339.66 crore during the previous quarter ended December 2019.

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Gujarat Mineral Development Corpn. will hold a meeting of the Board of Directors of the Company on 9 February 2021.

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Gujarat Mineral Development Corporation Ltd rose 2.85% today to trade at Rs 61.4. The S&P BSE Energy index is up 0.54% to quote at 5929.41. The index is down 2.93 % over last one month. Among the other constituents of the index, Goa Carbon Ltd increased 0.9% and Reliance Industries Ltd added 0.79% on the day. The S&P BSE Energy index went up 13.7 % over last one year compared to the 17.44% surge in benchmark SENSEX.

Gujarat Mineral Development Corporation Ltd has added 19.57% over last one month compared to 2.93% fall in S&P BSE Energy index and 6.64% rise in the SENSEX. On the BSE, 26074 shares were traded in the counter so far compared with average daily volumes of 3.13 lakh shares in the past one month. The stock hit a record high of Rs 72.4 on 17 Jan 2020. The stock hit a 52-week low of Rs 29.5 on 30 Mar 2020.

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