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.