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GMDCLTD Share Price Target

Gujarat Mineral Development Corporation Ltd.
NSE: GMDCLTD | BSE: 532181 | ISIN: INE131A01031 | Sector: Mining

GMDCLTD Rating

4/5 (2 Ratings)
GMDCLTD Share Price *
58.25 -0.3 (-0.51%)
* (quote may be delayed)

2 GMDCLTD share price target reports by brokerages below. See what is analyst's view on GMDCLTD share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.


You can also find GMDCLTD share price target tomorrow or next week from GMDCLTD discussion forum.

GMDCLTD Share Price Forecast - Consensus
No. of reports in last year
2
No. of analysts
1
Average Consensus Forecast
80.50
Consensus Potential
26.79%

GMDCLTD Share Price Target - Broker Reports - 2019

8-Aug-19
Price @ Call: 65.45
Target: 74
HOLD
Given the backdrop of depressed consumer sentiment, we believe that industrial activities will be hit in the medium-term leading to moderation in demand for lignite and power. However, in the long run, with the increase in capex from government and private players industrial activities will increase which will boost the demand for electricity and cement contributing in increased demand for lignite. Considering medium term outlook on lignite demand, we have valued the stock at PE 9.5x of FY21 EPS and have arrived at TP of Rs. 74 with potential upside of 13% and recommend “HOLD” on stock. Key risks to valuations are improvement in liquidity situation leading to increased industrial activities and increase in coal prices.
... Read more

14-May-19
Price @ Call: 72.95
Target: 87
BUY
Given the backdrop of strong demand for lignite from power generator (with about 80% lignite application) and cement manufacturer amidst volatile global and domestic market conditions, we expect that the sales and profitability of the company to remain at decently elevated level. We have valued the stock at 1 yr forward PE 6.5x of FY21 EPS and have reached at downwardly revised TP of Rs. 87 with potential upside of 19%. 5 years BSE Energy Index is trading at PE 13x. Risk to valuation could be cheapening of steam coal price in domestic and international markets and steeper contraction in industrial activities.
... Read more

GMDCLTD Share Price Target - Broker Reports - 2018

13-May-18
Price @ Call: 131.76
Target: 210
BUY

28-Feb-18
Price @ Call: 140.4
Target: 170
BUY

GMDCLTD Share Price Target - Broker Reports - 2017

15-May-17
Price @ Call: 134
Target: 160
BUY

10-Feb-17
Price @ Call: 116
Target: 140
BUY

GMDCLTD Share Price Target - Broker Reports - 2016

15-Dec-16
Price @ Call: 97
Target: 125
BUY

17-Oct-16
Price @ Call: 97.2
Target: 118.5
ADD

  • GMDCLTD - Share Price Target Potential

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    BrokerageTargetPotential
    Karvy Stock Broking7420.88%
  • GMDCLTD Share Price Target Today- Technical Pivot Points (Classic)

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    Upside Target 361
    Upside Target 260.15
    Upside Target 159.2
    Pivot58.35
    Downside Target 157.4
    Downside Target 256.55
    Downside Target 355.6
  • GMDCLTD Share Price Target weekly- Technical Pivot Points (Classic)

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    Upside Target 370.45
    Upside Target 266.85
    Upside Target 162.3
    Pivot58.7
    Downside Target 154.15
    Downside Target 250.55
    Downside Target 346
  • GMDCLTD Share Price Target monthly- Technical Pivot Points (Classic)

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    Upside Target 381.37
    Upside Target 276.93
    Upside Target 169.07
    Pivot64.63
    Downside Target 156.77
    Downside Target 252.33
    Downside Target 344.47
  • GMDCLTD Share Price Target today- Technical Pivot Points (Fibonacci)

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    Upside Target 360.15
    Upside Target 259.46
    Upside Target 159.04
    Pivot58.35
    Downside Target 157.66
    Downside Target 257.24
    Downside Target 356.55
  • GMDCLTD Share Price Target weekly- Technical Pivot Points (Fibonacci)

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    Upside Target 366.85
    Upside Target 263.74
    Upside Target 161.81
    Pivot58.7
    Downside Target 155.59
    Downside Target 253.66
    Downside Target 350.55
  • GMDCLTD Share Price Target monthly- Technical Pivot Points (Fibonacci)

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    Upside Target 376.93
    Upside Target 272.23
    Upside Target 169.33
    Pivot64.63
    Downside Target 159.93
    Downside Target 257.03
    Downside Target 352.33
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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