GMDCLTD - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | GMDCLTD | Market Cap | 18,360 Cr. | Current Price | 578 ₹ | High / Low | 651 ₹ |
| Stock P/E | 27.9 | Book Value | 210 ₹ | Dividend Yield | 1.75 % | ROCE | 14.2 % |
| ROE | 11.0 % | Face Value | 2.00 ₹ | DMA 50 | 556 ₹ | DMA 200 | 489 ₹ |
| Chg in FII Hold | -1.02 % | Chg in DII Hold | 0.10 % | PAT Qtr | 120 Cr. | PAT Prev Qtr | 164 Cr. |
| RSI | 53.8 | MACD | 3.58 | Volume | 1,04,53,499 | Avg Vol 1Wk | 81,12,073 |
| Low price | 226 ₹ | High price | 651 ₹ | PEG Ratio | 1.82 | Debt to equity | 0.04 |
| 52w Index | 82.6 % | Qtr Profit Var | -6.91 % | EPS | 31.7 ₹ | Industry PE | 20.2 |
📈 Chart & Trend Analysis: GMDCLTD is trading at ₹578, above both its 50 DMA (₹556) and 200 DMA (₹489), indicating bullish momentum in the medium term. RSI at 53.8 suggests neutral strength, while MACD at 3.58 confirms mild bullish divergence. Bollinger Bands show price near the middle range, reflecting consolidation with potential upward breakout.
📊 Volume Trends: Current volume (1.04 Cr) is higher than the 1-week average (0.81 Cr), suggesting strong participation and momentum support for the ongoing trend.
🎯 Entry Zone: ₹560 – ₹580 (support near 50 DMA)
🚪 Exit Zone: ₹640 – ₹650 (resistance near recent highs)
🔎 Trend Status: Trending upward with consolidation — price is holding above key moving averages, supported by strong volume and positive MACD, though RSI indicates balanced momentum.
Positive ✅
- Strong ROCE (14.2%) and ROE (11.0%) reflect efficient capital use.
- Debt-to-equity ratio of 0.04 shows negligible leverage risk.
- Dividend yield of 1.75% provides shareholder value.
- EPS of ₹31.7 supports valuation strength.
- 52-week performance index gain of 82.6% highlights strong long-term resilience.
Limitation ⚠️
- Stock P/E of 27.9 is higher than industry average (20.2), suggesting stretched valuations.
- Quarterly PAT declined sequentially (₹120 Cr vs ₹164 Cr), showing short-term earnings pressure.
- PEG ratio of 1.82 highlights moderate growth-adjusted valuation.
Company Negative News 📉
- Decline in FII holdings (-1.02%) indicates reduced foreign investor confidence.
- Quarterly profit variation of -6.91% reflects earnings weakness.
Company Positive News 📈
- DII holdings increased (+0.10%), showing domestic institutional support.
- Strong 52-week performance with price appreciation of 82.6%.
Industry 🌐
- Industry P/E at 20.2 suggests sector trades at fair valuations.
- Mining sector benefits from commodity demand cycles and infrastructure growth.
Conclusion 📝
GMDCLTD is trending upward with consolidation, trading above both 50 DMA and 200 DMA, supported by strong volume and positive MACD. Entry near ₹560–₹580 offers margin of safety, while exits around ₹640–₹650 provide profit-taking opportunities. Fundamentally strong with low debt, dividend yield, and long-term resilience, though stretched valuations and sequential profit decline limit upside. Traders may ride the bullish momentum, while long-term investors can accumulate selectively given sector demand.
Would you like me to extend this into a peer benchmarking overlay (comparing GMDCLTD against mining peers like Coal India, NMDC, and Hindustan Zinc) so you can evaluate relative strength and sector rotation opportunities?