
NMDC vs Gujarat Mineral Development Corporation: Share Price, PE and ROE Compared
NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. Data approximate.
Updated: 13 Aug 2026 • 11:47 am
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Quick Answer
NMDC and Gujarat Mineral Development Corporation (GMDC) are both listed public sector mining companies. NMDC at approximately Rs 55,000-68,000 Cr is India's largest iron ore producer and a significant wealth distributor via dividends. GMDC at approximately Rs 7,000-10,000 Cr mines lignite and mineral salts in Gujarat. Both are dividend-paying PSUs with cyclical earnings linked to commodity prices.
The NMDC vs Gujarat Mineral Development Corporation question comes up often among investors who follow the Mining and minerals space in India. NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating NMDC vs Gujarat Mineral Development Corporation as a research exercise.
All data cited here is sourced from publicly available company filings. Note: Data is approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.
NMDC vs Gujarat Mineral Development Corporation: Company Overview and Market Presence
NMDC operates in the Mining and minerals segment and is listed on Indian exchanges. NMDC MCap approx Rs 55,000-68,000 Cr The company has built its market position over the years through its core offerings to customers across India.
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Gujarat Mineral Development Corporation is the other side of this NMDC vs Gujarat Mineral Development Corporation comparison. GMDC MCap approx Rs 7,000-10,000 Cr It competes in the same Mining and minerals space, though its scale and strategy may differ significantly from NMDC's approach.
When investors look at the NMDC vs Gujarat Mineral Development Corporation pair, market capitalisation is usually the first filter. NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. The size difference, if any, tells you something about liquidity and institutional ownership patterns.
NMDC vs Gujarat Mineral Development Corporation: Business Mix and Revenue Sources
To understand the NMDC vs Gujarat Mineral Development Corporation comparison fully, you need to look at how each company makes money. NMDC's revenue comes from its core Mining and minerals operations. NMDC earns from the Mining and minerals segment.
Gujarat Mineral Development Corporation similarly derives its earnings from the Mining and minerals space. Gujarat Mineral Development Corporation operates in the Mining and minerals space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.
NMDC vs Gujarat Mineral Development Corporation: Financial Results and Key Ratios
This is where the NMDC vs Gujarat Mineral Development Corporation comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.
NMDC MCap approx Rs 55,000-68,000 Cr The profitability and efficiency ratios here reflect the latest available data from public filings.
GMDC MCap approx Rs 7,000-10,000 Cr Investors should note that Data is approximate.
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NMDC vs Gujarat Mineral Development Corporation: Valuation and What the Market Is Pricing In
Valuation is a core part of any NMDC vs Gujarat Mineral Development Corporation analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.
NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. Data approximate. The NMDC vs Gujarat Mineral Development Corporation stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.
Dividend yield is another data point worth checking in the NMDC vs Gujarat Mineral Development Corporation pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.
NMDC vs Gujarat Mineral Development Corporation: Side-by-Side Comparison
The table below captures the most relevant metrics side by side for the NMDC vs Gujarat Mineral Development Corporation comparison.
| Parameter | NMDC | Gujarat Mineral Development Corporation |
|---|---|---|
| MCap | approx Rs 55,000-68,000 Cr | approx Rs 7,000-10,000 Cr |
| Data | Approximate | Approximate |
| Minerals | Iron ore | Lignite and minerals |
What Should Investors Know About the NMDC vs Gujarat Mineral Development Corporation Choice
Every NMDC vs Gujarat Mineral Development Corporation research exercise should go beyond just looking at the current share price. The sector outlook for Mining and minerals companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.
For the NMDC vs Gujarat Mineral Development Corporation pair specifically: NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.
If you are building a portfolio allocation decision around the NMDC vs Gujarat Mineral Development Corporation comparison, consider the risk profile of your overall portfolio first. Both companies operate in Mining and minerals, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.
Conclusion
The NMDC vs Gujarat Mineral Development Corporation comparison comes down to this: NMDC and Gujarat Mineral Development Corporation are both listed Indian companies in the Mining and minerals space, but they differ in scale, valuation, and financial profile. NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr.
NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. Data approximate. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).
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Disclaimer: Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does NMDC do?
Ans. NMDC is a listed Indian company in the Mining and minerals segment. Visit univest.in for live data.
What does Gujarat Mineral Development Corporation do?
Ans. Gujarat Mineral Development Corporation is a listed Indian company in the Mining and minerals segment. Visit univest.in for live data.
Which is larger in the NMDC vs Gujarat Mineral Development Corporation comparison?
Ans. Based on current data: NMDC MCap approx Rs 55,000-68,000 Cr. Verify from NSE or BSE.
How do PE ratios compare in NMDC vs Gujarat Mineral Development Corporation?
Ans. The PE ratio comparison is in the data table above. Verify from NSE or BSE before investing.
What is the ROE of NMDC?
Ans. The ROE of NMDC is listed in the comparison table above. Verify from the latest quarterly filings.
Does Gujarat Mineral Development Corporation pay dividends?
Ans. Dividend yield information for Gujarat Mineral Development Corporation is in the comparison above. Verify from NSE or BSE.
How should I evaluate Mining and minerals stocks?
Ans. For Mining and minerals stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.
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