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GMDCLTD

NSEMetals & MiningCap: ₹13090.47 Cr

Gujarat Mineral Development Corporation Ltd.

-30.16%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:
  • Impure Revenue: Non-permissible income 11.84% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹13090.47 Cr
P/E Ratio
13.7x
P/B Ratio
1.9x
52W High
₹771.9
52W Low
₹406
Div. Yield
231.00%
Shares O/S
31.80 Cr

Where Does the Money Come From?

Revenue breakdown for Gujarat Mineral Development Corporation Ltd.

Core Metals & Mining OperationsPermissible Operating Activity

Permissible: Core operations in Metals & Mining.

88.2%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

11.8%of Total Revenue
About Gujarat Mineral Development Corporation Ltd.

Permissible: Core operations in Metals & Mining.

Interest-Bearing Debt Ratio
3.52%Max: ≤ 33.0%
Cash & Securities Liquidity
1.25%Max: ≤ 33.0%
Impure Revenue Ratio
11.84%Max: ≤ 5.0%
Screening Denominator
Total Assets

Halal Alternatives in Metals & Mining

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SAIL

Steel Authority of India Ltd.

HalalPurification: 0.34%
SARDAEN

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HalalPurification: 1.86%
GRAVITA

Gravita India Ltd.

HalalPurification: 0.72%

Purification & Zakat Calculator

Calculate how much to donate for GMDCLTD

⚠️ Note: GMDCLTD is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.