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Deccan Gold Mines is currently trading at upper limit of Rs. 43.31, up by 2.06 points or 4.99% from its previous closing of Rs. 41.25 on the BSE.

The scrip opened at Rs. 42.39 and has touched a high and low of Rs. 43.31 and Rs. 41.50 respectively. So far 84383 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 54.40 on 05-Dec-2022 and a 52 week low of Rs. 20.20 on 16-Jun-2022.

Last one week high and low of the scrip stood at Rs. 44.89 and Rs. 41.10 respectively. The current market cap of the company is Rs. 549.32 crore.

The promoters holding in the company stood at 25.89%, while Institutions and Non-Institutions held 4.35% and 69.76% respectively.
 
Deccan Gold Mines has been emerged as the highest bidder in the e-auction for Bhalukona - Jamnidih Nickel, Chromium and Associated PGE Block in Chhattisgarh. The Company had submitted its Technical Bid for the said Composite Licence Block in Chhattisgarh and had participated in the e-auction through the online portal of MSTC (official agency authorised by the Government to conduct e-auctions for mineral blocks).

The Bhalukona-Jamnidih Block covers an area of 30 sq. Kms and forms part of Neo-archean Sonakhan Schist Belt in the NE fringe of Bastar Craton and represents a wide spectrum of volcano-volcanoclastic rocks of Sonakhan and Bilari Group, mafic-ultramafic intrusives, undeformed granitoids, younger dykes and quartz veins. Based on initial sampling data of GSI, the area requires further prospecting to facilitate mining operations and has been therefore recommended for grant of Composite Licence through e-auction process.

Deccan Gold Mines (DGML) is the first private sector gold exploration company in India. The company has a large portfolio of exploration prospects in the states of Karnataka, Andhra Pradesh, Kerala and Rajasthan.