Deccan Gold Mines gains as its arm inks pact with OJSC Kyrgyzaltyn
Deccan Gold Mines is currently trading at Rs. 187.45, up by 1.35 points or 0.73% from its previous closing of Rs. 186.10 on the BSE.
The scrip opened at Rs. 187.95 and has touched a high and low of Rs. 188.00 and Rs. 184.85 respectively. So far 36211 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 250.65 on 21-Aug-2026 and a 52 week low of Rs. 83.75 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 194.25 and Rs. 169.55 respectively. The current market cap of the company is Rs. 3755.77 crore.
The promoters holding in the company stood at 20.30%, while Institutions and Non-Institutions held 2.76% and 76.94% respectively.
Deccan Gold Mines’ subsidiary -- Avelum Partner LLC, Kyrgyz Republic, has entered into an agreement with OJSC Kyrgyzaltyn, the state-owned gold refining enterprise of the Kyrgyz Republic, for refining and sale of gold-bearing dore produced from the Altyn Tor Gold Project.
Pursuant to the agreement, Avelum Partner LLC has dispatched the first consignment consisting of a 1.2 kg dore bar to OJSC Kyrgyzaltyn. The consignment has been sent to establish and validate the operational, refining and settlement procedures contemplated under the agreement. This agreement marks a significant step towards the commercialization of the Altyn Tor Gold Project and reinforces the company's progress in advancing its operations in the Kyrgyz Republic.
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.
