GCM Commodity & Derivatives Share Price

GCM Commodity Derivatives Limited was incorporated on April 26, 2005 as a Private Limited Company under the name GCM Commodity Derivatives Private Limited. Subsequently, the Company was converted into a Public Limited Company and the name was changed to GCM Commodity Derivatives Limited on June 14, 2013. The Company was promoted by GCM Securities Limited, Mr. Inder Chand Baid, Mr. Manish Baid and Mr. Samir Baid. The Company allotted 26,25,500 equity shares to GCM Securities Limited on March 28, 2013 representing 67.03% of its pre issue capital and accordingly was made the subsidiary of GCM Securities Limited.Presently, Company is currently engaged in the business of investing in NSEL Investment Products for arbitrage opportunities and commodity broking. It provides commodity broking facilities through its membership of NSEL. The Company become the TradingcumClearing member of National Spot Exchange Limited and started the commodity broking business in May 2013. In the past, the Company was engaged in the business of Commodity and Equity Trading. To further expand the business, the company also plans to take the Membership of Multi Commodity Exchange of India Limited(MCX).

As of , GCM Commodity & Derivatives share price is ₹4.6. The stock opened at ₹4.6 and had closed at ₹4.9 the previous day. During today’s trading session, GCM Commodity & Derivatives share price moved between ₹4.63 and ₹4.63, with an average price for the day of ₹4.63. Over the last 52 weeks, the stock has recorded a low of ₹4.07 and a high of ₹7.44. In terms of performance, GCM Commodity & Derivatives share price has declined by 32.8% over the past six months and has declined by 29.53% over the last year.