Deccan Gold Mines stock price rallies 15.5% after firm to launch India’s first private gold mine in MayDeccan Gold Mines stock price rallies 15.5% after firm to launch India’s first private gold mine in May

Introduction

Leading mining company will launch India first private gold mine in Andhra Pradesh in May marking milestone in domestic gold extraction sector development.

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Share price movement of Deccan Gold Mines

On April 20, 2026, Deccan Gold Mines Ltd opened at ₹113.50, up 6.47% from its previous close of ₹106.63. The stock reached a high of ₹123.00 (15.35%) and a low of ₹113.50 (6.47%). By 12:08 PM, it traded at ₹119.00, a 11.60% increase, with a market cap of ₹2,355.03 crore.

Deccan Gold Private Mine Launch 

Deccan Gold Mines announced operational launch of India first private gold mine in Andhra Pradesh scheduled for May marking first private sector gold extraction project in country.

The project highlights increasing private participation in mining sector in India. It is expected to strengthen domestic gold production capacity through commissioning of new mining operations in Andhra Pradesh.

The mine launch may support revenue generation from gold output for Deccan Gold Mines. Production capacity capex and earnings impact details have not been disclosed in available information.

Stock performance of Deccan Gold Mines for period of 1 week, 6 months, and 1 year

Deccan Gold Mines Ltd delivered a 1 week return of 5.74%, a 6 month return of -20.0%, and a 1 year return of 8.92%.

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Shareholding pattern of Deccan Gold Mines

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	20.60%	20.80%	24.20%
FII	1.80%	2%	1.90%
DII	0.20%	0.30%	0.20%
Public	77.30%	77%	73.80%

About Deccan Gold Mines

Deccan Gold Mines Ltd (BSE: 512068) is engaged in gold exploration in India and overseas using modern technology through its subsidiary and expanded portfolio.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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