Midwest Gold Ltd’s stock has rocketed over 4,000% this year, dwarfing even the massive jump in gold prices.
Gold prices in India have surged
At the start of 2025, gold was trading around ₹76,777 per 10 grams. By 26 December 2025, the price had climbed to about ₹1,40,465 per 10 grams – an 80% gain for anyone who bought gold at the beginning of the year.
The February 2026 gold futures were slightly higher, up 0.9% to ₹136,162 per 10 grams, showing continued buying interest.
Midwest Gold’s recent financial performance
For the July‑September quarter, the company reported a net profit of ₹72.57 lakh, reversing a loss of ₹37.46 lakh in the same period a year earlier.
- Revenue from core operations: fell to ₹52,000 from ₹1.14 lakh the previous year.
- Other income: rose sharply to ₹1.75 crore from ₹12.87 lakh.
Share price explosion
Midwest Gold’s stock has delivered eye‑popping returns:
- More than 45,400% gain over the past five years.
- 4,144% increase in the last 12 months.
- 4,000% jump YTD (2025).
- 20.75% rise in the past month.
- 7.27% higher over the last five trading sessions.
The stock hit a 52‑week high of ₹5,050 on 30 December 2025, after touching a low of just ₹111.57 a year earlier. Its market capitalisation stood at roughly ₹5,235.62 crore.
What this means for everyday investors
The dramatic stock rise is tied to both the broader gold rally and Midwest Gold’s improving earnings. However, such large moves can also bring higher risk. Investors should weigh the company’s revenue dip against its profit turnaround and consider how much of the price jump is already priced in.
Disclaimer
Remember, this is just an overview, not a prediction. Do your own research or talk to a qualified financial adviser before making any investment decisions.