Case study

DECNGOLD

Deccan Gold Mines Limited

Tread carefully1y model -4.5%

Each stock's 10,000-path forecast, rendered as light.

31Score

Deccan Gold Mines Limited (DECNGOLD) Stock Analysis & Case Study

Is DECNGOLD a good buy? The data-driven verdict.

Deccan Gold Mines Limited (DECNGOLD) trades at ₹216,on the numbers it tread carefully, a Downstox Snapshot Score of 31/100.

On the numbers, Deccan Gold Mines Limited (DECNGOLD) tread carefully, a Downstox Snapshot Score of 31/100, weighing premium at 25.1× earnings, ROE of -14.1%, a 47% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

DECNGOLD fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹4,296 Cr
Current price
₹216
P/E ratio
25.1×
P/B ratio
8.61×
Book value
₹25
ROCE
-13.1%
ROE
-14.1%
Piotroski F-Score
3/8

How DECNGOLD ranks against the 2,373 companies in our screener

Is DECNGOLD overvalued? DECNGOLD P/E vs peers

DECNGOLD trades at 25.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

DECNGOLD share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of DECNGOLD history (13%/yr drift, 60%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
DECNGOLD 2027₹95₹206₹445-4%
DECNGOLD 2028₹68₹197₹574-9%
DECNGOLD 2029₹52₹188₹687-13%
DECNGOLD 2030₹39₹180₹825-17%
DECNGOLD 2031₹32₹172₹930-20%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability DECNGOLD goes up, or doubles?

47%
Higher in 1 year
Modelled chance the price is above today in 12 months
43%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹432 within 5 years

The bull case for DECNGOLD

  • Deccan Gold Mines Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹687.

The bear case & risks

  • DECNGOLD's P/E of 25.1x is lower than 53% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 8.6× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • DECNGOLD's Piotroski F-Score of 3/8 ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (60%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹52.

DECNGOLD volatility & expected range, how bumpy is the ride?

Over the last 9.8 years DECNGOLD compounded at 13%/year with annualized volatility of 60%. That volatility implies a 1-year 80% range of ₹95-₹445, the honest backbone behind any single price target.

DECNGOLD price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
4.5%
80% range₹95-₹445
P(price ↑)47%
P(price 2×)11%
3-Year Forecast
2029
₹0
Median (P50)
12.8%
80% range₹52-₹687
P(price ↑)45%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
20.5%
80% range₹32-₹930
P(price ↑)43%
P(price 2×)25%

DECNGOLD price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
DECNGOLD simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds DECNGOLD hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the DECNGOLD price target & forecast page.

DECNGOLD Piotroski F-Score: 3/8, how financially strong is it?

3/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. DECNGOLD scores 3/8, weak on the financial-strength checks.

DECNGOLD MTF margin & leverage across 7 brokers

Margin Trading Facility lets you buy DECNGOLD with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox45.69%2.2×
Zerodha45.70%2.2×
Groww45.69%2.2×
Kotak Neo100.00%1.0×
Paytm Money45.69%2.2×
Pocketful45.90%2.2×
Share IndiaCHEAPEST45.17%2.2×

Compare every broker on the DECNGOLD MTF page.

About Deccan Gold Mines Limited: sector, index & market-cap context

Deccan Gold Mines Limited (DECNGOLD) is a small-cap NSE-listed company, with a market capitalisation of ₹4,296 Cr. See more stocks on our screener.

How the DECNGOLD Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Deccan Gold Mines Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

DECNGOLD analysis, FAQs

Is Deccan Gold Mines Limited (DECNGOLD) a good buy?

On the numbers, Deccan Gold Mines Limited (DECNGOLD) tread carefully, a Downstox Snapshot Score of 31/100, weighing premium at 25.1× earnings, ROE of -14.1%, a 47% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is DECNGOLD overvalued or undervalued?

DECNGOLD trades at 25.1× earnings, premium versus the ~22× long-run Nifty average.

What is the DECNGOLD share price target for 2031?

DECNGOLD's probability-weighted 2031 median target is ₹172, with an 80% range of ₹32-₹930 (10,000-path Monte-Carlo).

What is the probability DECNGOLD doubles in 5 years?

The modelled probability of DECNGOLD reaching ₹432 (2×) within 5 years is 25%.

What is the bull case for DECNGOLD?

Deccan Gold Mines Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in DECNGOLD?

DECNGOLD's P/E of 25.1x is lower than 53% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 8.6× price-to-book means most of the value is intangible/expectations, not assets on the books. DECNGOLD's Piotroski F-Score of 3/8 ranks in the 15th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on DECNGOLD