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  • Mining major GMDC shares near record high with heavy volumes on Centre's rare earth focus

    The company has been in focus of late with the Centre planning a concerted push towards rare earth mining to secure supplies, as well as the company's stated plans to foray into new mining ventures.

  • Rare earth crisis draws PMO's attention, GMDC shares up 13% ahead of stakeholder meeting

    Rare earth crisis draws PMO's attention, GMDC shares up 13% ahead of stakeholder meeting

    GMDC has stated intentions of entering the critical mineral space, including rare earth, and the company has been working towards this, through it has not officially disclosed details of its plans yet.

  • GMDC stocks falls 3% on sharp dip in Q4 net profit, revenue

    GMDC stocks falls 3% on sharp dip in Q4 net profit, revenue

    GMDC is a mining and mineral processing company engaged in lignite exploration and supply in Gujarat. It operates through two segments - Mining and Power.

  • Metal stocks trade 13% brighter as MOIL, GMDC, Nalco, JSW Steel, Tata Steel spike

    Metal stocks trade 13% brighter as MOIL, GMDC, Nalco, JSW Steel, Tata Steel spike

    Shares of Nalco, Hindustan Copper, SAIL, Hindalco, JSW Steel, Tata Steel, Welspun Corporation jumped up to 5 percent.

  • Gujarat PSU shares rally on new policy for dividend, bonus shares

    Gujarat PSU shares rally on new policy for dividend, bonus shares

    The Gujarat government has announced a new policy for minimum levels of dividend distribution and bonus shares for its state public sector companies, including listed entities

  • GMDC jumps 10% after Edelweiss initiates coverage with buy call, sees 22% upside

    GMDC jumps 10% after Edelweiss initiates coverage with buy call, sees 22% upside

    Edelweiss expects GMDC to surpass the Rs 5,000 crore (3 percent CAGR) EBITDA barrier by FY21.

  • MOIL, GMDC plan to set up plant in Gujarat

    MOIL, GMDC plan to set up plant in Gujarat

    State-run manganese ore producer MOIL on Friday announced that it has entered into a pact with GMDC to set up a plant in joint venture in Gujarat with an investment of around Rs 250 crore and to conduct joint exploration of manganese-bearing areas.

  • Ideas for Profit: 6 safe dividend yield stocks for uncertain times

    Ideas for Profit: 6 safe dividend yield stocks for uncertain times

    Listed below is six such state-run entities, which are strong businesses and command pole position in the industry

  • Looking to invest in value-for-money stocks? ABB, Apar Industries among top 5 stocks to buy

    Looking to invest in value-for-money stocks? ABB, Apar Industries among top 5 stocks to buy

    The approach of having a decent mix of debt and equity in one’s portfolio is an important thing to balance the repercussions arising out of unstable times.

  • Mining stocks attractively priced

    Mining stocks attractively priced

    At 6 times FY19 estimated earnings, GMDC remains one of our attractive picks in the mining space

  • Buy GMDC; target of Rs 210: HDFC Securities

    Buy GMDC; target of Rs 210: HDFC Securities

    HDFC Securities is bullish on GMDC has recommended buy rating on the stock with a target price of Rs 210 in its research report dated May 13, 2018.

  • GMDC: Growth attractively priced

    GMDC: Growth attractively priced

    Moreover, higher volumes are coming at a time when the lignite prices are higher as a result of firm international coal prices.

  • Q2 show: Why these 6 companies could be worthy bets

    Q2 show: Why these 6 companies could be worthy bets

    While some of our recommended companies have surpassed our expectations, for a few others, the quarter turned out to be a dull one.

  • Buy NMDC, Hindustan Zinc, GMDC: Sudip Bandhopadhyay

    Buy NMDC, Hindustan Zinc, GMDC: Sudip Bandhopadhyay

    Sudip Bandhopadhyay, Market Expert recommends buying NMDC, Hindustan Zinc and GMDC.

  • Buy Jet Airways, United Spirits, L&T Finance, GMDC, Tata Steel: Ashwani Gujral

    Buy Jet Airways, United Spirits, L&T Finance, GMDC, Tata Steel: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, United Spirits, L&T Finance Holdings, GMDC and Tata Steel.

  • Buy HUL, Maruti, Chambal Fertiliser, PTC India; sell GMDC: Ashwani Gujral

    Buy HUL, Maruti, Chambal Fertiliser, PTC India; sell GMDC: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hindustan Unilever, Maruti Suzuki, Chambal Fertiliser and PTC India and can sell GMDC.

  • Buy ITC, GMDC, TVS Motor Company: Ashwani Gujral

    Buy ITC, GMDC, TVS Motor Company: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com recommends buying ITC, GMDC and TVS Motor Company.

  • Buy Ashok Leyland, GMDC, JBF Ind; sell Ambuja Cements, EIL: Ashwani Gujral

    Buy Ashok Leyland, GMDC, JBF Ind; sell Ambuja Cements, EIL: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Ashok Leyland, GMDC and JBF Industries and can sell Ambuja Cements and Engineers India.

  • GMDC Q4 PAT soars 127% at Rs 90 cr

    GMDC Q4 PAT soars 127% at Rs 90 cr

    The company had posted a PAT of Rs 39.56 crore in the year-ago quarter, GMDC said in a regulatory filing.

  • Buy Kotak Mahindra Bank, GMDC; sell Sun TV: Ashwani Gujral

    Buy Kotak Mahindra Bank, GMDC; sell Sun TV: Ashwani Gujral

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Kotak Mahindra Bank and GMDC and sell Sun TV.

  • Buy GMDC, Marico: Mitessh Thakkar

    Buy GMDC, Marico: Mitessh Thakkar

    Mitessh Thakkar of mitesshthakkar.com advises buying Marico and GMDC.

  • Buy GMDC; target of Rs 160: HDFC Securities

    Buy GMDC; target of Rs 160: HDFC Securities

    HDFC Securities is bullish on GMDC has recommended buy rating on the stock with a target price of Rs 160 in its research report dated May 15, 2017.

  • 0% returns for 10 years, but here's why you should look at GMDC stock now

    0% returns for 10 years, but here's why you should look at GMDC stock now

    Gujarat Mineral Development Corporation (GMDC) could be one of those boring commodity stocks that have given no returns since the last burst of commodity cycle in 2008. But growth in volumes and realisations provides a good earning visibility, which will be further enhanced because of the implementation of GST.

  • GMDC surges 15% on strong Q4 numbers

    GMDC surges 15% on strong Q4 numbers

    Total income rose 49.5 percent at Rs 543.9 crore against Rs 363.9 crore.

  • To use excess cash of Rs 1100 cr for tech upgradation & other biz segments: GMDC

    To use excess cash of Rs 1100 cr for tech upgradation & other biz segments: GMDC

    In an interview to CNBC-TV18, L Kulshrestha, CFO of Gujarat Mineral Development Corporation (GMDC) spoke about the results and his outlook for the company.

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