GMDC News 2025
Gujarat Mineral Development Corporation is a mining company owned by the Gujarat government in India. It was established in 1963 and is one of the largest state-owned mineral companies in the country. It provides minerals like lignite, bauxite, fluorspar, and manganese, which are used in industries such as power plants, steel, cement, and chemicals. In recent years, the company has also started working on important minerals like lithium, nickel, and cobalt, which are needed for batteries, electric cars, and clean energy.
The company’s shares went up on September 8, 2025, after the Union Cabinet approved a ₹1,500 crore plan under the National Critical Mineral Mission. This plan will help recycle and reuse important minerals like lithium, cobalt, nickel, and rare earths from old batteries and electronic waste. The goal is to cut down on imports, bring new investments, and build a strong local supply of these minerals in India. As it is already working on rare-earth and recycling projects, it is expected to gain a lot from this support. After the news, GMDC shares reached new highs with more people buying, as investors felt more confident about its growth and future in the clean-energy and mineral business.
GMDC shares a strong bullish move on September 4, 2025, as investors felt more positive about the company’s rare-earth mineral projects and market support. The stock has already gone up by about 35% in early September and reached a new one-year high of around ₹547. Experts believe the trend is still strong because chart patterns and signals are showing growth.
GMDC Shows Good Earnings Growth Potential – Sep 2, 2025
At the start of September, stocks showed a strong upward trend. In the June quarter (Q1 FY2026), the company earned ₹164 crore profit, a little lower than last year, but it still managed to keep good profit margins. Even with less revenue, the company’s steady performance has kept investors’ trust. It am also working on new projects in lignite, rare earths, copper, and coal, and have a clear plan for growth till 2030. All these things show that it has strong earnings potential and a positive future.
