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GMDC EARNINGS
Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurr...- F&O Talk: Midcaps, smallcaps stage sharp comeback, trade above key moving averages. What's the outlook?Domestic markets closed higher on Friday, led by consumer and metal stocks, with Nifty and Sensex posting gains. Analyst Sudeep Shah of SBI...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities ended higher, led by consumer and metal stocks, while IT lagged due to weak earnings. Nifty and Sensex posted gains with po...
- GMDC shares rally 12%, market value soars by Rs 2,000 crore: What’s behind the surge?Gujarat Mineral Development Corporation (GMDC) shares rose sharply on Friday, adding Rs 2,000 crore in market value after reports of its in...
- GMDC shares rise for third straight session, up 7% on government rare earth incentiveGujarat Mineral Development Corporation (GMDC) shares surged 7% for a third consecutive day following a Rs 7,280-crore government incentive...
- Multibagger in 6 months, GMDC shares surge 13% to hit fresh 52-week highGMDC is one of India’s leading mining and mineral processing companies with operations for more than five decades.
- GMDC Q4 PAT at Rs 177 crThe company had posted a consolidated post-tax loss of Rs 184.63 crore in the year-ago period, GMDC said in a filing to BSE.
- Gujarat Mineral Development Corp zooms 8% on robust Q3 earnings performanceAnalysts expect the business momentum to continue given the focus on increasing volume further in the coming years and improving profitabil...
- Rising output helps script a turnaround at miner GMDCAfter languishing for over five years, GMDC’s mining volume has started showing improvement
- Lower VAT on lignite in GST regime to boost GMDC’s profitabilityGMDC incurs 37% tax on lignite, including VAT and excise duty. According to analysts, in case of 18% GST rate, levies will be reduced by `2...
- Accumulate Coal India Ltd., target Rs 320.0 : Prabhudas LilladherPrabhudas Lilladher said Q1FY17 earnings were below expectations. It pegged PE at 15.5x FY17 and 14.7x FY18 estimated earnings.
- GMDC consolidated Q4 net profit up at Rs 235 croreThe consolidated total income decreased from Rs 484.2 crore for the quarter ended March 31, 2014 to Rs 446.4 crore for the quarter ended Ma...
- Why the worst is behind for Gujarat Mineral Development CorporationWith volume expansions at its other lignite mines providing further growth visibility GMDC, once again, is becoming a structural growth sto...
- Gujarat Mineral Q2 stand-alone net profit down by 72.5%The company's stand-alone net profit in the corresponding quarter of the last fiscal was Rs 168.81 crore, the company said in a filing to B...
- Brokers’ call: GMDC, United Breweries and IT stocks like TCS, InfosysCredit Suisse has maintained its ‘Outperform’ rating on Gujarat Mineral Development Corp (GMDC) and raised the target price to Rs 210.
- GMDC to gain as uncertainty over coal supply brings lignite in focusAmidst the uncertainty over domestic coal supplies, the Gujarat Mineral Development Corporation (GMDC) has emerged as a strong substitute t...
- GMDC Q1 net profit up by 11.36 pc at Rs 170.51 croreThe company's profit in the corresponding period last year was Rs 153.11 crore, an official statement said.
- Nalco gets nod for Rs 12,000-crore investment to set up JV plants with GMDCGujarat government, last week, okayed the Rs 12,000-crore investment plan by National Aluminium Company in Gujarat to set up an alumina and...
- Vedanta, Andhra co to source GMDC bauxiteVedanta Resources and Vishakhapattanam-based AnRak Aluminium limited will source 3 lakh tonnes bauxite from Gujarat Mineral Development Cor...
- Vedanta wins bid to buy 5 lakh MT of bauxite from GMDCVedanta Resources has won a bid to acquire over five lakh MT of the mineral from Gujarat Mineral Development Corporation.
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