The focus of analysts is back on metal stocks. Unlike 2021 and early 2022 when the outlook was bullish across the board. This time around i...

L Kulshrestha, CFO, GMDC says that the Lignite demand is increasing day by day and because our lignite is cheaper now.

GMDC 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...

Industry experts believe that the tax rate for GMDC on lignite could reduce from 37%, at present to 12%, post GST.

With volume expansions at its other lignite mines providing further growth visibility GMDC, once again, is becoming a structural growth sto...

Initiating the process of allocation of lignite mines, the Coal Ministry has invited proposals from Gujarat and Rajasthan PSUs.

The company also plans to start mining at Lakhpat Dhedadi lignite and limestone mines in Kutch, which are estimated to have 50 million tonn...

The mines have an estimated lignite reserves of 21 MT, and since long an environmental clearance was awaited for it, it said.

The company's profit in the corresponding period last year was Rs 153.11 crore, an official statement said.

Gujarat Mineral Development Corporation (GMDC) will double its lignite mining capacity in Bhavnagar and Kutch to tackle rising demand.

PINC Research has maintained ‘hold’ on Gujarat Mineral Development Corporation. The company’s net sales were in line with the brokerage exp...