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UMARSAR MINES
Metal stocks: Will they shine again? 6 counters can deliver over 32% returns, say analystsThe 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...
These 6 metal stocks can deliver over 65% returns, say analystsThe 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...
Expected total revenue generation will be around 320 crore: L Kulshrestha, CFO, GMDCL Kulshrestha, CFO, GMDC says that the Lignite demand is increasing day by day and because our lignite is cheaper now.
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...
- GMDC to start lignite production at Umarsar in April
The company also plans to start mining at Lakhpat Dhedadi lignite and limestone mines in Kutch, which are estimated to have 50 million tonn...
- GMDC gets MoEF nod for Umarsar lignite mines in Kutch
The mines have an estimated lignite reserves of 21 MT, and since long an environmental clearance was awaited for it, it said.
- Brokers’ call: GMDC, United Breweries and IT stocks like TCS, Infosys
Credit Suisse has maintained its ‘Outperform’ rating on Gujarat Mineral Development Corp (GMDC) and raised the target price to Rs 210.
- GMDC to set up global centre on mining safety and automation
State public sector unit Gujarat Mineral Development Corporation (GMDC) will set up a global centre on mining safety and automation in Guja...
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...
- What makes Gujarat Mineral Development Corporation a good long-term pick?
With the ramp-up in new mines and increased pricing, GMDC should be able to generate an annualised EPS growth of around 19% during 2012-14.
- GMDC's net profit up 12% at Rs 63 cr in Q2
Gujarat Mineral Development Corporation (GMDC) today reported a 12 per cent jump in its net profit at Rs 63 crore, on the back of robust li...