Gujarat Mineral Development Corporation (GMDC) is drawing attention in the stock market as its Q1 FY26 earnings announcement approaches on July 25, 2025. The stock has surged 14.75% over the past month.
In May, Gujarat Mineral Development Corporation Ltd. (GMDC) has signed a Long-Term Supply Agreement (LSA) with City Gold Pipes Pvt. Ltd. (A consortium of Goldcrest Cement Private Limited and Kailash Darshan Housing Development (Gujarat) Private Limited) for the supply of 150 million tons of limestone over a period of 40 years from its upcoming Lakhpat Punrajpur Mine in Lakhpat Taluka of Kutch District in Gujarat.
Gujarat Mineral Development Corporation Limited(GMDC), a premier public sector enterprise in India’s mining industry, took a major step towards bolstering India’s rare earth elements (REE) self-sufficiency. The milestone was marked by the formal handover of exploration and geological data for the Ambadongar rare earth deposit from the Atomic Minerals Directorate for Exploration & Research (AMD) to the Chief Minister of Gujarat at a significant event in Gandhinagar.
Read More: GHCL Share Price Rises After Gujarat Mining Lease Renewal and Project Expansion!
On July 23, 2025, GMDC share price opened at ₹461.75 on NSE, above the previous close of ₹457.50. During the day, it surged to ₹472.40 and dipped to ₹457.25. The stock is trading at ₹463.00 as of 11:56 AM. The stock registered a moderate gain of 1.20%.
Over the past week, it has moved up by 22.03%, over the past month, it has moved up by 14.75%, and over the past 3 months, it has moved up by 42.95%.
GMDC’s share price rally of 14.75% in the past month sets the stage for its Q1 FY26 results announcement on July 25, 2025. With rising investor interest and strategic clarity from the board, the upcoming financials will be closely watched for growth cues and earnings resilience.
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Published on: Jul 23, 2025, 1:26 PM IST
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