Shares of Gujarat Mineral Development Corporation (GMDC) continued their strong upward momentum, surging 35.5% so far in September and touching a fresh 52-week high of Rs 547 on the BSE on Monday. The rally has been supported by robust investor interest, sectoral tailwinds, and optimism surrounding the company’s rare earth mining initiatives. The PSU stock … Read more
While China’s efforts to disrupt the global supply of rare earth elements has become the talking point, state-run Gujarat Mineral Development Corporation (GMDC) shares have silently rallied nearly 18% in the past eight trading sessions, remaining unbeaten six times in a row. Today, GMDC shares surged 2.5% to hit the day’s high of Rs 420.90 … Read more
Widely tracked companies such as Maruti Suzuki, Adani Enterprises, Adani Transmission, Titan, IndiGo, Bharti Airtel, Sun Pharma, SBI, M&M, Varun Beverages, and Bank of Baroda would be releasing their June quarter report cards this week. Here’s a list: July 31Maruti Suzuki, Power Grid Corporation of India, Adani Green Energy, Adani Transmission, GAIL, Bosch, UPL, Oberoi … Read more
Shares of state-owned minerals and lignite mining company (GMDC) rallied 5.2% to Rs 148.7 after the company reported a consolidated net profit of Rs 151.22 crore in Q2 FY23, rising 273% from the quarter ended September 2021. The company’s revenue from operations grew 19.26% to Rs 538.92 crore in the second quarter of the current … Read more
Nifty futures on the Singapore Exchange traded 278 points, or 1.61 per cent lower at 17,036, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: : The Tata Group’s IT major will officially kick-off earning season of India Inc. … Read more