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Uncommon earth mining inventory GMDC rallies 18% in 8 classes amid fears of provide disruptions

Whereas China’s efforts to disrupt the worldwide provide of uncommon earth parts has turn into the speaking level, state-run Gujarat Mineral Improvement Company (GMDC) shares have silently rallied practically 18% up to now eight buying and selling classes, remaining unbeaten six instances in a row. In the present day, GMDC shares surged 2.5% to hit […]
By Bhupendra Mewada Jun 11, 2025, 16:08 IST
Uncommon earth mining inventory GMDC rallies 18% in 8 classes amid fears of provide disruptions

Whereas China’s efforts to disrupt the worldwide provide of uncommon earth parts has turn into the speaking level, state-run Gujarat Mineral Improvement Company (GMDC) shares have silently rallied practically 18% up to now eight buying and selling classes, remaining unbeaten six instances in a row.

In the present day, GMDC shares surged 2.5% to hit the day’s excessive of Rs 420.90 on the NSE.

The smallcap inventory has seen excessive investor traction on the BSE and NSE. In the present day, the volumes had been up by 1.11 instances on the BSE.

The inventory has gained 40% up to now one month, outperforming headline indices Nifty and BSE Sensex by important margin. The returns by Nifty and Sensex throughout this era have been 5% and 4%, respectively. The final three months’ good points are at 62%.

GMDC is India’s main mining and mineral processing firm, and the corporate claims to be the nation’s prime service provider vendor of lignite and the quantity 2 producer of lignite.


With a market capitalisation of Rs 13,160 crore, GMDC has seen sharp reversal after hitting its 52 week low of Rs 226.59 on March 3. It’s simply 6% shy of its 52-week excessive of Rs 439.90.GMDC’s March quarter consolidated web revenue was reported at Rs 226 crore, which is development of 9.2% over Rs 207 crore reported within the yr in the past interval. The consolidated income within the quarter below overview stood at Rs 904 crore, rising by 10% over Rs 822 crore reported within the corresponding quarter of the final monetary yr.Based on Trendlyne, GMDC’s MFI is hovering close to 93 MFI and above 80 it’s thought-about to be strongly overbought. This suggests that inventory might present pullback. In the meantime, RSI of 78 is an extra indication of the inventory buying and selling in an overbought zone. RSI above 70 is taken into account to be overbought.

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(Disclaimer: Suggestions, strategies, views and opinions given by the consultants are their very own. These don’t characterize the views of Financial Instances)

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