GMDC

** Gujarat Mineral Development Corporation GMDC.NS up as much as 6.5% at 698.20 rupees

** The Quad group of countries have agreed to launch an initiative on Indo-Pacific Energy Security and a critical minerals framework, U.S. Secretary of State Marco Rubio said on Tuesday

** Quad includes Australia, India, Japan and the U.S.

** GMDC's portfolio focuses on high-purity light rare earth elements - neodymium, praseodymium, cerium, and lanthanum -used in magnets, automotive components, electronics, and batteries

** Stock up ~15% YTD

(Reporting by Urvi Dugar in Bengaluru)

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May 14 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - RECOMMENDS DIVIDEND OF 9.50 RUPEES PER EQUITY SHARE

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - MARCH-QUARTER CONSOL PROFIT 1.94 BILLION RUPEES

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.14 BILLION RUPEES

Source text: ID:nNSE89tvCw

Further company coverage: GMDC.NS

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** Gujarat Mineral Development Corporation GMDC.NS up 2.1% at 543.5 rupees

** Co signs MoU with NMDC NMDC.NS to explore opportunities for collaboration in rare earth elements sector

** Collaboration to primarily explore GMDC's Ambadungar rare earth deposit

** NMDC trading flat

** GMDC has been above its 200-day simple moving avgs since May 2025, indicating bullish sentiment

** YTD, GMDC down 10%

(Reporting by Anuran Sadhu in Bengaluru)

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March 16 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - SIGNS MOU WITH NMDC LIMITED FOR RARE EARTH ELEMENTS COLLABORATION

• 
  

Source text: ID:nNSE4lhXkT

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Feb 27 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - RECEIVES ENVIRONMENTAL CLEARANCE FOR MINE IN KUTCH

• GMDC - CLEARANCE ENHANCES LONG-TERM PRODUCTION VISIBILITY, STRENGTHENS MINERAL RESOURCE BASE

Source text: ID:nBSE4830XY

Further company coverage: GMDC.NS

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Feb 26 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• CO AND NTPC SIGN MOU FOR COAL AND LIGNITE GASIFICATION

Source text: ID:nBSE9Kx17t

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Feb 13 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION DEC-QUARTER CONSOL PROFIT 1.33 BILLION RUPEES

• GUJARAT MINERAL DEVELOPMENT CORPORATION DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.79 BILLION RUPEES

Source text: ID:nBSEWPk81

Further company coverage: GMDC.NS

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** Shares of Gujarat Mineral Development Corporation GMDC.NS and Orissa Minerals Development Company ORIS.NS rise 3.3% and 2%, respectively

** Indian Finance Minister Nirmala Sitharaman announced proposal to support Odisha, Kerala, Andhra Pradesh and Tamil Nadu States to develop rare-earth corridors

(Reporting by Urvi Dugar in Bengaluru)

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Jan 19 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD - RECEIVES RARE EARTH PROCESSING TECHNOLOGY FROM BARC

Source text: ID:nBSE9vzTsL

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Dec 11 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• EXPANSION INTO COAL SECTOR

Source text: ID:nBSE6HR2s6

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** Gujarat Mineral Development Corporation GMDC.NS jumps 12% to record high of 510 rupees; set for sharpest intraday pct gain in seven weeks

** Stock soars ~26% this week; set for best weekly gain since week ended January 14, 2022

** Week's gains driven by government approving 15 bln-rupee ($171.4 mln) incentive scheme on Wednesday to promote critical mineral recycling in country

** Stock rose 4.5% on Wednesday before announcement in anticipation of approval, fell marginally on Thursday

** 677,001 shares traded in 5 block deals at 488.5-511.5 rupees, data compiled by LSEG showed

** Overall more than 26.5 mln shares traded, 5.8x 30-day moving avg; stock sees busiest session since July 18

** YTD, GMDC gains 58%

($1 = 87.5060 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

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** Shares of India's Gujarat Mineral Development Corporation GMDC.NS down 2.2% to 425 rupees

** State-owned miner reported 11% Y/Y decline in Q1 consol net PAT, 10.5% drop in total income from ops

** Stock on track for third straight session of losses

** YTD stock up 31%

(Reporting by Hritam Mukherjee in Bengaluru)

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July 25 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION JUNE-QUARTER CONSOL PROFIT 1.64 BILLION RUPEES

• GUJARAT MINERAL DEVELOPMENT CORPORATION JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.33 BILLION RUPEES

Source text: ID:nBSE9qnWFz

Further company coverage: GMDC.NS

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** Shares of Gujarat Mineral Development Corporation (GMDC) GMDC.NS rise 4.9% to 401.50 rupees apiece

** Rise in the mining and mineral processing company comes after Reuters reports India is in talks with companies to establish long-term stockpiles of rare earth magnets

** The Indian government is looking to offer production-linked fiscal incentives (PLI) for domestic production, according to people familiar with the matter

** While building a supply chain for rare earth magnets could take years, it would lower India's dependence on shipments from China

** China's measures on April 4 to curb exports of rare earth materials sent shockwaves in the Indian auto industry

** GMDC shares up 19% in 2025 so far outperforming smallcap index .NIFSMCP100 which is down 1.1%, exchange data shows

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Shares of Gujarat Mineral Development Corporation Ltd GMDC.NS rise as much as 4.6%

** Mining co reported a 20.8% y/y rise in Q4 consol profit to 2.26 bln rupees ($26.4 mln); rev grew 4.8%

** Bigger segment mining's rev up 4.7% y/y

** Stock on track to snap 3 weeks of losses; gained 8.3% so far this week

** More than 2.5 mln shares traded as of 2:27 p.m. IST, against their 30-day moving avg of above 1.6 mln shares

** GMDC last up 3.1%, cutting YTD losses to 0.8%

($1 = 85.5600 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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** Shares of Gujarat Mineral Development Corporation GMDC.NS rise as much as 12.9% to 370.60 rupees

** Stock's sharpest intraday pct gain since Nov. 8, 2023

** The lignite miner on Tuesday reported 71.4% Y/Y rise in Q2 consolidated profit, rev from ops rose ~55%

** Stock is witnessing its most active trading session since July 8; more than 10 mln shares change hands, 9.6x of 30-day avg

** Stock last up 10.8%, trimming YTD loss to 10.6%

(Reporting by Ashish Chandra in Bengaluru)

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Sept 19 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• HANDOVER OF EXPLORATION DATA FOR AMBADONGAR RARE EARTH DEPOSIT

• AIMS TO ESTABLISH COMPLETE SUPPLY CHAIN IN RARE EARTH PROCESSING

• INVESTMENT OF 22 BILLION RUPEES FOR MINING AND PROCESSING

• INVESTMENT OF ADDITIONAL 13 BILLION RUPEES FOR REE PROCESSING HUB

Source text for Eikon: ID:nBSE40Pc02

Further company coverage: GMDC.NS

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** Shares of mining-related firms gain between 2% and 6.7%

** Finance Minister Nirmala Sitharaman announces exemption from import duty on 25 critical minerals in budget speech

** 20 Microns' MICR.NS 6.7% gain the highest, trailed by Orissa Minerals Development Co's ORIS.NS 2% climb

(Reporting by Kashish Tandon in Bengaluru)

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July 9 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GERC APPROVED AMENDMENTS TO POWER PURCHASE AGREEMENT OF CO

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June 25 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• GUJARAT MINERAL DEVELOPMENT CORPORATION - GMDC AND GUJARAT URJA VIKAS NIGAM JOIN HANDS

Source text for Eikon: ID:nNSE4RC5RJ

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** Shares of Gujarat Mineral Development Corp GMDC.NS down 3% to 390.7 rupees

** The lignite miner's March-qtr profit fell ~54% Y/Y, rev from ops down ~25%

** Stock to log sixth straight session of losses, if trend holds

** Its shares have fallen 6.7% so far in May, after rising in the previous month

(Reporting by Manvi Pant in Bengaluru)

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** Shares of miner Gujarat Mineral Development Corp GMDC.NS up 3.8% to 416.5 rupees

** GMDC says it has approved a capital outlay of 30.41 bln rupees (about $367 mln) for the fiscal year 2025

** Stock on track to snap two consecutive weeks of losses, if trends hold

** GMDC trading above its 200-day moving average since last April

** Including session's moves, stock up 2.1% so far this year, following a 177.5% surge in 2023

($1 = 82.8920 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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** Shares of Gujarat Mineral Development Corp GMDC.NS down ~9.5% at 389 rupees

** Mining co on Friday reported a 56% drop in Dec-quarter profit, revenue fell ~34

** Stock had settled 10.5% lower on Friday after the results

** GMDC has lost ~19% since Friday, its biggest two-day fall since May 2022

** Stock down ~15% in Feb so far, after rising 12.5% in Jan

(Reporting by Nishit Navin in Bengaluru)

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** Shares of miner Gujarat Mineral Development Corp GMDC.NS rise nearly 9%, hitting a record high

** GMDC nn Monday said it received environmental clearance for lignite capacity expansion

** Stock on track for a fourth consecutive session of gains, if trend holds

** GMDC rose for the third straight qtr in the Dec-qtr

** GMDC rose around 178% last year, its biggest yearly gain since listing in 1998

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of Gujarat Mineral Development Corp GMDC.NS rise as much as 4.9% to 423.90 rupees

** GMDC plans to spend 9 bln rupees ($108.24 mln) to develop underground copper mine in Gujarat state - Hindu BusinessLine report

** GMDC did not immediately reply to Reuters' request for confirmation of the plan

** Stock on track to snap three consecutive sessions of losses, if trend holds; eyes sixth straight month of gains

** More than 6.2 mln shares change hands by 2:26 p.m. IST, 0.9x the 30-day avg

** Stock up ~184% YTD

($1 = 83.1490 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of Gujarat Mineral Development Corporation GMDC.NS rise as much as 11.8% to hit a record high of 439 rupees

** More than 633,000 shares change hands in four block deals as of 2:40 p.m. IST, at a price between 421.35 rupees and 436.30 rupees - LSEG data

** If trend holds, stock will log gains for a third straight session

** More than 32 mln shares changed hands by 2:40 p.m. IST, 3.5x their 30-day avg

** Stock last up 10.7%, taking YTD gains to ~196%

(Reporitng by Nishit Navin)

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** Shares of Gujarat Mineral Development Corporation GMDC.NS fall 11.3% to 312.20

** Co on Wednesday reported a 51.3% fall in consolidated profit for qtr ended Sept. 30 to 745.9 mln rupees

** Stock on track to decline for fourth straight session, if trend holds

** Stock currently above its 100-, 200-day simple moving avg; GMDC has been above 100-day SMA since Apr. 26

** Qtrly consolidated rev from ops fell ~29% rupees; mining segment rev, the biggest contributor, fell 30.5% Y/Y

** About 8.1 mln shares traded as of 10:32 a.m. IST, vs 30-day avg of ~9.8 mln shares

** GMDC last down 7.8%; including session's move, stock up 120.7% YTD

(Reporting by Meenakshi Maidas in Bengaluru)

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Nov 1 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• INDIA'S GUJARAT MINERAL DEVELOPMENT CORPORATION SEPT-QUARTER CONSOL PROFIT 745.9 MILLION RUPEES VERSUS PROFIT 1.51 BILLION RUPEES

• GUJARAT MINERAL DEVELOPMENT CORPORATION LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.83 BILLION RUPEES VERSUS 5.39 BILLION RUPEES

Further company coverage: GMDC.NS

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** Shares of mining companies MMTC MMTC.NS, NMDC NMDC.NS, Coal India COAL.NS, Moil MOIL.NS Gujarat Mineral Development Corp GMDC.NS, Hindustan Zinc HZNC.NS, Hindustan Copper HCPR.NS and National Aluminium Co NALU.NS rise between 2% and 20%

** MMTC up 20%, MOIL up 10%, NMDC up 6% and GMDC up 5%, respectively

** Shares rise after government approved royalty rates for mining strategic minerals lithium, niobium and rare-earth elements

** Approval to enable government to auction blocks for these minerals for the first time in India

** Royalty rate of 3% fixed on lithium and niobium, 1% for rare-earth elements

** Royalty rate is a crucial financial consideration for bidders in auction of blocks

** India currently conducting exploration for critical and strategic minerals

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

Aug 17 (Reuters) - Gujarat Mineral Development Corporation Ltd GMDC.NS:

• TO UPWARDLY REVISE DIVIDEND FOR FY 2022-23 TO 11.45 RUPEES PER SHARE FROM 9.1 RUPEES PER SHARE EARLIER

Source text for Eikon: ID:nBSE7H6t7d

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