GMDC Extends Rally, Share Price Rises 4.89% in Trade After Policy Boost

Mumbai, November 27, 2025: Gujarat Mineral Development Corporation Ltd (NSE: GMDC | BSE: 532181) extended its upward momentum for the second straight session on Thursday, with the stock surging over 4%, continuing its strong rally that began yesterday.

Key Driver

GMDC’s latest surge comes after the company announced that one of its strategic schemes has received approval from the Union Cabinet. Valued at ₹7,280 crore, the scheme aims to accelerate domestic manufacturing of rare-earth permanent magnets — a critical component for high-growth sectors such as electric mobility, aerospace, electronics and defence systems.

The broader sentiment across the minerals and materials value chain has also turned positive, further supporting the stock’s move. Under this approved scheme, GMDC is set to develop a 6,000 MTPA production capacity, reinforcing its position in a strategically vital segment.

Market Snapshot

The share price of Gujarat Mineral Development Corporation Limited was trading at ₹553.95 as of November 27, 2025, 14:47 pm. This was a 4.89% or ₹25.85 rise from its previous close of ₹528.10. The intraday range so far has been between ₹538.75 and ₹575.90. The company has had an active trading session so far. Its total market capitalisation stands at ₹17,617.20 crore. Further, it had a total traded value and volume of ₹2,528.43 crore and 450.17 lakh shares, respectively.

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