Gujarat Mineral Development Corporation Ltd. (1D)
CMP 417.15
- Near All Time High
- After 2 Week Tight Close stock is Ready for Upmove
Sector : Mining
Industry : Mining & Minerals
Market Cap : 13,265.37 cr.
Category : Small Cap
PE : 13.11
Industry PE : 8.99
PEG : 0.46
About Company
The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects.
Gujarat Mineral Development Corporation (GMDC) was incorporated on 15th May, 1963 to develop major Mineral Resources in the State and started with a Silica Sand quarrying Plant near Surajdeval (Dist. Surendranagar) for crushing and screening of Silica Sand required for Glass Industry. From this humble starting, GMDC today boasts of a vast array of Mineral Portfolio in its mineral rich basket. Hence, the journey of GMDC begins for Mining Sector of Gujarat.
The Fledgling State acutely the need to have a rapid Industrial Development, for requires Fuel and Energy resources. The motive inspired the state to incorporate a Public Sector Company that would target exclusive development of Mineral Resources endowed on the state. Thus, began a historical journey which has today reached a milestone of Glorious fifty five years.
Business area of the company
The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects.
Products
Minerals & Mines
• Lignite
• Bauxite
• Fluorspar
• Manganese
• Silica Sand
• Limestone
• Bentonite
• Ball Clay
Power
• Thermal Power
• Wind Power
• Solar Power
• Green Footprint
CMP 417.15
- Near All Time High
- After 2 Week Tight Close stock is Ready for Upmove
Sector : Mining
Industry : Mining & Minerals
Market Cap : 13,265.37 cr.
Category : Small Cap
PE : 13.11
Industry PE : 8.99
PEG : 0.46
About Company
The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects.
Gujarat Mineral Development Corporation (GMDC) was incorporated on 15th May, 1963 to develop major Mineral Resources in the State and started with a Silica Sand quarrying Plant near Surajdeval (Dist. Surendranagar) for crushing and screening of Silica Sand required for Glass Industry. From this humble starting, GMDC today boasts of a vast array of Mineral Portfolio in its mineral rich basket. Hence, the journey of GMDC begins for Mining Sector of Gujarat.
The Fledgling State acutely the need to have a rapid Industrial Development, for requires Fuel and Energy resources. The motive inspired the state to incorporate a Public Sector Company that would target exclusive development of Mineral Resources endowed on the state. Thus, began a historical journey which has today reached a milestone of Glorious fifty five years.
Business area of the company
The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes. The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects.
Products
Minerals & Mines
• Lignite
• Bauxite
• Fluorspar
• Manganese
• Silica Sand
• Limestone
• Bentonite
• Ball Clay
Power
• Thermal Power
• Wind Power
• Solar Power
• Green Footprint
Comment:
Already covered at 170.85
