Gujarat Mineral Development Corporation Ltd. Stock Analysis GMDCLTD.NS

Gujarat Mineral Development Corp. Ltd. engages in the development of mineral resources. The company is headquartered in Ahmedabad, Gujarat and currently employs 765 full-time employees. Its segments include Mining and Power. Its power products include thermal power, solar power, green footprint and wind power. Its minerals and mines products include lignite, coal, rare earths, blue hydrogen, bauxite, fluorspar, manganese, silica sand, limestone, bentonite and ball clay. They find application across diverse industries, from manufacturing hydrofluoric acid and purifying water to manufacturing glass and ceramic ware, and drilling oil. Its mines Lignite from Tadkeshwar, Rajpardi, Bhavnagar, Panandhro, Mata No Madh and Umarsar. Its 2X125 MW thermal power project at Nani Chher in Lakhpat Taluka, Kutch. Metallic and shimmery, Fluorspar is used as a raw material for manufacturing hydrofluoric acid, refrigerant gases and flux in metallurgical industries. Its Fluorspar Mine is located at Kadipani, Ambadungar. The company is engaged in mining Bauxite at its Gadhsisa group of mines.