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This development follows industry concerns about supply disruptions, as several companies flagged informal restrictions by China on rare earth exports. In response, the government is reportedly considering a Rs 1,345 crore incentive scheme to support domestic rare-earth magnet manufacturing and may relax motor import norms to mitigate production risks in the automotive sector.
GMDC's board will consider Q1 results on 25 July 2025. On a consolidated basis, GMDC's net profit rose 20.82% to Rs 226.22 crore while net sales rose 4.80% to Rs 786.28 crore in Q4 March 2025 over Q4 March 2024.
GMDC is India's second-largest Lignite-producing company and top merchant seller of Lignite. It is a State Public Undertaking of the Government of Gujarat. The company is engaged in mining lignite from deposit-rich areas across the state, company markets it to various high-growth industries, including textiles, chemicals, ceramics, bricks and captive power.
Gujarat Mineral Development Corporation Ltd, Sapphire Foods India Ltd, Clean Science & Technology Ltd, Tata Communications Ltd are among the other stocks to see a surge in volumes on NSE today, 18 July 2025.
Saregama India Ltd registered volume of 58.7 lakh shares by 14:14 IST on NSE, a 32.66 fold spurt over two-week average daily volume of 1.80 lakh shares. The stock rose 5.38% to Rs.513.30. Volumes stood at 1.32 lakh shares in the last session.
Gujarat Mineral Development Corporation Ltd witnessed volume of 240.33 lakh shares by 14:14 IST on NSE, a 27.77 times surge over two-week average daily volume of 8.65 lakh shares. The stock increased 13.15% to Rs.429.30. Volumes stood at 6.64 lakh shares in the last session.
Sapphire Foods India Ltd witnessed volume of 42.07 lakh shares by 14:14 IST on NSE, a 11.51 times surge over two-week average daily volume of 3.66 lakh shares. The stock increased 0.51% to Rs.344.25. Volumes stood at 4.79 lakh shares in the last session.
Clean Science & Technology Ltd recorded volume of 6.92 lakh shares by 14:14 IST on NSE, a 10.25 times surge over two-week average daily volume of 67509 shares. The stock lost 7.87% to Rs.1,331.50. Volumes stood at 93822 shares in the last session.
Tata Communications Ltd saw volume of 31.12 lakh shares by 14:14 IST on NSE, a 9.48 fold spurt over two-week average daily volume of 3.28 lakh shares. The stock increased 1.54% to Rs.1,758.20. Volumes stood at 2.09 lakh shares in the last session.
For the full year,net profit rose 14.80% to Rs 685.79 crore in the year ended March 2025 as against Rs 597.36 crore during the previous year ended March 2024. Sales rose 15.75% to Rs 2850.84 crore in the year ended March 2025 as against Rs 2462.88 crore during the previous year ended March 2024.