NSE:GMDC 28 November 2025 - 26 December 2025

GMDC stock surged nearly 11% on December 26, 2025, closing at ₹606.40 after opening at ₹548.50 and hitting an intraday high of ₹611.50. The move followed strong trading interest and recent progress on the Baitarni-West coal project in Odisha, including new operating contracts and regulatory clearances. Market cap reached about ₹19,080 crore. No fresh corporate announcements were reported during the session.

Gujarat Mineral Development Corporation secured Stage-I forest and environmental clearances for its 15 MTPA Baitarni-West coal mine in Odisha and named a mining partner. Shares surged over 7% to ₹529.90 intraday on Dec 12, closing near ₹519.90. Analyst targets remain far apart, with limited coverage. Markets were closed Dec 13.