Synopsis: Gujarat Mineral Development Corporation Ltd has released a press note informing that it has taken a major step towards starting operations at its Baitrani West Coal Mine in Odisha.

The shares of this mining company is majorly engaged in power generation and lignite mining whose minerals are used across various industries such as textiles, chemicals, ceramics, bricks and captive power, jumped upto 7 percent in a day’s trading session upon securing clearances towards operationalising coal mine.

With the market capitalization of Rs. 16,655 Crores, the shares of GMDC has reached an intra day high of Rs. 529.90 per equity share rising nearly 7.2 percent from the previous day close of Rs. 494.10 per share.

What is the NEWS:

GMDC has issued a press note announcing that it has r

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