GMDC Stock Soars to Day High with 7.64% Intraday Surge

Oct 09 2025 02:46 PM IST
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Gujarat Mineral Development Corporation (GMDC) has experienced notable stock performance, reaching an intraday high and showing consistent growth over various time frames. The company is trading near its 52-week high and has outperformed its sector, reflecting strong momentum in the minerals and mining industry amid a positive broader market.
Gujarat Mineral Development Corporation (GMDC) has shown significant activity today, gaining 7.64% as it reached an intraday high of Rs 624.4, marking a 6.43% increase. This performance is notable as the stock has outperformed its sector by 4.63%, reflecting strong momentum in the minerals and mining industry.

Currently, GMDC is trading close to its 52-week high, just 3.73% away from Rs 642.5. The stock has demonstrated consistent growth, with a two-day gain of 6.12%. Additionally, GMDC is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

In the broader market context, the Sensex opened higher and is currently trading at 82,067.53, up 0.36%. The mid-cap segment is leading the market, with the BSE Mid Cap index gaining 0.61%. GMDC's impressive performance over various time frames, including a 91.74% increase over the past year and a remarkable 1305.79% rise over the last five years, underscores its strong position in the market.
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