Gujarat Mineral Development Corporation Limited engages in mining and mineral processing business in India. The company operates through two segments, Mining and Power. It explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company’s products used in the textiles, chemicals, ceramics, bricks and captive power. Its products are also used in the electricity and synthetic natural gas generation, agriculture, mining and refining, transportation, hydrofluoric acid, refrigerant gas, flux in metallurgical, tableware, quick and hydrated lime, limestone tile and slab, wall cladding, vanity top, and synthetic foundry moulding catalyst sectors. The company also generates power using thermal, wind, and solar resources. Gujarat Mineral Development Corporation Limited was incorporated in 1963 and is based in Ahmedabad, India.
It’s been a while since we checked in on commodity markets, which, like other markets, are having quite the interesting year. In particular, gold continues its march upward, while oil remains in a slump. As for the rest, most have been up and down and ended up close to where they were a year ago. By the end, you’ll see why gold stocks still look cheap despite these record prices — and why oil stocks, oddly enough, look expensive even as crude declines.
The Utilities sector gained 3.5% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 7.0%. Earnings are forecast to grow by 16% annually. Market details ›