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      The Bull’s Club
      Kavish 9 months ago

      ✅FIIs And DIIs increasing stake

      ✅GMDCLTD is a government-owned company focused on mining minerals like lignite, bauxite, fluorspar, and manganese, mainly in Gujarat, India.

      ✅Business :
      -GMDC Ltd. mines lignite, bauxite, and other minerals and runs power projects in India.

      -It expects fourfold growth by 2030, driven by rising demand in mining and energy sectors.

      ✅Fundamental :
      – Revenue increased both quarter-on-quarter and year-on-year.
      – Net profit increased both quarter-on-quarter and year-on-year.
      – FIIs and DIIs increasing their stake

      ✅Technical:
      – Round bottom pattern breakout
      – Looking good above 388 with support 357 on closing basis

      GMDCLTD_Thu_Jun_05_2025_20-25-15.jpg 72 KB Image File - Click to view
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