🚀 GMDC Gains as India Joins ‘Pax Silica’ Strategic Alliance

Shares of Gujarat Mineral Development Corporation (

) rose over 4% intraday on 20 Feb 2026 after India joined the US-led ‘Pax Silica’ initiative. Launched in December last year, Pax Silica focuses on building a secure, resilient, and innovation-driven supply chain for critical minerals and artificial intelligence. The development has drawn market attention to companies linked to the strategic minerals ecosystem. GMDC’s uptick reflects investor interest in the potential long-term relevance of domestic mineral players amid evolving global supply chain priorities. The move comes as geopolitical and technology-linked resource strategies continue to influence sector-specific market sentiment. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.