GMDC Shares Extend Green Streak After Strategic NTPC Pact
As of Friday, 27 Feb 2026, Gujarat Mineral Development Corporation (
GMDCLTD
) stock is trading in the green, marking its third straight session of gains. The stock has climbed nearly 4% during the last three trading days, supported by positive sentiment. The recent uptick follows GMDC’s Memorandum of Understanding with NTPC Limited to explore coal and lignite gasification opportunities. The partnership aims to assess feasibility using GMDC’s Odisha coal blocks and Gujarat lignite assets, a development that may be driving today’s positive price momentum. Investors will watch further updates on project progress, regulatory approvals, and execution timelines, as these factors could influence near-term sentiment and determine whether the current upward trend sustains in the coming trading sessions.
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