GMDC (Gujarat Mineral Development Corporation), one of India’s leading state-owned mining companies, continues to strengthen its position through steady production growth, rising mineral demand, and robust financial performance. With increasing focus on lignite, bauxite, and other key mineral projects, the company is expected to benefit from the expanding industrial and energy sectors.
As GMDC enhances operational efficiency and explores new mining opportunities, investors are closely watching its long-term growth potential. These factors make the GMDC share price targets for 2026, 2027, 2028, 2029, and 2030 an important point of interest for long-term shareholders.
GMDC Share Price Target 2026
Gujarat Mineral Development Corporation (GMDC), a leading state-owned mining company, continues to strengthen its position through rising demand for lignite, bauxite, and other key minerals.
With improving production levels, strategic expansion, and strong government support, the company is expected to deliver steady financial growth in the coming years.
Analysts believe the stock may show positive momentum as the mining sector benefits from infrastructure development and industrial demand. Based on current trends, the GMDC share price target for 2026 is expected to be around ₹570 to ₹590, reflecting healthy long-term potential for investors.
| Year | GMDC Share Price Target 2026 |
| First Target 2026 | Rs 570 |
| Second Target 2026 | Rs 590 |
GMDC Share Price Target 2027
GMDC Share Price Target 2027: Gujarat Mineral Development Corporation (GMDC) is expected to witness steady growth by 2027, supported by strong demand for lignite, bauxite, and other key minerals.
With the company focusing on expanding production capacity and improving operational efficiency, investor confidence continues to rise.
The government’s push for domestic mineral development further boosts GMDC’s long-term outlook. Considering these positive factors, the GMDC share price target for 2027 is expected to range between ₹620 and ₹660, reflecting consistent performance and stable market demand.
GMDC Share Price Target 2027 Table
| Year | GMDC Share Price Target 2027 |
| First Target 2027 | Rs 620 |
| Second Target 2027 | Rs 660 |
GMDC Share Price Target 2028
Gujarat Mineral Development Corporation (GMDC) continues to strengthen its position in the mining and minerals sector through capacity expansion, resource diversification, and consistent operational performance.
With rising demand for lignite and other key minerals, the company is expected to benefit from improved volumes and stable pricing trends. Its focus on sustainability, efficient mining practices, and new project developments further supports long-term growth.
By 2028, analysts expect the GMDC share price to reflect steady financial performance and sectoral demand, with the GMDC share price target for 2028 projected between ₹700 and ₹740, depending on market conditions. Overall, GMDC remains a promising pick for investors looking for stable returns in the mining sector.
GMDC Share Price Target 2028 Table
| Year | GMDC Share Price Target 2028 |
| First Target 2028 | Rs 700 |
| Second Target 2028 | Rs 740 |
GMDC Share Price Target 2029
Gujarat Mineral Development Corporation (GMDC) is expected to see steady growth in the coming years driven by rising demand for minerals, strong operational performance, and strategic expansion projects.
With the company focusing on enhancing production capacity and improving efficiency across its mining operations, investor confidence continues to improve.
Analysts believe that GMDC could benefit significantly from India’s ongoing infrastructure and industrial development boom. Considering these factors, the GMDC share price target for 2029 is projected to be between ₹780 and ₹820, reflecting positive long-term growth prospects.
GMDC Share Price Target 2029 Table
| Year | GMDC Share Price Target 2029 |
| First Target 2029 | Rs 780 |
| Second Target 2029 | Rs 820 |
GMDC Share Price Target 2030
Gujarat Mineral Development Corporation (GMDC), one of India’s leading state-owned mining companies, is expected to witness strong growth by 2030 driven by rising demand for minerals, expansion plans, and improved operational efficiency.
With the government focusing on boosting domestic mining and infrastructure development, GMDC is well-positioned to benefit from industry tailwinds. The company’s consistent revenue growth, strong balance sheet, and strategic projects add further confidence for long-term investors.
Based on current trends, the GMDC share price target for 2030 is expected to range between ₹860 and ₹920, indicating solid future potential. Investors looking for a stable and growth-oriented PSU stock may find GMDC an attractive long-term opportunity.
GMDC Share Price Target 2030 Table
| Year | GMDC Share Price Target 2030 |
| First Target 2030 | Rs 860 |
| Second Target 2030 | Rs 920 |
GMDC Share F.A.Q.
– What does GMDC do?
GMDC (Gujarat Mineral Development Corporation) is a mining company engaged in lignite, bauxite, and other mineral production in Gujarat.
– Is GMDC a good stock for long-term investment?
Many investors consider GMDC a stable PSU stock due to its consistent mining operations and strong state backing.
– Does GMDC give dividends?
Yes, GMDC regularly provides dividends, depending on its annual profits and board decisions.
– Is GMDC debt-free?
GMDC is generally known for maintaining a strong financial position with low debt levels compared to other mining companies.
Conclusion
In conclusion, GMDC’s strong asset base, government support, and rising demand for minerals position it well for steady growth over the coming years. With strategic expansion and improved profitability, the company is expected to deliver consistent returns, making it an attractive long-term investment choice. While market volatility and commodity price fluctuations may influence short-term movements, GMDC’s long-term outlook remains positive. Investors evaluating GMDC share price targets for 2026 through 2030 can expect gradual and sustainable growth backed by solid fundamentals.
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