{"id":201213,"date":"2026-08-13T11:47:39","date_gmt":"2026-08-13T06:17:39","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201213"},"modified":"2026-08-13T11:47:41","modified_gmt":"2026-08-13T06:17:41","slug":"nmdc-vs-gujarat-mineral-development-corporation","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nmdc-vs-gujarat-mineral-development-corporation\/","title":{"rendered":"NMDC vs Gujarat Mineral Development Corporation: Share Price, PE and ROE Compared"},"content":{"rendered":"
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NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. Data approximate.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

NMDC and Gujarat Mineral Development Corporation (GMDC) are both listed public sector mining companies. NMDC at approximately Rs 55,000-68,000 Cr is India’s largest iron ore producer and a significant wealth distributor via dividends. GMDC at approximately Rs 7,000-10,000 Cr mines lignite and mineral salts in Gujarat. Both are dividend-paying PSUs with cyclical earnings linked to commodity prices.<\/p>\n<\/div>\n

The NMDC vs Gujarat Mineral Development Corporation question comes up often among investors who follow the Mining and minerals space in India. NMDC MCap approx Rs 55,000-68,000 Cr. GMDC MCap approx Rs 7,000-10,000 Cr. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating NMDC vs Gujarat Mineral Development Corporation as a research exercise.<\/p>\n

All data cited here is sourced from publicly available company filings. Note: Data is approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n

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