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GMDC Secures Leadership-Category Provisional ESG Rating from CareEdge

Story Highlights
  • GMDC received a high provisional ESG score of 77.7 from CareEdge, placing it in the Leadership category.
  • The rating highlights GMDC’s strengthened governance, transparency and sustainability focus to drive responsible, long-term growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMDC Secures Leadership-Category Provisional ESG Rating from CareEdge

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Gujarat Mineral Development Corporation Limited ( (IN:GMDCLTD) ) has provided an update.

Gujarat Mineral Development Corporation Limited has received a provisional ESG rating score of 77.7 (CareEdge-ESG 1) from CareEdge ESG Ratings, placing the company in the “Leadership” category for environmental, social and governance risk management. The rating, based on on-site asset inspections, management discussions, and public disclosures, underscores GMDC’s efforts to strengthen governance systems, policy frameworks, transparency and sustainability practices, and supports its strategic push toward responsible growth, inclusive development and long-term value creation for stakeholders.

More about Gujarat Mineral Development Corporation Limited

Gujarat Mineral Development Corporation Limited (GMDC) is a state-owned mining company and a public sector undertaking of the Government of Gujarat. As one of India’s leading mining players, it operates five lignite mines across Kutch, South Gujarat and the Bhavnagar region and is regarded as the country’s largest merchant seller of lignite, supplying fuel to industrial and power sector customers.

Average Trading Volume: 363,652

Technical Sentiment Signal: Buy

Current Market Cap: 194.8B INR

For an in-depth examination of GMDCLTD stock, go to TipRanks’ Overview page.

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