11 months ago
Gujarat PSU Scrips Show Mixed Results in First Half of FY2026
Some companies did well, and some didn't in the stock market.
Four Gujarat government-owned companies had good growth.
Gujarat Mineral Development Corporation (GMDC) saw a big increase, and Gujarat State Fertilizers & Chemicals Ltd.
(GSFC) also grew well.
Two others, Gujarat Gas Ltd and Gujarat State Petronet Ltd also grew.
Other companies like Gujarat Narmada Valley Fertilizers and Chemicals (GNFC) and Gujarat Alkalies and Chemicals Ltd (GACL) didn't do as well.
The Gujarat government said that GMDC's success was due to global demand and GSFC's growth reflected strong fundamentals.
Gujarat PSUs showed mixed performance in the first half of FY2026.
GMDC saw a 125.17% increase in its stock price.
GSFC shares rose by 10.91% during the period.
GACL shares decreased by 5.39%.
The Gujarat government credited GMDC's growth to mineral demand and expansion.
- Who
- Gujarat Public Sector Undertakings (PSUs)
- What
- Performance review of Gujarat PSUs on stock exchanges.
- Where
- Gujarat, India
- When
- First half of the financial year 2025-26 (March 28 to September 30).
- Why
- To assess the financial performance of Gujarat's PSUs in the stock market.
Key facts
- Period of Analysis
- H1 FY2026 (March 28 - September 30)
- GMDC Stock Growth
- 125.17%
- GMDC Stock Price (March 28)
- ₹265.35
- GMDC Stock Price (September 30)
- ₹597.50
- GSFC Stock Growth
- 10.91%
- GACL Stock Change
- -5.39%
- GNFC Stock Change
- 0%
