GMDC, Orissa Minerals rise after India budget proposes rare‑earth corridors

Gujarat Mineral Development

01/02/2026 05:59

** Shares of Gujarat Mineral Development Corporation GMDC.NS and Orissa Minerals Development Company ORIS.NS rise 3.3% and 2%, respectively

** Indian Finance Minister Nirmala Sitharaman announced proposal to support Odisha, Kerala, Andhra Pradesh and Tamil Nadu States to develop rare-earth corridors

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))