GMDC shares snap 3-day rally, fall 2% as traders opt to book profits

GMDC shares fell after a three-day surge as traders booked profits, following strong gains driven by a government incentive to boost rare earth magnet production. The stock faced short-term technical resistance, though long-term trends remain positive. Profit taking set in after optimism around GMDCs role in Indias strategic minerals push.

Nov 28, 2025 - 09:00
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GMDC shares snap 3-day rally, fall 2% as traders opt to book profits
GMDC shares fell after a three-day surge as traders booked profits, following strong gains driven by a government incentive to boost rare earth magnet production. The stock faced short-term technical resistance, though long-term trends remain positive. Profit taking set in after optimism around GMDCs role in Indias strategic minerals push.

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