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

November 28, 2025

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 GMDC’s role in India’s strategic minerals push.

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