The rise in the company's share price followed its announcement that it had achieved its best-ever production performance in FY 2025-26 (Apr-Dec)
GMDC, MOIL rally on strong volume amid reports that the government approved a ₹7,280-crore incentive programme to boost domestic production of rare earth magnets.
MOIL shares gained 8.4 per cent and registered an intra-day high at ₹374.1 per share on BSE, after the company said it has achieved highest-ever August production of 1.45 lakh tonnes