MMTC has inked pact with HDFC Bank, ICICI Bank and Andhra Bank to retail gold coins with a new buyback option. Besides its own outlets across the country, MMTC has tied up with Indian Overseas Bank, Vijaya Bank, Federal Bank and YES Bank to sell gold coins in denominations of 5 gm and 10 gm coin and 20 gm bar. With the new partnerships, the network selling the sovereign gold coin will touch 300 outlets during Dhanteras - an auspicious occasion to buy gold.
The public sector major has also announced a transparent buyback of gold coins made of recycled gold. It will repurchase the gold coins if they are given back intact in the same tamper-proof packaging with the original invoice at MMTC outlets.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India. With its comprehensive infrastructural expertise to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of regional and port offices in India, as well as international subsidiary.
| Company Name | CMP |
|---|---|
| Redington | 227.50 |
| Adani Enterprises | 2228.00 |
| Amrapali Industries | 17.36 |
| Rashi Peripheral | 474.40 |
| PDS | 294.40 |
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