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MMTC firms up on reporting six fold jump in its Q4’s net profit

16 May 2012 Evaluate

MMTC is currently trading at Rs 789.75, up by 29.95 points or 3.94% from its previous closing of Rs 759.80 on the BSE.

The scrip opened at Rs 768.00 and has touched a high and low of Rs 805.55 and Rs 762.00 respectively. So far 104128 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 1009.00 on 10-Jan-2012 and a 52 week low of Rs 438.55 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 816.55 and Rs 710.10 respectively. The current market cap of the company is Rs 75980.00 crore.

The promoters holding in the company stood at 99.33% while Institutions and Non-Institutions held 0.52% and 0.15% respectively.

State-run trading giant MMTC has posted a nearly six-fold jump in net profit at Rs 89.47 crore for the fourth quarter ended March 2012, primarily benefiting from increased imports of fertilisers and coal. The company had registered a net profit of Rs 15.4 crore during the same period of last year.

The public sector entity’s total income in the March quarter declined by 48.40% to Rs 10,940 crore compared to Rs 21,200 crore in the year-ago period.

MMTC’s net profit tumbled 79.04% to Rs 23.48 crore for the full year ended March 2012. The same stood at Rs 112 crore in the previous fiscal.

The compny’s total income for the full-year ended March, 2012, stood at over Rs 66,000 crore as against more than Rs 68,000 crore recorded in the same period a year ago.

MMTC Share Price

67.70 0.93 (1.39%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 222.80
Adani Enterprises 2505.65
Amrapali Industries 18.21
Rashi Peripheral 530.50
PDS 300.95
View more..

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