MMTC is currently trading at Rs. 65.50, up by 2.20 points or 3.48% from its previous closing of Rs. 63.30 on the BSE.
The scrip opened at Rs. 63.55 and has touched a high and low of Rs. 66.40 and Rs. 63.55 respectively. So far 3,91,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 73.85 on 12-Jan-2017 and a 52 week low of Rs. 40.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 66.80 and Rs. 60.20 respectively. The current market cap of the company is Rs. 6,565.00 crore.
The promoters holding in the company stood at 89.93%, while Institutions and Non-Institutions held 5.95% and 4.12% respectively.
MMTC has reportedly started a process to offload its entire 26% equity in Sical Iron Ore Terminal (SIOTL), a subsidiary of Sical Logistics. The terminal has been set up at Kamarajar Port (formerly Ennore Port).
This is the second joint venture company where MMTC is completely exiting its stake. In June, it had invited bids from those interested to sell its residual 9.5% stake in Indian Commodity Exchange (ICEX), signalling its exit from the bourse.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: