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MMP Industries gains on registering highest ever quantum sales of 1073 MT of aluminium powders in February

12 Mar 2020 Evaluate

MMP Industries is currently trading at Rs. 84.00, up by 0.90 points or 1.08% from its previous closing of Rs. 83.10 on the NSE.

The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 95.00 and Rs. 75.10 respectively. So far 5,257 shares were traded on the counter.

The scrip has touched a 52 week high of Rs.133.25 on 28-Jan-2020 and a 52 week low of Rs. 72.10 on 11-Mar-2020.

The promoters holding in the company stood at 73.46%, while Public held 26.53% stake in the company.

MMP Industries has achieved the highest ever Quantum Sales of 1073 MT of aluminium powders (across all segments) in the month of February, 2020. This record is a milestone moment of company and has achieved in-spite of less working days and an all round economic slowdown. This shows the strong demand for the company's product and company expects to achieve higher sales in the coming months.

MMP Industries has established itself as manufacturer, exporter of metal products. The company also in the business activities of Aluminium Conductor, Aluminium Powder & Paste.


Peers
Company Name CMP
National Aluminium 438.70
Maan Aluminium 144.15
Arfin India 94.47
Manaksia Aluminium 31.35
PG Foils 216.40
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