MMTC is currently trading at Rs. 309.00, up by 12.55 points or 4.23% from its previous closing of Rs. 296.45 on the BSE.
The scrip opened at Rs. 294.00 and has touched a high and low of Rs. 318.85 and Rs. 280.25 respectively. So far 991561 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 890.00 on 05-Jul-2012 and a 52 week low of Rs. 293.60 on 11-Mar-2013.
Last one week high and low of the scrip stood at Rs. 318.85 and Rs. 293.60 respectively. The current market cap of the company is Rs. 28480.00 crore.
The promoters holding in the company stood at 99.33% while Institutions and Non-Institutions held 0.50% and 0.17% respectively.
The Empowered Group of Ministers (EGoM), headed by Finance Minister P Chidambaram has deferred the offer-for-sale to offload 9.33% stake in trading giant MMTC. The EGoM was about to take decision on the floor price for the proposed stake sale today.
The government is planning to garner about Rs 300 crore from offloading MMTC’s stake. Earlier, offer-for-sale was expected to hit the markets on March 14.
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 | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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