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MMTC rises on achieving sales turnover of Rs 15,000 crore in gold jewellery in FY 2013

MMTC Ltd. | Trading | Miscellaneous | BSE: 513377 | NSE: MMTC

08 Apr 2013 Evaluate

MMTC is currently trading at Rs 235.75, up by 2.45 points or 1.05% from its previous closing of Rs 233.30 on the BSE.

The scrip opened at Rs 233.00 and has touched a high and low of Rs 239.80 and Rs 232.50 respectively. So far 18241 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 193.35 on 01-Apr-2013.

Last one week high and low of the scrip stood at Rs 243.50 and Rs 193.35 respectively. The current market cap of the company is Rs 23330.00 crore.

The promoters holding in the company stood at 99.33% while Institutions and Non-Institutions held 0.50% and 0.17% respectively.

Minerals and Metals Trading Corporation’s (MMTC) has achieved a sales turnover of Rs 15,000 crore in gold jewellery in FY 2013. The state-owned trading firm is now eyeing the turnover of Rs 35,000 crore in financial year 2013-14.

The company is also holding ‘Festival of Gold’ at Visakhapatnam from April 10-14, 2013 in collaboration with Muthoot Finance. The festival will be a one-stop shop for people to make purchases on the occasion of Ugadi festival wherein over one lakh designs of the finest jewellery from several states will be showcased.

The company which holds the gold exhibition in Delhi twice a year, has popularized the event by taking it to various cities including Mumbai, Goa, Kolkata, Bangalore, besides MMTC's 22 showrooms. MMTC was planning to increase the number of its outlets to 100 by 2013-14.

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.

MMTC Share Price

68.32 6.42 (10.37%)

17-Apr-2026 16:59 View Price Chart

Peers

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MMTC rises on achieving sales turnover of Rs 15,000 crore in gold jewellery in FY 2013

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