SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MMTC shines on emerging as sole bidder to supply imported fuel to CIL

13 Mar 2014 Evaluate

MMTC is currently trading at Rs. 47.95, up by 0.20 points or 0.42% from its previous closing of Rs. 47.75 on the BSE.

The scrip opened at Rs. 48.00 and has touched a high and low of Rs. 48.20 and Rs. 47.80 respectively. So far 14047 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 331.70 on 13-Mar-2013 and a 52 week low of Rs. 37.15 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 49.60 and Rs. 46.80 respectively. The current market cap of the company is Rs. 4800.00 crore.

The promoters holding in the company stood at 90.00% while Institutions and Non-Institutions held 7.27% and 2.73% respectively.

MMTC has emerged as the sole bidder for supply of imported fuel to Coal India (CIL). The tender was closed last week.  Earlier in 2012, the fuel supply agreements were between the CIL and consumers, CIL proposed to meet 15 percent of the fuel needs through imports on a cost-plus basis. The company was the sole bidder for the contract when the tender was floated for the first time last year.

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

66.40 -1.92 (-2.81%)
20-Apr-2026 14:29 View Price Chart
Peers
Company Name CMP
Redington 228.25
Adani Enterprises 2250.00
Amrapali Industries 17.99
Rashi Peripheral 476.15
PDS 293.55
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×