MMTC Ltd share Price Today

Metals and Minerals Trading Corporation of India (MMTC) is one of the country’s biggest international trading firms and one of the highest foreign exchange earners for India. The company, founded in 1963, has its headquarters in New Delhi. It is involved in the international trade of agricultural products, coal and hydrocarbons, fertilisers and chemicals, metals and industrial raw materials, minerals, PMD retail products, and precious metals. The company has trading partnerships across North America, Europe, Asia, and Australia and a wholly-owned subsidiary—MTPL Singapore.

On 15 December 2022, the market capitalisation of MMTC Limited was Rs 6,217.5 crore, and it reported consolidated sales of Rs 247.7 crore at the end of June this year.

The company is listed on the Bombay Stock Exchange with the code 513377 and the National Stock Exchange with the code MMTC. On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 89.93%, a 0.02% stake of foreign institutional investors, and a public stake of 7.49%. The government of India is the leading promoter of the company. The company’s shareholding pattern has remained largely consistent over the past year. 

The company’s board of directors comprises Sanjay Chadha, K K Gupta, Shashank Priya, Shyamal Misra, G Manjunath, Pradeep Kumar Varma,  Swadhinta Krishna, and  J Ravi Shankar. The auditors are M. L. Puri and Company and O P Tulsyan and Company. On 30 June 2022, the company had a total of 150 crore shares outstanding.

On 15 December 2022, MMTC Ltd.’s shares prices were Rs 41.45 and Rs 41.5 on NSE and BSE, respectively. The share price touched a 52-week high of Rs 64.7 and a 52-week low of Rs 31. Its three-month return to investors was 8.92%, while its one-year return was -7.98%.

As of November 2022, Nippon India Nifty Small Cap Index Fund Direct had invested Rs 0.27 crore in the company, while Motilal Oswal Nifty Small Cap Index Fund Direct and SBI Nifty Small Cap Index Fund Direct had invested Rs 0.24 and Rs 0.10 crore, respectively. 

The company’s peers include Best Agrophile, MSTC Limited, and Uniphos Enter.

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MMTC share price as on 19 Apr 2024 is Rs. 71.65. Over the past 6 months, the MMTC share price has decreased by 8.61% and in the last one year, it has increased by 137.25%. The 52-week low for MMTC share price was Rs. 26.3 and 52-week high was Rs. 101.9.