MMTC is currently trading at Rs. 45.55, up by 0.15 points or 0.33% from its previous closing of Rs. 45.40 on the BSE.
The scrip opened at Rs. 45.45 and has touched a high and low of Rs. 45.95 and Rs. 45.40 respectively. So far 21096 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 63.25 on 01-Dec-2014 and a 52 week low of Rs. 38.00 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 46.70 and Rs. 44.50 respectively. The current market cap of the company is Rs. 4560.00 crore.
The promoters holding in the company stood at 89.93% while Institutions and Non-Institutions held 6.06% and 4.01% respectively.
MMTC is planning to invest about Rs 6,000 crore to double the capacity of Neelachal Ispat Nigam (NINL) in the next four years. Neelachal Ispat's board has already given in-principal approval for the expansion to 2.2 million tonnes hot-metal capacity. All the three major promoters have agreed in-principle for the expansion plan. The company holds 50% stake in Neelachal Ispat while, NMDC and Odisha Mineral Corp, have 12% and 28%, respectively.
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 | 194.70 |
| Adani Enterprises | 2229.65 |
| Amrapali Industries | 18.23 |
| Rashi Peripheral | 371.05 |
| Compuage Infocom | 2.58 |
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