MMTC hits new 52-week high
DSIJ Intelligence / 07 Dec 2016
Metals and Minerals Trading Corporation of India, one of the largest public trading body and one of the highest earner of foreign exchange has hit a new 52 week high.
Metals and Minerals Trading Corporation of India, one of the largest public trading body and one of the highest earner of foreign exchange has hit a new 52 week high. The shares of the company which previously closed at Rs 49.75 on December 7; opened at Rs 50.20 and as at 10.42 am are trading at Rs 55.80, up by 12.16 per cent.
Recently the company has tied-up with the State Bank of India (SBI) to sell the government-minted Indian Gold Coin. The state-run bullion trader, which has already tied up with over half a dozen banks, has so far sold one lakh pieces of the Indian Gold Coin and has set a target of selling 5 lakhs units in the next few years. The coin is available in denominations of 5gm, 10gm and 20 gm bar.
The shares of the firm in the last three months have rallied over 20 per cent. Fifty-two-week high/low of the scrip stands at Rs 56.75/29.95.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.