Volume Buzzer Stock Below Rs 100: President of India Gains Rs 12,679,689,543 in a Single Day as PSU Stock Jumps 15%

Volume Buzzer Stock Below Rs 100: President of India Gains Rs 12,679,689,543 in a Single Day as PSU Stock Jumps 15%

MMTC share price rises 15.18 per cent with volumes at 450 lakh shares; gains track strength in gold Rs 1.52 lakh and silver Rs 2.49 lakh prices on MCX

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On Friday, Indian markets traded on a positive note, with the Nifty 50 rising 0.31 per cent to 24,272.95, up 76.20 points from the previous close of 24,196.75. Amid this, MMTC share price was trading at Rs 71.31, up 15.18 per cent from the previous close of Rs 61.91.

The stock has moved up from its recent 52-week low of Rs 50.10, registering a rise of around 42 per cent.

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MMTC Share Price Performance and Volume

The stock recorded a strong price movement during the session. Trading activity increased, with volumes at 450.3 lakh shares compared to its 20-day average of 125 lakh shares.

In terms of returns, the stock has gained 33.18 per cent over the past month, while it has risen 3.92 per cent over the past six months and 31.62 per cent over the past one year. The stock has traded in a 52-week range of Rs 50.10 to Rs 88.19. The company has a market capitalisation of Rs 10,437 crore.

MMTC Shareholding Pattern (QoQ)

On a QoQ basis, promoter holding remained stable at 89.93 per cent. Foreign institutional investors (FIIs) holding increases stake at 0.13 per cent in March 2026, compared to 0.02 per cent in December 2025. Domestic institutional investors (DIIs) holding stood at 1.77 per cent, marginally lower compared to 1.77 per cent in the previous quarter. Public shareholding was reported at 8.18 per cent in March 2026.

MMTC Link with MCX Gold and Silver Prices

MMTC Ltd is engaged in the trading of precious metals such as gold and silver, and movements in these commodity prices can influence the company’s stock performance. On the Multi Commodity Exchange (MCX), gold futures were trading around Rs 1,52,600 per 10 grams, while silver futures were near Rs 2,49,400 per kg in recent sessions.

Precious metals have remained near higher levels in recent weeks, supported by global factors such as inflation trends, currency movements, and demand for safe-haven assets. This movement in gold and silver prices is relevant for MMTC

About MMTC

MMTC Ltd is a government-owned enterprise engaged in the trading of minerals, metals, and precious commodities including gold and silver. The company operates across international and domestic markets and plays a role in India’s bullion trade.

The company’s performance is closely linked to commodity price movements, particularly in precious metals, as fluctuations in gold and silver prices impact trading activity and overall business dynamics.

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Disclaimer: This article is for informational purposes only and not investment advice.