MMTC Share Price Down by 5%; BSE 500 Index Down 1.2%
Fri, 22 Jan 01:22 PM

MMTC share price has plunged 5% and is presently trading at Rs 30.

Meanwhile, the BSE 500 Index is at 19,164 (down 1.2%).

Among the top losers in the BSE 500 Index today are MMTC (down 5.1%) and SRF (down 6.4%).

JK TYRE & IND (up 13.3%) and CYIENT (up 12.8%) are among the top gainers today.

Over the last one year, MMTC has moved up from Rs 23 to Rs 30, registering a gain of Rs 7 (up 31.4%)..

The BSE 500 has moved up from 15,921 to 19,164, registering a gain of 3,243 points (up 20.4%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 423.9%), LAURUS LABS (up 358.7%) and DIXON TECHNOLOGIES (up 238.1%).

Get Details: We are Bullish on These 3 Little-known Stocks

What About the Benchmark Indices?

The BSE Sensex is at 49,677 (down 1.2%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 9.9%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and INFOSYS.

In the meantime, NSE Nifty is at 14,620 (down 1.1%). BAJAJ AUTO (up 10.6%) and HERO MOTOCORP (up 5.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,529 to 49,677, registering a gain of 8,148 points (up 18.02%).

MMTC Financial Update...

MMTC net profit down at Rs 10 million for the quarter ended December 2019, compared to a loss of Rs 280 million a year ago. Net Sales declined 20.3% to Rs 74.6 billion during the period as against Rs 93.7 billion in October-December 2018.

For the year ended March 2019, MMTC reported 170.5% increase in net profit to Rs 935.0 million compared to net profit of Rs 346.0 million during FY18.

Revenue of the company grew 79.0% to Rs 294 billion during FY19.

The current Price to earnings ratio of MMTC, based on rolling 12 month earnings, stands at 74.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jan 22, 2021 02:42 PM

DIXON TECHNOLOGIES share price is trading down by 7% and its current market price is Rs 14,753. The BSE CONSUMER DURABLES is down by 1.6%. The top losers are DIXON TECHNOLOGIES (down 6.5%) and SYMPHONY (down 6.6%).

Jan 22, 2021 02:18 PM

SYMPHONY share price is trading down by 8% and its current market price is Rs 1,056. The BSE CONSUMER DURABLES is down by 1.6%. The top losers is SYMPHONY (down 7.5%).

Jan 22, 2021 02:16 PM

JINDAL STAINLESS (HISAR) share price is trading down by 5% and its current market price is Rs 149. The BSE METAL is down by 3.7%. The top losers are JINDAL STAINLESS (HISAR) (down 5.1%) and JINDAL STEEL & POWER (down 5.5%).

Jan 22, 2021 02:14 PM

BIOCON share price is trading down by 10% and its current market price is Rs 424. The BSE HEALTHCARE is down by 1.2%. The top gainers in the BSE HEALTHCARE Index are AUROBINDO PHARMA (up 1.7%) and FORTIS HEALTHCARE (up 0.9%). The top losers is BIOCON (down 10.1%).

Jan 22, 2021 02:02 PM

The BSE BANKEX Index Down at 36,433 (down 2.8%). Among the top losers in the BSE BANKEX Index today are RBL BANK, AXIS BANK and FEDERAL BANK. Meanwhile, the BSE Sensex has plunged 1.3% to 49,677.

Jan 22, 2021 12:30 pm

Share markets in India are presently trading on a negative note. The BSE Sensex is trading up by 357 points, up 0.7% at 49,267 levels.

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