MMTC Share Price Up by 11%; BSE 500 Index Down 0.3%
Tue, 11 May 02:37 PM

MMTC share price has zoomed 11% and is presently trading at Rs 54.

Meanwhile, the BSE 500 Index is at 20,184 (down 0.3%).

Among the top Gainers in the BSE 500 Index today are MMTC (up 10.8%) and GRINDWELL NORTON (up 10.4%).

SONATA SOFTWARE and MAHINDRA LOGISTICS are among the top losers today.

Over the last one year, MMTC has moved up from Rs 14 to Rs 54, registering a gain of Rs 40 (up 288.6%).

On the other hand, the BSE 500 has moved up from 11,938 to 20,184, registering a gain of 8,246 points (up 68.4%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI TOTAL GAS (up 1176.1%), INTELLECT DESIGN (up 1074.3%) and ADANI ENTERPRISES (up 863.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,304 (down 0.9%).

The top gainers among the BSE Sensex stocks today are NTPC (up 3.5%), TATA STEEL (up 2.0%) and ULTRATECH CEMENT (up 1.6%). Other gainers include POWER GRID (up 1.5%) and SUN PHARMA (up 1.4%). The most traded stocks in the BSE Sensex are NTPC and SBI.

In the meantime, NSE Nifty is at 14,900 (down 0.7%). The top gainers in the NSE Nifty include COAL INDIA (up 6.1%), IOC (up 4.9%) and NTPC (up 3.8%). Other gainers include BPCL (up 1.9%) and POWER GRID (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,443 to 49,304, registering a gain of 17,861 points (up 56.06%).

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 143.9x.



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

  

Stock Market Updates

May 11, 2021 Closing

Indian share markets witnessed selling pressure throughout the day today and ended lower.

May 11, 2021 12:30 pm

BSE Sensex is trading up down 240 points, while the NSE Nifty is trading down by 52 points.

May 11, 2021 09:51 AM

AUROBINDO PHARMA share price has hit an all time high at Rs 1,064 (up 1.4%). The BSE HEALTHCARE Index is up by 0.7%. Among the top gainers in the BSE HEALTHCARE Index today are AUROBINDO PHARMA (up 1.4%) and PFIZER (up 1.4%). The top losers include PIRAMAL ENTERPRISES and CAPLIN POINT (down 0.2%).

May 11, 2021 09:30 am

Indian share markets open lower. The BSE Sensex opened down by 412 points, while the Nifty is trading lower by 124 points.

May 11, 2021 09:49 AM

MARICO share price has hit an all time high at Rs 487 (up 2.8%). The BSE FMCG Index is up by 0.1%. Among the top gainers in the BSE FMCG Index today are MARICO (up 2.8%) and P&G HYGIENE (up 0.7%). The top losers include DABUR (down 0.1%) and KRBL (down 0.1%).

May 11, 2021 09:49 AM

GRINDWELL NORTON share price has hit an all time high at Rs 1,159 (up 3.4%). The BSE CAPITAL GOODS Index is down by 0.3%. Among the top gainers in the BSE CAPITAL GOODS Index today are GRINDWELL NORTON (up 3.4%) and HONEYWELL AUTOMATION (up 0.2%). The top losers include SOLAR INDUSTRIES (down 0.2%) and HAVELLS INDIA (down 0.6%).

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