MMTC is an International Trading Company (ITC) established in India in 1963. It is one of the largest trading companies in India. Its main objective is to facilitate the exchange of the mining & metal products for India's commodities. It plays a vital role in the Import & Export of minerals & metals. The company has a vast experience in trading, as well as its expertise in international trade rules and logistics.
MMTC Share price Target has touched the highest price of Rs. 101,90 in the past 52 weeks. Recently, the company announced its ambitious mining plans in terms of rare minerals such as Lithium, Cobalt, Silicon, etc.
MMTC Ltd. has announced on the BSE that the Board of Directors will meet on 08/2/2024 to discuss and approve the Unaudited Financial Results for the quarter ending Dec. 2023, as well as other matters. The company's sales decreased by 99.90% in the quarter ended Dec. 2023 to Rs.73 crore, as compared to Rs.764.16 crore in the same quarter of the previous year. MMTC Share price went up by 1.51% on 14 September 2023, closing at Rs. 58.41. Investors should keep an eye on the company's stock price to see how it responds to the news.
MMTC share price Target 2024
Month. Target
January 2024. ₹94.56
February 2024 ₹96.94
March 2024. ₹94.54
April 2024 ₹93.34
May 2024 ₹118.9
June 2024 ₹118.89
July 2024 ₹118.89
August 2024 ₹118.9
September 2024 ₹118.89
October 2024 ₹118.93
November 2024 ₹118.92
December 2024 ₹118.93
MMTC share price Target 2025
Month Target
January 2025. ₹127.26
February 2025 ₹129.64
March 2025 ₹127.28
April 2025 ₹126.1
May 2025 ₹126.08
June 2025 ₹126.1
July 2025 ₹126.09
August 2025 ₹126.07
September 2025 ₹126.09
October 2025 ₹126.08
November 2025 ₹126.08
December 2025 ₹126.1
MMTC share price Target 2026
Month Target
January 2026 ₹138.52
February 2026 ₹140.89
March 2026 ₹138.52
April 2026 ₹137.34
May 2026 ₹137.32
June 2026 ₹137.34
July 2026 ₹137.34
August 2026 ₹137.35
September 2026 ₹137.36
October 2026 ₹137.36
November 2026 ₹137.36
December 2026 ₹137.37
MMTC share price Target from 2024 to 2030
Year Initial Tar Mid-Year Tar Year-End Tar
2024 ₹94.56. ₹118.89 ₹118.93
2025 ₹127.26 ₹126.1 ₹126.1
2026 ₹138.52 ₹137.34 ₹137.37
2027 ₹150.29 ₹149.14 ₹149.19
2028 ₹162.7 ₹161.49 ₹161.5
2029 ₹175.69 ₹174.49 ₹174.5
2030 ₹189.32 ₹188.14 ₹188.11
MMTC financials
(INR) Sept 2023. Y/Y
Revenue -210.5Cr 138.59%
Net income 52.04Cr 96.7%
Diluted EPS. 0.35 96.67%
Net profit margin -24.72% 108.55%
Operating income -31.18Cr 16.12%
Net change in cash - -
Cash on hand - -
Cost of revenue -205.29Cr 139.66%
MMTC shareholding pattern
Promoter - 89.9%
Fll - 0%
Dll - 2.4%
Public - 7.6%
Others - 0%
MMTC ltd competitors
●Adani enterprises with market cap 362,343.66 cr
●Sundram with market cap. 1,090.80 cr.
●Redington with market cap. 199.05 cr.
Points to be considered before investing in MMTC ltd.
MMTC PAMP is one of the biggest gold refineries in the world, it won the 'Best Refiner of Year' from 2013 to 2019
One of the best things about buying digital gold at MMTC Pamp is that you get quality pure gold at the live market rates. After buying your digital gold, whether it's for a day, a month, or 10 days, you can easily resell it to MMTC Pamp at the market price.
The prices are not influenced by local factors such as pandemic events, so you get the full resale value directly to your bank account.
MMTC Pamp is a joint venture between Swiss based bullion brand PAMP SA and Government of India undertaking MMTC Ltd, it is one of the largest refineries in Asia, importing gold & silver ore from more than 20 mines around the world.
According to MoneyWorks4Me's Price Trend analysis, MMTC Ltd is Strong which means that the price is likely to rise in the near future. Please check the rating on quality and valuation before investing.
Conclusions
MMTC share price prediction is a complex process that requires an in-depth analysis of the company’s operational performance, industry dynamics and world market trends. The company’s tactical positioning and diversified portfolio, as well as the changing global commodities landscape, supports the potential for the MMTC Share Price target 2025 and 2030. However, it’s important to note that predicting share price is not foolproof and market volatility is a reality. Investors and analysts need to pay close attention to the performance of MMTC, industry trends and global economic developments in order to gain a better understanding of the factors that influence its share price.
MMTC’s share price could reflect its ability to take advantage of emerging opportunities and weather market challenges. As the company continues to navigate the complexities of the commodities market, and continues to implement its growth strategies, its share price may reflect how well it is able to respond to market challenges.
