MMTC Share Price Target


 

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 and Metal products for the commodity of India. It plays a vital role in the Import and Export of Minerals and 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 a Board of Directors meeting is scheduled to take place on 08/2/2024 to discuss and approve the Unaudited Financial Results for the quarter ended Dec. 12, 2023, as well as other matters. The company's sales decreased by 99.90%, to Rs.73 crore, as compared to Rs.764.16 crore in the same quarter of the previous year, according to a regulatory filing. MMTC Share price Target by 0.77%, to Rs.60 per share, on 04 Jan 2024. Investors should keep an eye on the company's stock price in the near future to see its reaction.
MMTC share price Target 2024Month.                                    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 patternPromoter - 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 Share Price 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 can buy high quality pure gold at the live market rates

You can sell your digital gold to MMTC Pamp after one day, a year or 10 days, and you can resell it 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.

The Price Trend analysis of MoneyWorks4Me shows that 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’s future flight path is based on a complex analysis of the company’s operating efficiency, industry dynamics, and global market trends, as well as its tactical positioning and diversified portfolio. MMTC Share Prtice Target 2025 and 2030 is underpinned by the changing global commodities landscape. However, it’s important to note that forecasting share price involves a certain degree of uncertainty and market volatility.

Investors and analysts should pay close attention to the performance of MMTC, industry trends and global economic developments in order to gain a better understanding of the factors affecting its share price.

As MMTC navigates the complexities of the commodities market, and continues to implement its growth strategies, its share price could reflect its ability to take advantage of emerging opportunities and weather market challenges.

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