Market Movement
The MMTC share price witnessed a significant surge of over 13% in intra-day trading on Thursday, May 29, closing at ₹78.59 on the NSE. This strong rally came despite dismal quarterly earnings, surprising many in the market.
- Intra-day Gain: 13.2%
- Current Price: ₹78.59
- 52-week High: ₹131.88 (July 2024)
- 52-week Low: ₹42.55 (April 2025)
Notably, the MMTC share price has seen a sharp rebound in recent months:
- May 2025: +38%
- April 2025: +7.7%
- March 2025: +6%
This recovery follows a prolonged downtrend between August 2024 and February 2025, during which the stock remained under pressure.
Financial Performance in Q4 FY25
While the stock posted a strong rally, the financial results painted a very different picture.
Revenue
- Declined 64% YoY
- ₹0.23 Crore in Q4 FY25 vs ₹0.64 Crore in Q4 FY24
Net Profit
- Plummeted 96.8%
- ₹2.23 Crore in Q4 FY25 vs ₹69.78 Crore in Q4 FY24
Annual Performance FY25
- Net Profit: ₹86.63 crore, down 54.9% from ₹192.18 crore in FY24
- Revenue: ₹2.69 crore, down 49.6% from ₹5.34 crore in FY24
Despite the poor financials, the MMTC share price defied expectations.
About MMTC Limited
Founded in 1963, MMTC Limited is a state-run trading enterprise headquartered in New Delhi. It is one of India's most prominent international trading companies with a diverse portfolio.
Key Business Verticals:
- Minerals
- Precious Metals
- Coal and Hydrocarbons
- Fertilizers
- Agro Products
- General Trade
MMTC also engages in retail trading of precious metals and operates a wind power project in Karnataka. The company operates globally, with a presence that extends across Asia, Europe, Africa, the Middle East, Latin America, and North America.
Summary
The MMTC share price surged over 13% on May 29, defying weak financial performance in Q4 FY25. While the company reported sharp declines in revenue and profits both quarterly and annually, investor sentiment remained robust. With a strong rebound in its stock price from the 52-week low, MMTC continues to attract market attention despite facing operational headwinds.
Leave A Comment?