Minerals and Metals Trading Corporation Limited (MMTC), a leading public sector undertaking (PSU) trading firm, has seen its shares surge an impressive 57% in May.
The stock’s price jumped 13% on May 29, closing at ₹78.51 per share. This marked a three-day gain of 38%.
The company primarily engages in the import and export of metals and minerals with strategic commodities at its core.
MMTC’s market capitalization and stock performance
Market details
MMTC’s shares have a 52-week high of ₹131.8 and a low of ₹44.5. The company’s market capitalization stands at ₹11,700 crore.
The stock recorded an 8% gain in April and a 6% gain in March. In the last three months, it is up 79%.
MMTC’s Q4FY25 earnings report showed a 96.8% year-on-year decline in profit to ₹2.23 crore, down from ₹69.78 crore a year earlier.