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In this video we will learn about Latest News for this stock. MMTC Share price Target 2022! MMTC ltd Latest News! Technical Analysis MMTC stock. Value buy MMTC
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A Corporate giant growing in leaps and bounds, MMTC Limited is the leading international trading company in India and has been in existence for close to six decades. The premier trading house has always striven to outperform its own past records.
Exploring opportunities with a passion and zeal to excel has placed the company at the pinnacle of glory. Dedication and persistence continue to be the buzz words that have helped MMTC sustain its characteristic excellence in performance.
Established in 1963, MMTC is a leading international trading company of India with a turnover of around Rs. 12,500 crore.
MMTC is the first Public Sector Enterprise to be accorded the status of “FIVE STAR EXPORT HOUSE” by Government of India for long standing contribution to exports.
MMTC continues as the canalized agency for export of Iron ore, Manganese ore & Chrome ore. MMTC is also one of the three canalizing agencies for import of urea. Presently, MMTC is one of the nominated agencies for import of gold and silver.
Its vast international trade network, which includes a wholly owned subsidiary in Singapore covers almost all countries in Asia, Europe, Africa, America etc. giving MMTC global market coverage.
INDIA’S LEADING EXPORTER OF MINERALS
MMTC Limited continues to be a leader in mineral exports for over five decades now. With its comprehensive infrastructural set up to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of its regional and port offices in India, as well as international subsidiary in Singapore.
MMTC’s performance in mineral trade has been acknowledged by the CAPEXIL (Chemicals and Allied Products Export Promotion Council of Govt. of India) by conferring the nation’s highest award for excellence in minerals exports consecutively for the last 22years.
MMTC has been consistently striving to enhance its competitiveness in the area of value addition. MMTC has provided further fillip to value addition of minerals by setting up MMTC’s co-promoted 1.1. Million tpa Steel plant viz., Neelachal Ispat Nigam Ltd. (NINL), which consumes over 2.2 million tons of various types of minerals on annual basis arranged mainly by MMTC.
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0:02 Introduction about the company
0:36 – Fundamentals of the stock
01:08 – Technical Analysis of the stock
02:03 – Our Recommendation
02:44 Conclusion
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