MMTC LTD Analyasis on 7 Jan 24MMTC LTD Analyasis on 7 Jan 24
formation of Cup & Handle pattern
Stoploss 48 (on closing basis)
40 (Deep stoploss)
target 80-90-98
0.88INR
15.62 BINR
35.28 BINR
151.10 M
About MMTC LTD.
Sector
Industry
CEO
Hardeep Singh
Website
Headquarters
New Delhi
Employees (FY)
522
Founded
1963
ISIN
INE123F01029
FIGI
BBG000D5F4Q0
MMTC Ltd. engages in the export of minerals and import of precious metals, non-ferrous metal, fertilizers, agro products, coal, and hydrocarbon. It operates through the following segments: Precious Metals, Metals, Minerals, Coal and Hydrocarbon, Agro Products, Fertilizer, and General Trade/Others. The company was founded in 1963 and is headquartered in New Delhi, India.
MMTC - Multi Year Break OUT Break out with Decent Volume
CMP 78
Buy now & add on dips till 70
SL CLB 66/60
Target 105-125-140
Dont forget to Like & Boost the Idea
For more info - Plz visit my profile
Regards,
Naresh G
SEBI Reg.RA
MMTC | Multiyear Breakout📊 DETAILS
Sector: Trading
Mkt Cap: 8,235 cr
MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and
10 year resistance breakout *for educational purpose only.
MMTC breaking out of 10 year old resistance with momentum.
RSI is showing strength on monthly chart.
MMTC- Inv. H&S breakout done on monthly, RB breakout pendingMMTC- Inv. H&S breakout and retracement done on monthly. Then formed a Rounding bottom on daily and yet to breakout for the target mentioned in the chart.
The beauty here is both the monthly target and daily target are matching exactly.
Disclaimer:
Stocks-n-Trends is NOT a SEBI registered company
MMTC- Technically visible U-turnMMTC is a company which has one of the worst fundamentals among all PSUs
News of company being scrapped were in market couple of months ago.
Only investors with high risk appetite and disposable money should be interested in this stock.
Technically, a monthly closing above 70 will be confirmation f
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Frequently Asked Questions
The current price of MMTC is 70.97 INR — it has decreased by 2.00% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MMTC LTD. stocks are traded under the ticker MMTC.
MMTC stock is 4.83% volatile and has beta coefficient of 2.55. Check out the list of the most volatile stocks — is MMTC LTD. there?
Yes, you can track MMTC LTD. financials in yearly and quarterly reports right on TradingView.
MMTC stock has fallen by 6.01% compared to the previous week, the month change is a 7.51% rise, over the last year MMTC LTD. has showed a 130.42% increase.
MMTC net income for the last quarter is 557.10 M INR, while the quarter before that showed 520.40 M INR of net income which accounts for 7.05% change. Track more MMTC LTD. financial stats to get the full picture.
Today MMTC LTD. has the market capitalization of 108.63 B, it has increased by 4.63% over the last week.
Like other stocks, MMTC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MMTC LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 522.00 employees. See our rating of the largest employees — is MMTC LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MMTC LTD. technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MMTC LTD. stock shows the buy signal. See more of MMTC LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MMTC LTD. EBITDA is −1.48 B INR, and current EBITDA margin is −3.02%. See more stats in MMTC LTD. financial statements.