Why did MMTC share price drop?

Published by Charlie Davidson on

Why did MMTC share price drop?

MMTC, along with the State Trading Corporation, is one of the largest government-owned trading firms in India. This news of the closure was the main reason driving the sharp fall in the price of MMTC since the Modi government wants to clearly reduce the burden on the exchequer of running such loss-making PSUs.

What is the future of MMTC share price?

MMTC Limited (NSE: MMTC) As on 27th Sep 2021 MMTC Share Price closed @ 44.55 and we RECOMMEND Buy for LONG-TERM with Stoploss of 39.01 & Sell for SHORT-TERM with Stoploss of 46.93 we also expect STOCK to react on Following IMPORTANT LEVELS.

Which share is falling down today?

Time Period

Company Current Price Change
L Infotech 5879.50 -105.75
Reliance Power 12.76 -0.23
JSW Energy 344.00 -6.10
Infosys 1692.90 -29.05

Which share dropped the most?

Time Period

Company Current Price Change
Power Grid Corpn. 176.00 -55.15
Indiabulls Housing 233.00 -31.45
UPL 725.85 -87.60
BPCL 420.60 -45.50

Is it good to invest in MMTC?

MMTC Ltd’s earnings have declined by -242.5%, whereas share price has appreciated 7.8% CAGR over the past five years, indicating the company’s share price is likely overvalued. Past 10 years financial track record analysis by Moneyworks4me indicates that MMTC Ltd is a below average long term investment.

What is NTPC share?

NTPC. -1.05(-0.85%)

What is the future of HFCL?

HFCL Limited (NSE: HFCL) As on 20th Sep 2021 HFCL Share Price closed @ 70.80 and we RECOMMEND Buy for LONG-TERM with Stoploss of 54.57 & Buy for SHORT-TERM with Stoploss of 66.18 we also expect STOCK to react on Following IMPORTANT LEVELS.

Which share price will increase today?

Time Period

Company Current Price Day’s Low/High
Coal India 174.55 168.00 176.30
Power Grid Corpn. 183.75 176.20 188.80
Indian Bank 130.40 125.50 131.50
NTPC 131.95 127.35 133.60

Why did TCS share fall today?

Analysts at ICICI Securities have downgraded TCS stock to ‘hold’ from ‘add’ as they believe that industry growth is unlikely to witness a meaningful acceleration (vs pre-Covid) over the medium term as is expected by the street. The total dividend given by TCS in FY21 now stands at Rs 38 per share.

Is PAMP gold a good investment?

Pamp Suisse gold bars are one of the safest investment options available today. More and more people are investing in this product because they want to make sure that their money is invested in the right place. Also, gold has been offering good returns for the last few months.

Is it good idea to invest in digital gold?

Since the safe keeping of large volume of gold will always be an issue, digital gold, when purchased online, allows you to transfer the hassle of security to the seller. Your gold is safely held in insured, and secured vaults while maintaining the transparency of your transaction.

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