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MMTC
SectorCommercial Services
MMTC Limited is a Mini-Ratna Public Sector Undertaking under India's Ministry of Commerce & Industry. Established in 1963, it primarily engages in the export of minerals and import of precious metals, non-ferrous metals, fertilizers, agro products, coal, and hydrocarbons. The company operates across Asia, Europe, Africa, Middle East, Latin America, and North America. MMTC has diversified into engineering products and has joint ventures in steel, retailing, free trade warehousing, and commodity exchanges. It is India's largest importer of gold and silver, and has retail jewelry showrooms nationwide. MMTC has a wholly-owned subsidiary in Singapore, MMTC Transnational Pte Ltd, which is currently under liquidation. The company also deals in agricultural products, mineral exploration, and trading of various metals and precious stones.
In the news
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MMTC PAMP calls for better Gold Monetisation Scheme to boost recycling
Raja Venkatraman Recommends 3 Stocks for June 9 Trading
MMTC-PAMP relaunches digital gold, silver platform
MMTC-PAMP launches India's first organised silver buyback
MMTC Appoints Asit Gopal as Government Nominee Director
MMTC-PAMP Launches Silver Recycling Pilot Within 3 Months
MMTC-PAMP seeks duty parity for refiners in Budget 2026
Company insights, generated from the most recent coverage.
MMTC has previously told the exchanges it had no undisclosed material event behind a volume spike, so a repeat surveillance query is the most likely official response to today's 5.9x volume.
DIPAM granted exemption from the FY26 minimum dividend — with no dividend and no operating business, the only remaining re-rating triggers are Anglo Coal arbitration resolution or a government call on MMTC's future.
Stock is down ~23% over a year and ~14% over 3 months, sitting near the bottom of its ₹50.10–₹78.35 52-week range — the bounce looks like oversold short-covering rather than a change in fundamentals.