MMTC continues to fall on govt stake sale buzz

06th March 2013 02:18 PM

MMTC, India's largest foreign trade enterprise, continues to fall on Wednesday after media reports said that the government is planning to divest its part stake in the company through an offer for sale (OFS). Shares ofthe companyare trading at Rs 323.40, down Rs 15.9, or 4.69% at the Bombay Stock Exchange (BSE) on Wednesday at 1:03 p.m.In the earlier session, the shares declined 8.07%, or Rs 29.8, at Rs 339.30. The scrip has touched an intra-day high of Rs 361.50 and low of Rs 314.10. The total volume of shares traded at the BSE is 950,402.Currently, the stock is trading at all time 52-week low, which is below 63.66% over the 52-week high of Rs 890.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 470.25 (130.95) (27.85) 1 Month 550.70 (211.40) (38.39) 3 Months 677.35 (338.05) (49.91) 6 Months 787.05 (447.75) (56.89) 1 Year 823.50 (484.20) (58.80) Note: Based on previous day closing price.
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Comments(4)

I bought @324!!!

No body

dear sir, maine MMTC ke 50 share 625 rs mai liya hai ab wo kafi down hai ab isme kya kya jaye plz give means

i had bought 50 shares of mmtc around 650 Rs now what should i do whether i short this or buy at current level for minimize the loss

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