# MMTC (MMTC) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/mmtc

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹53.45
- Change: -1.27%
- As of: 2026-11-06
- 1D return: -1.27%
- 5D return: +5.97%
- 1M return: -1.51%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

MMTC (₹53.45) exhibits a well-established daily downtrend, trading below all key moving averages and the Supertrend indicator. The ADX of 26.88 confirms strong trend conviction on the daily chart, while weekly and monthly trends remain bearish but weak in momentum. Price is positioned near the lower end of its 20-day and 252-day ranges (+34.9% and +14.0% respectively), indicating limited upside space relative to recent volatility. A moderate upward gap on November 5th (+1.2%) provided temporary relief, but the stock remains under pressure from resistance at ₹53.79 (0.63% above) and support at ₹53.43 (0.03% below). With annualized volatility at 46.9% and a current drawdown of -37.7%, risk remains elevated. Confirmation of trend reversal requires a sustained close above the 20-day EMA and the immediate resistance cluster; failure to hold above ₹53.43 risks testing lower support at ₹52.84.

- Trend Direction: Daily trend is established and bearish (ADX 26.88); price trades below all major MAs and Supertrend across daily, weekly, and monthly timeframes.
- Price Positioning: Trading near lower ends of 20-day (+34.9%) and 252-day (+14.0%) ranges; nearest resistance at ₹53.79 (0.63% up), nearest support at ₹53.43 (0.03% down).
- Momentum & Volatility: High annualized volatility (46.9%) and significant drawdown (-37.7%); recent moderate upward gap (+1.2% on Nov 5) has not altered broader negative structure.
- Monitoring Condition: Bearish setup holds if price stays below ₹53.79; potential for further downside if support at ₹53.43 breaks, targeting ₹52.84.

- Outside Bar
- Shooting Star
- Bullish Engulfing Reversal
- Doji
- Inside Bar

### News Context

MMTC Limited (NSE) is preparing to release its Half Yearly Unaudited Financial Results for the period ended September 2026. The Board of Directors will convene on November 10, 2026, at 12:30 Hrs to consider and approve these standalone and consolidated results. This follows a routine compliance update filed on November 6, 2026, confirming that zero requests were received for the re-lodgment of physical share transfers during October 2026.

From a market perspective, MMTC’s shares have exhibited a bearish trend across daily, weekly, and monthly timeframes as of November 6, 2026. The stock closed at ₹53.45, down from a previous close of ₹54.14, with a market capitalization of approximately ₹81,210 crore. Technical indicators show negative momentum, with the 20-day Exponential Moving Average slope at -0.32 and the Supertrend direction remaining bearish. Performance metrics reflect significant downside pressure over longer horizons, including a year-to-date return of -18.7% and a one-year return of -19.1%. The stock is currently trading near immediate support levels, with resistance identified just above at ₹53.79.

- Board Meeting Scheduled: MMTC’s Board will meet on November 10, 2026, to approve Half-Yearly Unaudited Financial Results for the period ended September 2026.
- Share Transfer Compliance: On November 6, 2026, MMTC reported NIL requests for re-lodgment of physical share transfers for October 2026, fulfilling SEBI circular obligations.
- Bearish Technical Trend: As of November 6, 2026, daily, weekly, and monthly Supertrend directions are bearish, with the stock closing at ₹53.45.
- Performance Metrics: The stock has declined 18.7% year-to-date and 19.1% over the past year, with an annualized volatility of 46.9% and a current drawdown of -37.7%.

- MMTC Limited has informed the Exchange regarding ''MMTC Limited has informed the Exchange regarding the receipt of NIL requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for October 2026''. |SUBJECT: Updates
- MMTC LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Other business. |SUBJECT: Board Meeting Intimation
- Board Meeting Intimation |Meeting Date: 10-Nov-2026
- MMTC Limited intimates the Stock Exchange regarding 492nd Board meeting to be held on 10.11.2026 at 1230 hrs. |SUBJECT: General Updates
- MMTC Limited has informed the Exchange regarding the receipt of 458 requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for September 2026. |SUBJECT: Updates

### What Changed

On November 6, 2026, MMTC Limited reported a closing share price of ₹53.45 on the NSE, reflecting a decline from the previous recorded level of ₹54.25. This price movement marks a shift in the stock's valuation context for retail investors.

In parallel corporate developments, MMTC filed an update with the National Stock Exchange confirming that its Registrar and Transfer Agent received zero requests for the re-lodgment of physical share transfers during October 2026. This filing fulfills compliance obligations under SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The absence of such requests indicates no immediate administrative disruptions regarding physical share certificates for the period ended October 31, 2026.

- Stock Price Shift: MMTC closed at ₹53.45 on November 6, 2026, down from ₹54.25.
- Corporate Filing: On November 6, 2026, MMTC confirmed NIL requests for physical share transfer re-lodgment for October 2026.
- Compliance Status: The update satisfies reporting requirements under SEBI Circular dated January 30, 2026.

- [MMTC Limited has informed the Exchange regarding ''MMTC Limited has informed the Exchange regarding the receipt of NIL requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for October 2026''. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_06112026114907_RE-LODGEMENT_OCT-26.pdf)

### Fundamentals

MMTC’s operating trajectory shows a sharp structural shift in Q1 FY2026-27, where Profit Before Tax surged to ₹124.55 crore from ₹15.54 crore in Q4 FY2025-26, driven by a reversal in core operations. While Revenue From Operations remained modest at ₹68 lakh, the company recorded a Profit Before Exceptional Items And Tax of ₹124.50 crore, indicating that recent profitability is largely derived from non-operating sources rather than trading margins. This aligns with historical trends where Net Profit (₹387 crore in FY2026) significantly exceeded Operating Profit (-₹181 crore), sustained by high Other Income (₹826 crore).

Financial health has improved markedly; borrowings fell from ₹159 crore in Mar 2024 to just ₹2 crore in Mar 2026, and finance costs dropped to ₹5 lakh in Q1 FY2026-27. However, earnings quality remains a concern as cash flow from operations turned more negative (-₹605 crore in FY2026 vs -₹367 crore in FY2025), despite positive investing cash flows likely linked to investment portfolio growth (rising from ₹276 crore to ₹533 crore). Shareholding remains concentrated with promoters holding 89.93%, while DII and FII stakes are minimal.

The most critical checkpoint for the next result is whether the strong pre-tax profit can be replicated through operational improvements or if it continues to rely on volatile other income, especially given the persistent negative operating profit trend.

- Q1 FY2026-27 Profit Before Tax jumped to ₹124.55 crore from ₹15.54 crore in Q4 FY2025-26, primarily due to a turnaround in Profit Before Exceptional Items And Tax to ₹124.50 crore.
- Net Profit declined sequentially to ₹104.24 crore in Q1 FY2026-27 from ₹126.03 crore in Q4 FY2025-26, despite higher pre-tax profits.
- Borrowings reduced drastically to ₹2 crore by Mar 2026 from ₹159 crore in Mar 2024, and finance costs fell to ₹5 lakh in Q1 FY2026-27.
- Cash from Operating Activity worsened to -₹605 crore in FY2026 compared to -₹367 crore in FY2025, highlighting a divergence between reported profits and cash generation.

### Bear Case

MMTC’s equity setup as of 6 November 2026 reflects a sustained bearish trend across daily, weekly, and monthly timeframes. The stock closed at ₹53.45, down from its previous close of ₹54.14, with technical indicators including the Supertrend, EMA-20 slope (-0.32), and SMA-50 slope (-1.14) all signaling downward momentum. Minus DI (28.58) significantly outweighs Plus DI (19.08) on the daily chart, confirming selling pressure.

Performance metrics highlight substantial underperformance: the stock is down -19.1% over one year, -19.7% over six months, and -18.7% year-to-date. It has experienced a maximum drawdown of -41.2%, with the current drawdown standing at -37.7%. Annualized volatility is high at +46.9%, indicating significant price instability. While near-term support exists at ₹53.43, resistance is closely positioned at ₹53.79, suggesting limited immediate upside potential.

- Bearish Technical Consensus: Daily, weekly, and monthly Supertrends are all bearish; ADX (26.88) suggests moderate trend strength, while Minus DI (28.58) dominates Plus DI (19.08).
- Sustained Underperformance: One-year return is -19.1%, six-month return is -19.7%, and YTD return is -18.7%, reflecting persistent negative momentum.
- Elevated Volatility and Drawdown: Maximum drawdown reached -41.2% with current drawdown at -37.7%; annualized volatility stands at +46.9%.
- Tight Resistance Ceiling: Immediate resistance is located just 0.63% above the current price at ₹53.79, limiting short-term recovery potential.

- [MMTC Limited has informed the Exchange regarding ''MMTC Limited has informed the Exchange regarding the receipt of NIL requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for October 2026''. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_06112026114907_RE-LODGEMENT_OCT-26.pdf)
- [MMTC LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Other business. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- [Board Meeting Intimation |Meeting Date: 10-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- [MMTC Limited intimates the Stock Exchange regarding 492nd Board meeting to be held on 10.11.2026 at 1230 hrs. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_02112026173410_492sd.pdf)
- [MMTC Limited has informed the Exchange regarding the receipt of 458 requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for September 2026. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_07102026121625_RE_FINAL_SD.pdf)
- [MMTC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/ajaymisra_05102026144945_Regulation_74_5__sd.pdf)
- [MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162314643.xml)
- [MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162213339.xml)
- [MMTC Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors](https://nsearchives.nseindia.com/corporate/ajaymisra_28092026172404_DKJsd.pdf)
- [MMTC LIMITED has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3031_WebXMLFile_20260924_111528663.xml)

### FAQs

**What is the upcoming key event for MMTC, and what will it reveal?**

MMTC’s Board of Directors will meet on November 10, 2026, to consider and approve the Half-Yearly Unaudited Financial Results for the period ended September 30, 2026. This filing is a primary source for assessing the company's standalone and consolidated financial performance for the first half of the fiscal year.

**How has MMTC's stock price performed over the past year and since the start of 2026?**

As of November 6, 2026, MMTC shares have declined by -19.1% over the trailing one-year period and -18.7% year-to-date. The stock has also fallen -27.8% since the start of the tracking period, indicating a sustained downward trend in market valuation over this timeframe.

**What are the current technical support and resistance levels for MMTC shares?**

On November 6, 2026, with the share closing at ₹53.45, immediate support was observed at ₹53.43 (0.03% below) and ₹52.84 (1.15% below). Resistance levels were identified at ₹53.79 (0.63% above), ₹54.38 (1.75% above), and ₹54.74 (2.41% above).

**What does the current volatility and drawdown data suggest about recent price stability?**

The stock exhibits high volatility, with an annualized volatility of +46.9% and an Average True Range (ATR) of 3.63%. As of November 6, 2026, the stock is in a current drawdown of -37.7%, having experienced a maximum drawdown of -41.2%, suggesting significant recent price fluctuations and downside risk.

- [MMTC Limited has informed the Exchange regarding ''MMTC Limited has informed the Exchange regarding the receipt of NIL requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for October 2026''. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_06112026114907_RE-LODGEMENT_OCT-26.pdf)
- [MMTC LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Other business. |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- [Board Meeting Intimation |Meeting Date: 10-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- [MMTC Limited intimates the Stock Exchange regarding 492nd Board meeting to be held on 10.11.2026 at 1230 hrs. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_02112026173410_492sd.pdf)
- [MMTC Limited has informed the Exchange regarding the receipt of 458 requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for September 2026. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/ajaymisra_07102026121625_RE_FINAL_SD.pdf)
- [MMTC Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/ajaymisra_05102026144945_Regulation_74_5__sd.pdf)
- [MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162314643.xml)
- [MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162213339.xml)
- [MMTC Limited has informed the Exchange regarding Change in Auditors of the company. |SUBJECT: Change in Auditors](https://nsearchives.nseindia.com/corporate/ajaymisra_28092026172404_DKJsd.pdf)
- [MMTC LIMITED has informed the Exchange about Closure of Trading Window |SUBJECT: Trading Window-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3031_WebXMLFile_20260924_111528663.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Downtrend
- Weekly trend: Insufficient History
- Pivot point: ₹54.38
- Risk regime: Higher Price Risk

### Support levels
- 52.5
- 51.40875
- 50.105000000000004

### Resistance levels
- 56.915000000000006
- 58.18
- 60.089960937499995

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.27% |
| return_10 | +5.70% |
| return_1m | -6.24% |
| return_1y | -19.11% |
| return_20 | -1.51% |
| return_3m | -16.55% |
| return_5 | +5.97% |
| return_6m | -19.66% |
| return_since_start | -27.80% |
| return_ytd | -18.66% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -41.19% |
| annualized_volatility | +46.93% |

## Quarterly financials

- Latest complete quarter: fy27_q1

## Profit surges on unallocable income; core revenue remains minimal

MMTC reported a sharp increase in profit before tax to ₹124.55 crore in Q1 FY2026-27, up 171% from ₹45.88 crore in the same quarter last year. This profit was generated despite revenue from operations of only ₹68 lakh, which remained at a very low level. The quarter’s profitability was driven by a large net unallocable income of ₹101.53 crore, while exceptional items were negligible. Net profit rose to ₹104.24 crore from ₹44.26 crore a year ago, though it fell 17% from the preceding quarter, which had benefited from a large exceptional gain and a negative tax expense.

## Revenue from operations remains minimal

Revenue from operations was ₹68 lakh in Q1 FY2026-27, a slight increase from ₹61 lakh in the previous quarter but a 50% decline from ₹1.36 crore in Q1 FY2025-26. The absolute level is very low, and over the past year it has ranged between ₹34 lakh and ₹1.36 crore per quarter. Total income (turnover) for the quarter was ₹146.12 crore, almost entirely from other income of ₹145.44 crore, highlighting that the company’s trading activity is not captured in the revenue from operations line.

## Profitability driven by large unallocable income

Profit before exceptional items and tax was ₹124.50 crore, a sharp turnaround from a loss of ₹80.52 crore in the previous quarter and up from ₹45.87 crore in Q1 last year. Exceptional items before tax were only ₹5 lakh, so profit before tax of ₹124.55 crore was almost entirely from operations before exceptional items. The largest contributor was the ‘Other Unallocable Expenditure Net Off Un Allocable Income’ line, which showed a net income of ₹101.53 crore. This line has been a net income in most recent quarters, though its size varies: it was ₹78.12 crore in Q4 and ₹17.35 crore in Q1 last year.

Segment profit before tax was ₹135.06 crore, up 22.9% from the previous quarter and 152.6% from the same quarter last year. Overall profit before tax was ₹124.55 crore. The company also reported employee benefit expense of ₹14.70 crore, depreciation of ₹70 lakh, and finance costs of ₹5 lakh, which are modest relative to the other income and unallocable income.

## Tax expense turns positive

Tax expense was ₹30.82 crore, resulting in an effective tax rate of approximately 24.7% on profit before tax. This contrasts with the previous quarter, when tax expense was a negative ₹16.15 crore, which had increased net profit. In Q1 last year, tax expense was ₹9.21 crore.

## Net profit declines sequentially but rises year-over-year

Net profit for the period was ₹104.24 crore, down 17.3% from ₹126.03 crore in the previous quarter but up 135.5% from ₹44.26 crore in Q1 last year. The sequential decline reflects the absence of the large exceptional gain of ₹96.06 crore and the negative tax charge that boosted the previous quarter’s net profit. The year-over-year increase was driven by a much larger unallocable net income compared to the same quarter last year.

## Key Takeaway

MMTC’s Q1 FY2026-27 profit before tax surged year-over-year, driven by a large unallocable net income, while trading revenue remained minimal. The company’s earnings continue to depend heavily on unallocable items rather than

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +89.93%
- FII holding: +0.16%
- DII holding: +1.78%
- Mutual fund holding: +0.07%
- Retail holding: +7.29%
- Promoter pledged: +0.00%

### Major reported shareholders

- PRESIDENT OF INDIA — +89.93%
- LIFE INSURANCE CORPORATION OF INDIA — +1.60%

## Official filings

- 2026-11-06 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_06112026114907_RE-LODGEMENT_OCT-26.pdf)
- 2026-11-02 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- 2026-11-02 — Board Meeting Notice: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_3031_WebXMLFile_20261102_171751201.xml)
- 2026-11-02 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_02112026173410_492sd.pdf)
- 2026-10-07 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_07102026121625_RE_FINAL_SD.pdf)
- 2026-10-05 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_05102026144945_Regulation_74_5__sd.pdf)
- 2026-09-28 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162314643.xml)
- 2026-09-28 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260928_162213339.xml)
- 2026-09-28 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_28092026172404_DKJsd.pdf)
- 2026-09-24 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_3031_WebXMLFile_20260924_111528663.xml)
- 2026-09-24 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_24092026120340_trading_windowsd_.pdf)
- 2026-09-17 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_17092026134253_ilovepdf_merged__7_.pdf)
- 2026-09-17 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_17092026170159_AGMPSD.pdf)
- 2026-09-17 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_3031_WebXMLFile_20260917_171457056.xml)
- 2026-09-08 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_08092026125407_relodgement_SD_merged.pdf)
- 2026-08-31 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_31082026133925_reply.pdf)
- 2026-08-24 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_24082026131157_NOTICEFILINGF.pdf)
- 2026-08-24 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_3031_WebXMLFile_20260824_134912965.xml)
- 2026-08-24 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_24082026145110_npfilingSDF.pdf)
- 2026-08-23 — Annual Report: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30544_MMTC_2025_2026_A_16793949_24082026152651.pdf)
- 2026-08-21 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_21082026102510_spurt_sd.pdf)
- 2026-08-13 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_13082026123237_NP_FILINGJUNE2026_sd__1_.pdf)
- 2026-08-11 — Litigation Disclosure: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_11082026191611_Final_PDF_sd.pdf)
- 2026-08-11 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_11082026111225_relodgement_pdf_mergedSD.pdf)
- 2026-08-11 — Generic Announcement: MMTC Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ajaymisra_11082026193713_sfs_siaq.pdf)

## News and market events

- 2026-10-13 — The Hindu: **SC strikes down MMTC appeal against NSEL one-time settlement** — Supreme Court upholds ₹1,950 crore NSEL settlement, enabling faster payouts to 5,682 traders and closing major hurdles. — [Source](https://www.thehindubusinessline.com/markets/commodities/sc-strikes-down-mmtc-appeal-against-nsel-one-time-settlement/article71579287.ece)
- 2026-08-20 — BUSINESS: **Volumes spurt at MMTC Ltd counter** — MMTC Ltd notched up volume of 373.46 lakh shares by 14:14 IST on NSE, a 29.12 fold spurt over two-week average daily volume of 12.82 lakh shares — [Source](https://www.business-standard.com/markets/capital-market-news/volumes-spurt-at-mmtc-ltd-counter-126082000669_1.html)
- 2026-08-20 — CNBC-TV18: **This PSU is up 8% as markets bounce back from slump; Here's a look at the top Nifty 500 movers at market open** — Some Nifty 500 stocks rallied as others slipped on reasons including crude oil's extended rise. Here's a look at today's top gainers and losers at market open — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-muthoot-finance-hdb-financial-hindalco-mmtc-oil-india-19973249.htm)

## Business profile

**Strategic vision:** Facilitates international trade and earns foreign exchange for India.

### Business segments
- **Minerals:** The company trades in various minerals, including iron ore and manganese ore.
- **Metals:** This segment includes precious metals as well as non-ferrous metals.
- **Agro Products:** MMTC is involved in the trade of a range of agricultural commodities.
- **Coal & Hydrocarbons:** The company engages in the trading of coal and hydrocarbon products.
- **Fertilizer:** MMTC facilitates the import of essential fertilizers.
- **General Trade/Others:** This segment covers a variety of other trading activities, including third-country trade, joint ventures, and link deals, leveraging modern forms of international trading.

### Competitive strengths
- Government of India undertaking status
- Established international trading operations
- Extensive global network of channel partners and distribution

## Related stocks

- [The Bombay Burmah Trading Corporation Limited (Trading)](https://faxioms.com/stocks/bbtc) — +1.08%
- [Multi Commodity Exchange of India Limited (Trading)](https://faxioms.com/stocks/mcx) — +4.81%
- [Redington Limited (Trading)](https://faxioms.com/stocks/redington) — -7.83%
- [Aavas Financiers Limited (Financial Services)](https://faxioms.com/stocks/aavas) — +0.08%
- [Aditya Birla Fashion and Retail Limited (Retail)](https://faxioms.com/stocks/abfrl) — -6.34%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/mmtc
Markdown representation: https://faxioms.com/stocks/mmtc?render=md