MMTC Share Price Target 2024, 2025, 2030, 2040, 2050
The public sector enterprise Minerals and Metals Trading Corporation of India (MMTC Limited) is one of India leading trading firms. As investors seek commodities and international trade prospects, MMTC has received interest.
This article analyzes MMTC fundamentals, market position, and growth prospects to predict share prices in 2024, 2025, 2030, 2040, and 2050.
What is MMTC Ltd NSE: MMTC?
On the National Stock Exchange of India, MMTC Ltd. trades exports, imports, and domestically. Established in 1963, MMTC trades precious metals, fertilizers, coal, hydrocarbons, agricultural commodities, and metals. The corporation is vital to India overseas commerce.
Fundamental Table
| Metric | Value |
| Market Cap | ₹4,425 crore |
| P/E Ratio | 24.56 |
| EPS | ₹1.20 |
| Dividend Yield | 1.67% |
| ROCE | 3.12% |
| ROE | 4.87% |
| Debt to Equity | 0.01 |
Key Metrics Table
| Metric | Value |
| 52 Week High | ₹45.90 |
| 52 Week Low | ₹25.60 |
| Book Value per Share | ₹24.68 |
| Price to Book Value | 1.19 |
| Free Float | 10.00% |
| Promoter Holding | 90.00% |
Peers & Comparison Table
| Company | Market Cap (₹ Cr) | P/E Ratio | ROE (%) |
| MMTC | 4,425 | 24.56 | 4.87 |
| STC India | 1,098 | 8.34 | 24.13 |
| PEC Ltd | 91 | 41.76 | |
| MSTC | 4,658 | 16.57 | 25.90 |
| NBCC | 7,128 | 43.69 | 7.62 |
Share price Target Tomorrow
| Price Type | Change |
| Maximum | +₹2.14 |
| Minimum | -₹1.16 |
MMTC share price Target 2024
MMTC is predicted to increase moderately in 2024 as it navigates global trade constraints and diversifies. Streamlining processes and exploring new business prospects may boost financial performance. MMTC share price will be between ₹55 and ₹130 in 2024.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 55 | 130 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 55 | 85 |
| February | 75 | 105 |
| March | 60 | 80 |
| April | 65 | 80 |
| May | 65 | 80 |
| June | 65 | 80 |
| July | 65 | 90 |
| August | 75 | 130 |
| September | 80 | 120 |
| October | 85 | 110 |
| November | 75 | 120 |
| December | 80 | 130 |
MMTC share price Target 2025
In 2025, MMTC is expected to benefit from potential improvements in global trade conditions and its strategic initiatives to enhance operational efficiency. The company focus on expanding its presence in high growth sectors may start yielding results. We project MMTC share price to range between ₹80 and ₹150 in 2025.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 80 | 150 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 80 | 104 |
| February | 85 | 110 |
| March | 90 | 120 |
| April | 93 | 125 |
| May | 95 | 130 |
| June | 98 | 120 |
| July | 101 | 130 |
| August | 110 | 135 |
| September | 115 | 125 |
| October | 120 | 140 |
| November | 125 | 140 |
| December | 135 | 150 |
MMTC share price Target 2030
MMTC is expected to change its business strategy and operations by 2030. Its long term diversification and technology investments should boost development. We predict MMTC share price will reach ₹850 and ₹1020 by 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 850 | 1020 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 850 | 960 |
| February | 855 | 965 |
| March | 860 | 970 |
| April | 865 | 975 |
| May | 870 | 980 |
| June | 875 | 985 |
| July | 880 | 990 |
| August | 885 | 995 |
| September | 890 | 1000 |
| October | 895 | 1005 |
| November | 900 | 1010 |
| December | 910 | 1020 |
Share Price Target 2050
Projecting 2050 share values requires conjecture owing to the lengthy time horizon. We estimate a range if MMTC reacts to changing market circumstances and stays relevant in the global trade scene. 2050 MMTC share price may be between ₹2300 and ₹2900.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 2300 | 2900 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 2300 | 2420 |
| February | 2310 | 2430 |
| March | 2320 | 2440 |
| April | 2330 | 2550 |
| May | 2440 | 2660 |
| June | 2450 | 2680 |
| July | 2460 | 2700 |
| August | 2570 | 2820 |
| September | 2580 | 2840 |
| October | 2600 | 2860 |
| November | 2620 | 2880 |
| December | 2650 | 2900 |
Should I buy MMTC stock?
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 55 | 130 |
| 2025 | 80 | 150 |
| 2030 | 850 | 1020 |
| 2050 | 2300 | 2900 |
Many variables must be considered while buying MMTC shares. The corporation has government support and a solid commercial history in India. However, responding to global trade dynamics and boosting operational efficiency are difficult. Investors should measure long term growth against commodities market volatility and the company reorganization initiatives. Before investing, study and evaluate your financial objectives and risk tolerance, and maybe contact a financial expert.
MMTC Ltd earning results
MMTC financial performance has fluctuated due to global trade issues. The company continuous diversification and efficiency measures may affect future financial outcomes.
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
| Q1 FY24 | 5,417.62 | 15.51 | 0.10 |
| Q4 FY23 | 7,017.95 | 20.39 | 0.14 |
| Q3 FY23 | 8,249.87 | 16.51 | 0.11 |
| Q2 FY23 | 6,804.66 | 4.76 | 0.03 |
Expert forecasts on the future of MMTC Ltd.
Industry analysts are divided on MMTC future. Some see possibilities in the company reorganization and diversification, while others worry about its ability to compete in a complicated global trade market. Expert estimates highlight development potential in new business sectors, including e commerce and value added services.
- Traditional trading profitability issues.
- Opportunities in new commodities and developing markets.
- Competitiveness requires significant technical and operational changes.
- Government policies may affect corporation strategy.
Is MMTC stock good to buy? (bull case & bear case)
Bull Case:
- Strong government support and commercial presence in India
- Growth potential from diversifying into new businesses
- Financial stability and low debt
- Potential India Rising International Trade Benefactor
- Income focused investors like dividend yield
Bear Case:
- Financial instability and diminishing profitability in recent years
- Changing global trade dynamics pose challenges.
- High government policy and decision dependency
- Private trade companies compete fiercely.
- Restructuring potential and uncertainty
Conclusion
MMTC Ltd. has long traded in India but needs help to adapt to global trade changes. Diversification and operational improvements may boost growth, but investors should evaluate the dangers of the company fluctuating financial performance and continuing reorganization. This article share price projections are based on current trends and expert analysis, but investors should remember that the stock market is unpredictable and vulnerable to internal and external influences. Before investing, you should study, assess your risk tolerance, and contact a financial expert.
FAQs
Trading in fertilizers, coal, agro goods, precious metals, and other commodities is MMTC primary area of international concentration.
The difficulties in the worldwide trading environment and MMTC continuing reorganization efforts have contributed to the stock unpredictable performance.
Improvements in operational efficiency, development in developing markets, and diversification into new business sectors are key growth drivers.
MMTC encounters rivalry from both private and governmental sector entities in the trade business. Its success has been uneven compared to competitors like MSTC and STC India.
The primary dangers are possible further reorganization, difficulties adjusting to shifting trade dynamics, reliance on government programs, and commodity price volatility.
