Nifty Share Price News, Mumbai, 18 March 2026: Today MMTC Ltd (Minerals and Metals Trading Corporation of India) shares saw big ups and downs. By 11:04 AM on the NSE, the share price had reached ₹61.11, up ₹7.95 or 14.95% from the previous close of ₹53.16. The stock opened at ₹53.20, with a day’s high of ₹61.50 and a low of ₹53.20. The VWAP was ₹60.22, and the trading volume was huge at 52 million shares. This pushed the market cap to around ₹9,166.50 crore. A similar price trend was seen on the BSE as well (prices on NSE and BSE stay almost the same).
MMTC’s share made it to the top gainers today and caught investors’ attention due to high trading volume. The 52-week high is ₹88.19 and the low is ₹44.50.
Debt status of MMTC Ltd.
MMTC is almost a debt-free company. As of September 2025, the borrowings are only ₹32 crore. The company has significantly reduced debt over the past few years. This strengthens financial stability and sends a positive signal to investors. The total debt amount is negligible compared to the market capitalisation.
Return delivered by 18 March 2026
- 1-year return (1Y Return): About 5% (up to 18% according to some sources).
- 3-year return (3Y Return): 22% CAGR
- 5-year return (5Y Return): 5% CAGR.
- 10-year return (10Y Return): 8% CAGR
With today’s 14.95% increase, the short-term return looked attractive. ROE was 6% last year and 15% over 3 years. Book value is ₹12.8.
Other news related to MMTC Ltd:
- Q3 FY26 (December 2025) results: Announced in February 2026. Net profit ₹46 crore, but a provision of ₹1,088 crore was made for the Anglo Coal case. The company completed the NINL divestment.
- New appointment: Shri Jatinderjit Singh Mann has been appointed as Executive Director (Marketing) for 5 years in February 2026.
- Gold seized: 12,503.7 grams of gold seized, court hearing on 26 February.
- Others: No reallocation requests received for physical share transfers as per SEBI rules. The company’s main business is minerals, metals, and trading, but despite challenges in sales growth (−86.5% CAGR over 5 years), profit growth (19.1% CAGR) is good.
Conclusion
Today, investors are excited to see high trading in MMTC shares and a nearly 15% increase. The debt-free position and profit growth show good long-term potential, but note the risks due to sales growth and no dividend. Do your own research or talk to an advisor before investing, as the market is risky.
