MMTC continues to fall, down over 30% since June 12

MMTC hit a lower circuit limit of 5% at Rs 154.70 at 10:27 IST on BSE, extending recent steep slide triggered by government concluding the divestment of 9.33% stake at a huge discount to the stock's ruling market price last week. Meanwhile, the S&P ...

The government kicked off its 2013-14 disinvestment programme by successfully divesting 9.33% stake in trading firm MMTC. The offer for sale (OFS) for 93.3 million shares of MMTC today saw 1.5 times over subscription, with average bids coming at Rs 60.86 ...

MMTC was frozen at the 5% lower circuit at Rs 162.80 at 10:51 IST on BSE after the government pared its stake through an offer for sale on Thursday, 13 June 2013. Meanwhile, the S&P BSE Sensex was down 8.39 points or 0.04% at 19,169.54. On BSE, 887 ...

As the shares of MMTC were locked in lower circuit for the second day running on Friday, losing Rs 18.90 to remain frozen at Rs 170.15 on the NSE till the close, a look at the pre-OFS shareholding pattern shows that mutual funds and individual investors will ...

India kicked off its plan to raise 400 billion rupees ($6.92 billion) through asset sales this fiscal year with the sale of a stake in trading firm MMTC Ltd, whose discounted share offering was oversubscribed on Thursday. The government plans to sell stakes ...

10:40am Among midcaps, MMTC, Opto Circuits, Adani Power, Adani Enterprises, United Breweries, Jain Irrigation and IVRCL slip 3-4.5 percent. Tata Motors shares decline 1.8 percent, its UK subsidiary Jaguar Land Rover (JLR) wholesale sales numbers ...

There are pending sell orders 18.09 million shares at 0930 hours on BSE and NSE. email this article Subject line: Your Email: Send me a copy: Recipients Id: Type address separated by commas Enter the characters shown in the image. MMTC locked in lower circuit ...

Coimbatore, June 14 As the shares of MMTC are locked in lower circuit for the second day running, losing Rs 18.90 to remain frozen at Rs 170.15 on the NSE, a look at the pre-OFS shareholding pattern shows that mutual funds and individual investors will have ...

MMTC hit lower circuit of 10% for the second straight day after the government has fixed the floor price for stake sale at a huge discount. The issue got subscribed 1.55 times. It received bids for 144.26 million shares as against 93.3 million shares on ...