MMTC reported good Q1. In an interview to CNBC-TV18, Ved Prakash, CMD of MMTC spoke about the results and his outlook for the company.
The state-run company had incurred a loss of Rs 7.01 crore in the corresponding April-June period of last year.
The cashback in the form of gold savings can be bought at a denomination of as low as Re 1.
According to Mitessh Thakkar of mitsshthakkar.com, one may buy Ashok Leyland and MMTC.
Mitessh Thakkar of miteshthacker.com recommends buying Ashok Leyland and MMTC.
The state-run mining and metal firm had reported a net profit of Rs 20.88 crore in the year-ago period.
The product, launched in partnership with MMTC-PAMP, has received wide appreciation from the people and have bought Digital gold from as many as 4,000 pincodes, PayTM Senior Vice president, Krishna Hegde told reporters here.
According to Jay Thakkar of Anand Rathi Securities, one may buy Mcleod Russel with a target of Rs 188.50.
Sameet Chavan of Angel Broking suggests buying Bharat Forge with a target of Rs 1195.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Colgate Palmolive, Coffee Day, MMTC and Rolta India and sell Cipla.
Vishal Malkan of malkansview.com is of the view that one may sell Marico with a target of Rs 285.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 92000 and resistance at 9245-9261-9414 while Bank Nifty has support at 21500 and resistance at 21750.
The appointment is in accordance to the order dated January 27 by the Ministry of Commerce and Industry, MMTC Ltd said in a regulatory filing.
Sun Pharma | Tata Motors | GVK Power | Prabhat Dairy | Ujaas Energy | HPCL | Infibeam | MMTC | Prestige Estates | NMDC | Goodricke Group | BEML | Adani Transmission | NALCO | Muthoot Finance | Repco Home Finance | Voltamp and Reliance Infrastructure are stocks, which are in the news today.
The state-run trading firm MMTC today reported a net profit Rs 74 crore for the third quarter to December, much higher than the Rs 19.89 crore a year ago, on account of higher income.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Idea Cellular | Maruti Suzuki | ICICI Bank | Dabur India | Dilip Buildcon | Pioneer Distilleries | IL&FS Transportation | Thyrocare | NMDC | SAIL | Emami | Bajaj Finserv | Dish TV | Dalmia Bharat Sugar | Emkay Global | Alankit | Indraprastha Medical and Motilal Oswal are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, BEML and Bharat Electronics.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy TVS Motor Company, MMTC and NHPC.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today -- Idea Cellular, Sun Pharma, DRL, Lupin, Aurobindo Pharma , Glenmark, Natco Pharma, Alkem Labs, Ajanta Pharma, Strides Shasun, Biocon, Cipla, Cyient, MMTC and Power Grid.
Shares of MMTC hit fresh 52-week high of Rs 73.85, up 6.5 percent intraday Thursday after its joint venture company signed mining lease agreement.
In an interview to CNBC-TV18‘s Nigel D‘Souza and Reema Tendulkar, Ved Prakash, CMD at MMTC spoke about the mining lease agreement their joint venture has signed for iron ore.
Gold import has increased in the last one month, says Ved Prakash, CMD of MMTC.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com, gives a positive outlook on cement and few auto stocks.