MMTC share price surges over 50% in May; is it still a stock to buy?
MMTC share price continued witnessing strong buying interest for the third consecutive session on Friday, May 30, rising over 8 per cent in morning trade on the BSE. MMTC share price opened at ₹84.21 against its previous close of ₹81.36 and surged 8.4 per cent to an intraday high of ₹88.20.
At this price, the stock has jumped 38 per cent in three sessions and 57 per cent in May after an 8 per cent gain in April and a 6 per cent gain in March.
MMTC share price hit a 52-week low of ₹42.55 on April 7 this year and a 52-week high of ₹131.88 on July 26 last year.
MMTC on May 29 reported a 96.8 per cent year-on-year plunge in its consolidated net profit for Q4FY25 to ₹2.23 crore, compared to ₹69.78 crore in the same quarter…
