MMTC Share Price Today on 26-11-2024: At 26 Nov 11:20 today, MMTC shares are trading at price ₹77.84, 1.83% up from the previous closing price. Sensex is trading at ₹79994.21, down by -0.14%. The stock has hit a high of ₹78.88 and a low of ₹76.7 during the day.
On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 74.81 |
10 | 76.61 |
20 | 76.94 |
50 | 83.36 |
100 | 89.90 |
300 | 83.04 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹77.76, ₹78.96, & ₹80.14, whereas it has key support levels at ₹75.38, ₹74.2, & ₹73.0.
Till 11 AM today, the volume traded on NSE & BSE for MMTC was -74.72% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 12.65% & ROA of 5.22% respectively.The current P/E of the stock is at 55.84 & P/B is at 6.66.
The company has a 0.00% promoter holding, 0.04% MF holding, & 0.09% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.53% in june to 0.04% in the september quarter.
The FII holding has increased from 0.02% in june to 0.09% in the september quarter.
MMTC share price up 1.83% today to trade at ₹77.84 while its peers are mixed. Its peers such as Deccan Gold Mines are falling today, but its peers Midwest Gold are on the rise. Overall, benchmark indices Nifty & Sensex are down 0.06% & -0.14% each respectively.
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