MMTC Limited is a leading international trading company engaged in the export and import of various commodities like precious metals, minerals, coal and agricultural products. The company has a strong presence in the international market and has operations in more than 70 countries.
If you are planning to invest in MMTC Limited shares, then you might be curious to know about the company’s share price targets in the upcoming years. Top market experts have given the green signal to this stock for long-term investment.
It was established in 1963 and is under the administrative control of the Indian Ministry of Commerce. The full form of MMTC is “Minerals and Metals Trading Corporation” Limited.
Besides this, the company is also active in the mining and exploration sectors and has also expanded its business operations in areas such as e-commerce, logistics and consultancy services. In this article, we will make MMTC Share Price Prediction for the years 2023, 2024, 2025 to 2030.
Fundamentals of MMTC
MMTC is known for its sustainability and ethical practices. The company is also committed to promoting environmental and social responsibility and won many awards and honours.
| Company Name | Minerals & Metals Trading Corporation Limited |
| Industry | Trading Company |
| Country | India |
| Founded | 1963 |
| Primary Exchange | NSE/BSE |
| Tarded Volume | 4,68, 898 |
| Market Cap | ₹ 4,493 Cr |
| Revenue (Q-FY22) | ₹ 763.16 Cr |
| Net Profit | ₹ 97.55 Cr |
| Net Profit Margin | 12.78% |
| Dividend Yield | 0.51% |
| EPS (TTM) | 11.14 |
| ROE | – 160.55% |
| P/E Ratio | 2.69 |
| D/E Ratio | 0.11 |
| Buy/Sell/Hold | Hold |
| Face Value | 1 |
| Official Website | https://www.mmtclimited.com |
MMTC Business Area
MMTC is a large trading company in India that deals internationally in various commodities such as metals, minerals, precious stones and agricultural products. Commercial customers are government agencies, private companies, individuals, and others.
Share price history
| Year | Low | High |
|---|---|---|
| 2018 | 27.30 | 43.37 |
| 2019 | 16.60 | 27.95 |
| 2020 | 12.30 | 26.45 |
| 2021 | 28.45 | 60.10 |
| 2022 | 34.45 | 61.10 |
MMTC Share price target for the years 2023, 2024, 2025- 2030
Before predicting the share price targets of MMTC, let’s look at the financial performance. The company has shown strong financial results and earns huge profits over the two years. Revenue, profit, management and presence are the main key factors that help to grow in the future.
Market experts estimate that the share price of MMTC could reach between Rs. 60 to 80 by 2023. The recent performance and rising demand for the commodity across the globe are some of the reasons behind this prediction.
But, the “Bankshala Team” has a different view on price targets which is based on our experience, research and technical analysis.
2023
In 2023, as per our several research, the minimum share price target for MMTC shares can be around Rs 34.12 per share. At the end of the year, it will rise and the maximum target for the MMTC share will be Rs 42.34.
- Minimum target price: Rs 34.12
- Maximum target price: Rs 42.34
- Average target price: Rs 38.51
2024
The first target price for MMTC shares could be Rs 44.22 per share. There will be further upside and finally, the maximum share price target for MMTC shares can be Rs 58.35 by 2024.
- Minimum target price: Rs 44.22
- Maximum target price: Rs 58.35
- Average target price: Rs 49.41
2025
In 2025, with our research, experience and technical analysis, the first target price for MMTC shares would be Rs 65.24 per share. There will be an upside trend in the mid of the year and the maximum share price target for MMTC shares can be Rs 76.31.
- Minimum target price: Rs 65.24
- Maximum target price: Rs 76.31
- Average target price: Rs 68.30
2026
The lowest share price target for MMTC shares in 2026 could be Rs 74.15 per share. There will be an upside move towards the end of the year and the maximum target for MMTC shares will be Rs 88.23.
- Minimum target price: Rs 74.15
- Maximum target price: Rs 88.23
- Average target price: Rs 79.52
2027
In 2027, as per our experience and technical analysis, the first target price for MMTC shares could be around Rs 84.25 per share. There will be an upside move and the maximum share price target for MMTC shares can be Rs 96.24.
- Minimum target price: Rs 84.25
- Maximum target price: Rs 96.24
- Average target price: Rs 88.28
2028
Based on our research, experience and technical analysis, the lowest share price target for MMTC shares can be Rs 104.42 per share. At the end of the year, it will move upwards, and the maximum target for MMTC shares by 2028 will be Rs 132.23.
- Minimum target price: Rs 104.42
- Maximum target price: Rs 132.23
- Average target price: Rs 115.41
2029
In 2029, as per our research and technical analysis, the lowest share price target for MMTC shares can be Rs 136.21 per share. With year-end upside momentum, an upper target for MMTC shares can be Rs 146.23.
- Minimum target price: Rs 136.21
- Maximum target price: Rs 146.23
- Average target price: Rs 142.12
2030
As per our research, experience and technical analysis, the lowest share price target for MMTC shares may be around Rs 154.85 per share. With an upside momentum by mid-year, an upper target for MMTC shares could reach Rs 170.42 by 2030.
- Minimum target price: Rs 154.85
- Maximum target price: Rs 170.42
- Average target price: Rs 164.31
Note: The above price target forecasts are based on current market trends and the company’s performance, financial results and history. But, remember that this is not the exact price and it may differ from the exact price, therefore. Therefore, it is advised to do your own research and consult a financial advisor before taking any investment decision.
Is MMTC a good investment for the long term?
The company has a strong presence in the international market and has been able to maintain a good track record of trading activities. If you go for the long term, this can be a good option in your portfolio.
As it has also diversified its business operations into other sectors, such as power trading, jewellery, engineering, etc. Which provides additional revenue streams and helps to maintain stable financial results over the years.
Risk factors
MMTC Limited is a trading company that deals with minerals, metals, and other commodities. As with any trading company, there are several risk factors that MMTC faces. Here are some of the risk factors associated with MMTC:
- Market Risk: As a trading company, MMTC is always associated with risks. Any changes in the demand or supply of commodities in the global market may affect the prices at which it trades.
- Credit Risk: MMTC provides loans to its customers for the products in which it deals. Any default by the customer may result in a huge loss to the company.
- Foreign Exchange Risk: MMTC is associated with foreign exchange risk as it deals with a number of international customers and suppliers. Changes in currency exchange rates can affect the company’s profitability and cash flow.
- Regulatory Risk: MMTC is subject to various regulatory and legal requirements in India and abroad. Any non-compliance or change in regulations may affect its business operations and profitability.
- Operational Risk: Any disruption in the company’s supply chain or any operational issues that could affect its business operations.
- Political Risk: The Company is always exposed to the risk of political instability, both in India and abroad, which may affect its business operations and profitability.
FAQs
A: Many experts estimate that the share price of MMTC could reach anywhere between Rs. 60-80 by 2023.
A: By 2024, MMTC’s share price will increase to Rs. 90-120, primarily due to its expanding business operations and focus on sustainable growth.
A: In 2025, the share price of MMTC will further increase to Rs. 130-160 due to its continuous growth in the international trade industry.
A: No, these share price targets are not guaranteed. They are predictions based on current market trends and company performance. It is always important to do your own research and consult a financial advisor before making any investment decision.
A: MMTC Limited is a leading international trading company engaged in the export and import of various commodities like precious metals, minerals, coal, agricultural products etc.
A: Many factors may affect MMTC’s share price in the future, such as changes in the global economy, the company’s performance and financial condition, and the state of the international trade industry.
A: Investing in MMTC Ltd. shares can be a good idea, but it is important to do your own research and consult a financial advisor before making any investment decision. It is also important to understand the risks associated with investing in the stock market.
A: Experts estimate that MMTC’s share price could reach Rs 100.250-300 by 2030, mainly due to its growing presence in global commodity markets and expansion of business operations.
Conclusion
MMTC Limited is an international trading company with more bright future for the next five to seven years. The company is focused on the growth and expansion of business operations around the world. However, you should always be aware and do your research before investing in the shares of any company.
Disclaimer: The share price target is an estimated value for the future which is not the actual price. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing in any company you should do your own research and consult with your financial advisor.
