1. MMTC share price gains over 7% on Q2 profit

MMTC share price gains over 7% on Q2 profit

MMTC share price on Monday jumped over 7.5 per cent after the company reported a net profit of Rs 43.84 crore for the second quarter ended September 30.

By: | New Delhi | Updated: November 16, 2015 4:14 PM
BSE Sensex, NSE Nifty, MMTC

MMTC share price on Monday jumped over 7.5 per cent after the company reported a net profit of Rs 43.84 crore for the second quarter ended September 30. (Express Photo)

MMTC share price on Monday jumped over 7.5 per cent after the company reported a net profit of Rs 43.84 crore for the second quarter ended September 30.

The share price of the company closed 7.58 per cent up at Rs 45.40 on BSE.

The company had reported a net loss of Rs 10.08 crore in the corresponding quarter of the previous fiscal.

Net sales of the company increased to Rs 4,884.99 crore during the July-September period compared with Rs 2,511.79 crore in the same quarter last year.

(With inputs from PTI)

Tags: MMTCSensex
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