MMTC Limited : Bonus and Split announcement

by khalid on 16/06/2010 · 0 comments

MMTC Limited (A Govt. of India Enterprise) is India’s Largest Bullion Supplier. The company handling more than 100 MTs of Gold & 500 MTs of Silver. The Precious Metals Division has consistently contributed considerable proportion of the total turnover of the Company. The company has informed the market(BSE) that the Board of Directors of the Company will decide to issue of bonus shares, splitting of the company’s shares, approval of annual accounts of the Company for the year ended March 2010 and to recommend dividend for the financial year FY-10 in the meeting that is going to be held on 29th June 2010.

Share’s Data :-
BSE Code : 513377
Market Cap : Rs 172383.00 Crores
MMTC Ltd. share’s CMP is Rs 34476.60 on 15th Jun 2010.

The stock has risen almost 21% from a recent low of Rs 28,525.15 on 14th June 2010 on the Bonus and Split announcement.

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