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MMTC

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Analysis and statistics

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About

MMTC.NSE represents the stock of MMTC Limited, which is a trading company in India, listed on the National Stock Exchange of India (NSE). The company is primarily involved in the international trade of minerals, metals, precious metals, and agricultural products. The .NSE suffix indicates that the stock is traded on the National Stock Exchange of India.

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Factors

Global Gold & Silver Prices: MMTC's primary business involves precious metals trading; therefore, fluctuations in international gold and silver prices heavily impact its stock price.

Government Policies: Government regulations on gold imports, export policies, and tariffs significantly affect MMTC's profitability and, consequently, its stock value.

Rupee-Dollar Exchange Rate: As a major importer, MMTC's financials are vulnerable to currency fluctuations; a weaker rupee raises import costs, potentially lowering profits and stock price.

Domestic Demand for Gold: Seasonal demand shifts for gold (festivals, weddings) in India influence MMTC's sales and, in turn, its market performance and stock price.

Economic Growth in India: India's economic health impacts consumer spending on precious metals. Stronger growth can boost demand, benefiting MMTC and its stock value.

Company-Specific News: Any internal news regarding new ventures, contracts, disputes, or financial performance directly affects investor sentiment and MMTC's stock price.

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Markets

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  • AUD/USD

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    -4.42%
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    1.36%
  • Silver

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    -0.02%
  • USA 30 - Futures

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    0.25%
  • Crude Oil Futures

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    0.39%
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