SmallCap stocks fall; MMTC tanks nearly 8%

SmallCap stocks fall; MMTC tanks nearly 8%

SmallCap stocks fall; MMTC tanks nearly 8%

SmallCap stocks fall: Metals and Minerals Trading Corporation (MMTC) of India is one of the two highest earners of foreign exchange for India and India’s largest public-sector trading body. Moreover, MMTC is one of the two highest foreign exchange earners for India. It is the largest international trading company in India and a public sector enterprise exports.

SmallCap stocks fall; MMTC tanks nearly 8% out of the 717 stocks in the index, 206 were trading in the red. While 504 were trading in the green and 3 stocks remained unchanged while 4 didn’t trade.

Moreover, SmallCap stocks were trading on Tuesday. 

Shares  Down Shares 
Kesoram Industries 7.75 percent
MMTC 7.63 percent
MEP 6.4 percent
Universal Cables 6.29 percent
Tribhovandas Bhimji Zaveri 6.18 percent
Shares  Up Shares 
Genus Power Infrastructures 15.11 percent
Oriental Carbon & Chemicals 14.32 percent
JMC Projects (India) 12.17 percent
Mahanagar Telephone Nigam 11.09 percent
Reliance Infrastructure 9.88 percent

Benchmark NSE Nifty50 index was up 47.55 points at 15,003.75, while the BSE Sensex was up 238.1 points at 50,679.17. Moreover, among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red. Meanwhile, the S&P BSE SmallCap index was trading 0.88 percent down at 20,882.34.

Moreover, shares of Vodafone Idea, YES Bank, BPCL, Suzlon Energy, and Adani Power were among the most traded shares on the NSE. Shares of SBI Life, Orchid Pharma, Godrej Industries, Adani Power, and Blue Dart Exp hit their fresh 52 weeks high in today’s trade.

While Devhari Exports (India) Ltd., Sanwaria Consumer Ltd., BC Power Controls Ltd., Suncare Traders Ltd., Integra Capital Management Ltd., CHD Chemicals Ltd., Trident Tools Ltd., Dhruva Capital Services Ltd., Netripples Software Ltd., and Vintage Securities Ltd., hit fresh 52 weeks low in trade.

1 thought on “SmallCap stocks fall; MMTC tanks nearly 8%

Leave a Reply

Your email address will not be published. Required fields are marked *