MMTC share sale subscribed 41%; stock down 10%The issue received bids for over 3.8 crore shares, or 41.25 per cent, of the 9.33 crore shares on offer at 1355 hours, according to data fr...
13 Jun, 2013, 02.14 PM IST
MMTC selloff today, floor fixed at Rs 60The govt will kick start its divestment programme for this fiscal with a 9.33% stake sale in MMTC on Thursday, which may fetch it around Rs...
13 Jun, 2013, 06.50 AM IST
MMTC stake sale: Floor price fixed at Rs 60/shareThere is a huge difference between the floor price and the market price of MMTC as the scrip is illiquid, an official in disinvestment depa...
12 Jun, 2013, 06.04 PM IST
Govt to sell 9.33% stake in MMTC tomorrow, may get Rs 300 crThe group of ministers on disinvestment today cleared 9.33 per cent stake sale in MMTC through offer for sale which may fetch the exchequer...
12 Jun, 2013, 04.36 PM IST
MMTC tanks 6%, hits 52-week low on stake sale reportsMMTC Ltd slipped over 6% to hit its 52-week low of Rs 191 in morning trade, after the government is expected to divest nearly 10 per cent s...
12 Jun, 2013, 10.32 AM IST
MMTC stake sale likely on June 13; EGoM may meet tomorrowThe panel of ministers on disinvestment is likely to meet tomorrow to decide on the base price for MMTC stake sale.
11 Jun, 2013, 08.00 PM IST
- Government defers decision on MMTC stake sale till July
The stake sale, which was originally slated to take place in March, was then deferred until the April-June quarter on valuation concerns.
14 May, 2013, 08.02 PM IST
MMTC stake sale offer likely to hit markets this monthThe DoD is planning to launch this month or early May the 9.33 per cent stake sale in MMTC, which could fetch around Rs 300 crore to the ex...
09 Apr, 2013, 05.50 PM IST
EGoM defers MMTC stake sale on valuation concernsThe bankers proposed a certain valuation which was not acceptable to the EGoM, so the MMTC issue was deferred.
12 Mar, 2013, 02.21 PM IST
- MMTC bounces back from record lows as EGoM defers stake sale
MMTC bounced back by over 11% from its record lows of Rs 280.25 registered earlier in the day on Tuesday, after the EGoM deferred MMTC stak...
12 Mar, 2013, 01.54 PM IST
MMTC hits 52-week low ahead of its OFS on ThursdayMMTC Ltd slipped nearly 5 per cent in early morning trade to hit its 52-week low of Rs 281.25 on Tuesday, ahead of its share sale.
12 Mar, 2013, 10.49 AM IST
- EGoM to decide on MMTC stake sale floor price tomorrow
An inter-ministerial panel is likely to decide tomorrow the floor price for 9.33 per cent stake sale in MMTC, which can fetch around Rs 300...
11 Mar, 2013, 05.27 PM IST
MMTC hits 52-week low on govt’s stake sale plansThe EGoM is scheduled to meet on March 12 to decide on the floor price for the stake sale which is expected to rake in about Rs 300 crore.
04 Mar, 2013, 11.17 AM IST
- MMTC stake sale on March 14; could fetch Rs 300 cr
DoD has shortlisted three investment bankers - Avendus, IDBI Capital Market Services and IDFC - to manage the stake sale of the PSU.
03 Mar, 2013, 12.23 PM IST
- Merchant bankers for MMTC divestment likely this week
The Government is likely to finalise this week appointment of merchant bankers for selling its 9.33 per cent stake in MMTC.
04 Nov, 2012, 12.07 PM IST
- MMTC moves CLB against stake sale by Indiabulls in ICEX
State-run trading firm MMTC has moved the Company Law Board (CLB) against a stake sale by its co-promoter Indiabulls to Reliance Exchangene...
02 Dec, 2011, 11.26 AM IST
- MMTC disinvestment likely this fiscal: Sharma
The government has said it is likely to dilute its stake in trading firm MMTC through a follow-on offer in the current fiscal.
29 Aug, 2010, 12.38 PM IST