Govt of India backed stock MMTC jumps 10% with a spurt in volume

MMTC Ltd was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. The President of India owns a significant stake in the company, holding 89.93% shares. Today, the shares of MMTC Ltd jumped over 10% to ₹116.30 per share with a spurt in volume by more than 1.10 times.