MSTC Ltd (NSE: MSTCLTD) PSU Stock: Share prices of the government-owned corporation MSTC (MSTC Share) have experienced a growth of 94 percent over the past month.
This means that the capital of the investors in positions has almost tripled in this time. The stake of the government in the Mini Ratna company is more than 60.
What Is The Company’s Mission?
MSTC manages auctions on behalf of government agencies like the Central Government.
The performance of the organization has maintained its innocence in the field of auctions. This is why it has been able to stay clear of controversy.
A Strong Performance In The Stock Market
Over the last three months, the value of this multibagger stock has gone up more than 100 percent.
Additionally, investors who have owned the stock for six months have made 140 percent of their profits until the present.
Since the start of the calendar year, the corporation controlled by the government has recorded a return of 218 percent.
The experts who are keeping an eye on this company’s stock seem optimistic. He believes that shares of the company will continue to increase.
But, on Tuesday, this stock trades at a loss of 9.99%. The share price of this company is Rs 932.30 according to BSE.
According to data, the stake held by the government in the company is around 64.80 percent.
While foreign investors own 3.33 percent. The holding in mutual funds is around 0.11 percent.
About MSTC Ltd
MSTC (Metal Scrap Trade Corporation) Limited is an India-based online-commerce business.
It is involved in trading in e-commerce, as well as disposal of ferrous and other scraps, surplus stores minerals, agri as well as forest-related products.
The business’s segments include marketing E-Commerce, Scrap Recovery as well as Allied Jobs.
The products it e-auctions include machinery and old plants, scraps, minerals, coal, mine blocks that are not coal, agricultural products, tea, property parcels, tendu leaf, gorgon nuts, timbers, and other forest products.
Fundamental Analysis of MSTC Ltd
| Market Cap | ₹ 6,577 Cr. |
| Current Price | ₹ 932.30 |
| 52-wk High | ₹ 1,045 |
| 52-wk Low | ₹ 239 |
| Stock P/E | 28.55 |
| Book Value | ₹ 127 |
| Dividend | 1.64 % |
| ROCE | 37.9 % |
| ROE | 33.6 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.40 |
| OPM | 35.6 % |
| EPS | ₹ 32.7 |
| Debt | ₹ 145 Cr. |
| Debt to Equity | 0.16 |
| Year | 1st Target | 2nd Target |
| 2024 | ₹935 | ₹1100 |
| 2025 | ₹1154 | ₹1280 |
| 2026 | ₹1300 | ₹1489 |
| 2027 | ₹1500 | ₹1600 |
| 2028 | ₹1645 | ₹1789 |
| 2029 | ₹1800 | ₹2000 |
| 2030 | ₹2100 | ₹2178 |
| Promoters Holding | |
| Dec 2022 | 64.75% |
| Mar 2023 | 64.75% |
| June 2023 | 64.75% |
| Sept 2023 | 64.75% |
| Dec 2023 | 64.75% |
| FII Holding | |
| Dec 2022 | 0.35% |
| Mar 2023 | 0.47% |
| June 2023 | 1.09% |
| Sept 2023 | 3.59% |
| Dec 2023 | 3.33% |
| DII Holding | |
| Dec 2022 | 1.54% |
| Mar 2023 | 1.41% |
| June 2023 | 1.36% |
| Sept 2023 | 1.43% |
| Dec 2023 | 1.35% |
| Public Holding | |
| Dec 2022 | 33.35% |
| Mar 2023 | 33.37% |
| June 2023 | 32.81% |
| Sept 2023 | 30.24% |
| Dec 2023 | 30.58% |
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 3,292 Cr |
| 2020 | ₹ 1,231 Cr |
| 2021 | ₹ 780 Cr |
| 2022 | ₹ 876 Cr |
| 2023 | ₹ 732 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -307 Cr |
| 2020 | ₹ 97 Cr |
| 2021 | ₹ 113 Cr |
| 2022 | ₹ 199 Cr |
| 2023 | ₹ 230 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.58 |
| 2020 | 0.55 |
| 2021 | 0.28 |
| 2022 | 0.23 |
| 2023 | 0.18 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 26% |
| 3 Years: | 36% |
| Current Year: | -10% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 12% |
| 3 Years: | 30% |
| Last Year: | 34% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | -20% |
| 3 Years: | -16% |
| Current Year: | -1% |
Conclusion
This article is a complete guide about MSTC Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Also Read: Fantastic Result; Share Jumped 7%; Target ₹1642; FII Holds 26%, DII Holds 25%
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
