Hot Pursuit     11-Mar-25
MSTC rises after bagging two-year work contract from Coal India
MSTC added 2.76% to Rs 473 after the company announced that it has received work order from Coal India (CIL) for engagement as 'e-auction service provider’.

Accordingly, the company would conduct e-auction of coal and coal products of CIL/coal companies for a period of two years.

MSTC’s (formerly known as Metal and Scrap Trading Corporation) core activity of the company is diversified mainly into providing e-auction/e-procurement services and trading of bulk products like ferrous and non-ferrous scrap, coke, finished steel, coal and petroleum products.

The company's consolidated net profit surged to Rs 250.85 crore in the quarter ended December 2024 as against Rs 49.97 crore during the previous quarter ended December 2023. However, sales declined by 56.14% to Rs 81.14 crore in Q3 FY25 as compared with Q3 FY24.

Previous News
  MSTC announces appointment of director
 ( Corporate News - 15-Apr-25   19:50 )
  MSTC receives affirmation in credit ratings from CARE
 ( Corporate News - 01-Apr-25   19:06 )
  MSTC fixes record date for 3rd interim dividend
 ( Market Beat - Reports 27-Mar-25   08:07 )
  Board of MSTC recommends Third Interim dividend
 ( Corporate News - 26-Mar-25   17:41 )
  MSTC receives work order from Coal India
 ( Corporate News - 21-Mar-25   18:07 )
  MSTC to conduct board meeting
 ( Corporate News - 20-Mar-25   10:11 )
  MSTC rises after bagging two-year work contract from Coal India
 ( Hot Pursuit - 11-Mar-25   11:02 )
  MSTC receives work order from Coal India
 ( Corporate News - 11-Mar-25   09:33 )
  Govt. of Telangana mandates all its offices to use eauction services of MSTC
 ( Corporate News - 05-Mar-25   18:47 )
  Juniper Hotels Ltd leads gainers in 'A' group
 ( Hot Pursuit - 11-Feb-25   12:00 )
  MSTC consolidated net profit rises 402.00% in the December 2024 quarter
 ( Results - Announcements 11-Feb-25   07:39 )
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