11 Mar 2025

MSTC Stock Rises 1.81%; Secures E-Auction Contract from Coal India

MSTC is currently trading at RS. 468.65, marking a gain of 8.35 points or 1.81% from its previous close of RS. 460.30 on the BSE.

The stock opened at RS. 458.05 and touched an intraday high of RS. 470.00 and a low of RS. 456.05. So far, 15,239 shares have been traded on the counter.

In the past 52 weeks, MSTC has recorded a high of RS. 1037.00 on 25-Jul-2024 and a low of RS. 410.80 on 03-Mar-2025. The stock’s last one-week high and low were RS. 485.00 and RS. 434.50, respectively. The company’s market capitalization currently stands at RS. 3260.93 crore.

Promoters hold a 64.75% stake in the company, while institutional and non-institutional investors own 7.84% and 27.40%, respectively.

In a major development, MSTC has secured a work order from Coal India for engagement as an e-auction service provider. The company will conduct e-auctions for coal and coal products of CIL/Coal Companies for two years.

MSTC is a leading PSU entity specializing in e-commerce-related services, including e-auctions, e-sales, e-procurement, and the development of customized software solutions across various industry segments.