MSTC Limited [MSTCLTD.NS] Stock Forecast

MSTC Limited engages in marketing, e-commerce, and scrap recovery and allied job businesses in India. It is involved in the sourcing, purchase, and sale of industrial raw materials, such as heavy melting scrap, low-ash metallurgical coke, HR coil, naphtha, crude oil, coking coal, steam coal, line pipes, etc. for users, as well as traders in the steel, oil and gas, and private and public power sectors. The company also provides e-auction services for sale of ferrous and non-ferrous scraps, surplus stores, minerals, old plant and machineries, e-waste, coal and non-coal mine blocks, iron ore, pulses, grins, oil seeds, land parcels, agricultural produce, tea, gorgon nut, tendu leaves, timbers, and other forest produce, etc; and buildings, apartment, banks' NPAs and DRT, organic agri produce assets etc. In addition, it operates various other portals for petroleum products, organic farming, agricultural product trading, and other activities. Further, the company offers tender and auction, recycling, and e-procurement services. It serves central/PSUs/state government departments and private institutions. The company was formerly known as Metal Scrap Trade Corporation Limited and changed its name to MSTC Limited in September 1994. MSTC Limited was incorporated in 1964 and is headquartered in Kolkata, India.