MSTC is a public sector undertaking with government of India holding 65 percent stake. The company’s e-commerce revenue is likely to go to 90 percent from the current 25 percent as it has partnered with government, PSBs, and private sector enterprises to provide e-auction/e-services. Scrappage policy too will help the company as they have a 50:50 joint venture with Mahindra and Mahindra (M&M).

Moneycontrol.com’s Nandish Shah explains the rationale of investing in MSTC in the special segment ‘Moneycontrol Pro Ideas for Profit’.

(Edited by : Santosh Nair)