MMTC, India's largest foreign trade enterprise, witnessed a rise in share price on Friday after it disclosed a steady growth in standalone net profit for the quarter ended March 2015.  During the quarter, the profit of the company rose 16.04% to Rs 379.80 million from Rs 327.30 million  in the same quarter previous year.

Total income from operations for the quarter  rose 20.14% to Rs 50,308.60 million, compared with Rs 41,875 million for the prior year period.

Shares of MMTC are trading at Rs 52.90, up Rs 0.3, or 0.57% at the Bombay Stock Exchange (BSE) on Friday at 10:04 a.m.

Total volume of shares traded on the bourses today was higher by 66.00% to 397,070 compared with 22-day average volume of 239,200.