India's MSTC gains on pollution control board nod for electronic trading platform

MSTC

15/09/2025 09:10

** Shares of e-commerce company MSTC MSTC.NS rise as much as 3.4% to 545.4 rupees, before paring gains to trade up 2.3%

** Shares gain after the Central Pollution Control Board (CPCB) recommends MSTC to build and run an online platform for trading Extended Producer Responsibility (EPR) certificates

** Companies need EPR certificates to buy and meet government rules on recycling waste like plastics, batteries, and e-waste

** Analysts view the mandate as a positive, expanding MSTC's digital services beyond its core e-auctions and reinforcing its position as a government-backed marketplace operator

** Trading volume reaches 382,045 shares, 1.3 times the 30-day average

** Despite session's gains, MSTC shares have lost 22.3% so far in 2025, underperforming the Nifty Microcap 250 Index, which has fallen 4.3% year-to-date

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))