MMTC share price surges over 50% in May; is it still a stock to buy?

MMTC share price hit a 52-week low of ₹42.55 on April 7 this year and a 52-week high of ₹131.88 on July 26 last year. MMTC stock's price-to-earnings ratio has reached near 150, indicating it may be overbought. 

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