🔔 Regulatory Alert
Regulatory changes may benefit MCX by allowing margins to be freely transferable between equity and commodity exchanges.
Analyst Rating
based on 10 analysts
50.00%
Buy
30.00%
Hold
20.00%
Sell
Based on 10 analysts offering long term price targets for Multi Commodity Exchange of India Ltd. An average target of ₹4421.8
Source: S&P Global Market Intelligence
Multi Commodity Exchange of India Ltd Share analysis
Multi Commodity Exchange of India Ltd price forecast by 10 analysts
Downside of
High
₹6000
Target
₹4421.80
Low
₹2950
Multi Commodity Exchange of India Ltd target price ₹4421.8, a slight downside of -23.86% compared to current price of ₹5722.9. According to 10 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Multi Commodity Exchange of India Ltd revenue growth forecast
Expected growth rate Q1, FY2026:75.93%
Forecast
Actual
Including amortisation and stock based compensations
Multi Commodity Exchange of India Ltd EPS growth forecast
EPS estimate Q1, FY2026:613.93%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹5,547₹5,89952 Week's Low
52 Week's High
₹1,702₹5,899
| Returns % | |
| 1 Month Return | + 21.7 % |
| 3 Month Return | + 50.11 % |
| 1 Year Return | + 237.71 % |
| Market Stats | |
| Previous Close | ₹5,807.10 |
| Open | ₹5,828.70 |
| Volume | 8.57L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹29,616.21Cr |
Key Statistics
| P/E Ratio | 169.85 |
| PEG Ratio | 18.44 |
| Market Cap | ₹29,616.21 Cr |
| P/B Ratio | 11.02 |
| EPS | 16.3 |
| Dividend Yield | 0 |
| Sector | Financial Services |
| ROE | 3.3 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹29,616.21 Cr | 107.78% | 0.52 | ₹83 Cr | ₹683 Cr | |
| BUY | ₹22,305.96 Cr | 44.59% | 0.57 | ₹350 Cr | ₹1,136 Cr | |
| HOLD | ₹31,436.74 Cr | 286.19% | 0.51 | ₹419 Cr | ₹812 Cr | |
| BUY | ₹23,581.10 Cr | 169.72% | 0.73 | ₹1,125 Cr | ₹4,272 Cr | |
| BUY | ₹52,744.66 Cr | 411.4% | 0.50 | ₹771 Cr | ₹1,592 Cr |
Company Information
Share Price: ₹5722.90 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹29,616.21Cr as of today
Revenue: ₹234.37Cr as on June 2024 (Q2 24)
Net Profit: ₹110.92Cr as on June 2024 (Q2 24)
Listing date: 09 Mar, 2012
Chairperson Name: Harsh Kumar Bhanwala
| Organisation | Multi Commodity Exchange of India Ltd |
| Headquarters | |
| Industry | Financial Services |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
09:29 AM
-Analyst recommends buying MCX with a target price of ₹6,000-6,085 and a stop loss of ₹5,685.
Key events for Multi Commodity Exchange of India Ltd
Analyst Recommends Buy for MCX Stock - 19 Sep, 2024
An analyst from Motilal Oswal Financial Services suggests buying Multi Commodity Exchange (MCX) shares with a target price of ₹6,000-6,085 and a stop loss of ₹5,685.
MCX Shares Surge Following Strong Performance - 18 Sep, 2024
Multi Commodity Exchange Ltd (MCX) shares increased by nearly 5%, hitting ₹5,966, following a significant rally attributed to improved performance and foreign investor participation.
MCX Receives Positive Outlook Amid TCS Transition - 17 Sep, 2024
Motilal Oswal has reiterated a BUY rating for MCX, targeting Rs 6,500, citing strong growth prospects from new products and the transition to TCS. The stock has shown positive momentum, rising over 2% as analysts anticipate improved profitability and increased retail participation.
MCX Stock Hits New High with Impressive Gains - 16 Sep, 2024
Multi Commodity Exchange (MCX) shares have rallied 214% in the past year, reaching a 52-week high of Rs 5,713.90. The stock has shown remarkable performance, delivering multibagger returns and significant gains in recent months.
MCX Declares Dividend Amidst Strong Stock Performance - 14 Sep, 2024
MCX announced a final dividend of Rs 7.64 per share for FY24, subject to shareholder approval. The record date is set for September 19, 2024. Despite being the lowest payout in 8 years, MCX shares have surged 202% over the past year and 67.57% in 2024.
ICICI Securities Maintains HOLD on MCX with Revised Target - 03 Sep, 2024
ICICI Securities maintains a HOLD rating on Multi Commodity Exchange of India, raising the target price to Rs 5,348 due to strong volume growth in futures and options, despite limited visibility for further upgrades.
MCX Stock Sees Significant Gains Amid Growth Optimism - 28 Aug, 2024
MCX shares surged over 15% in August, marking the largest monthly gain in four months. The stock reached a record high of Rs 4,957, driven by optimism from new product launches and strong management confidence. HDFC Securities maintains a buy rating, increasing the target price to Rs 6,000, citing sustained growth potential in options volume and innovative contracts in the pipeline.
Insights on Multi Commodity Exchange of India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 4 quarters, -19.07 Cr → 110.92 Cr (in ₹), with an average increase of 127.8% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 19.72% to 21.87% in Jun 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, MCX has outperformed top 5 stocks with highest market-cap in Financial & Commodity Market Operators & Service Providers
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 201.35 Cr → 253.54 Cr (in ₹), with an average increase of 20.6% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, MCX stock has moved up by 10.1%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 34.65% to 34.96% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, BSE Ltd has given 909.5% return, outperforming this stock by 645.1%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 23.22% to 20.69% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 20.69% | ||
| Mutual Funds | 34.96% | 0.88 | |
| Retail Investors | 21.87% | 10.92 | |
| Others | 22.48% | 0.32 |
Key Indicators
Multi Commodity Exchange of India Ltd Valuation
Multi Commodity Exchange of India Ltd in the last 5 years
Lowest (18.95x)
March 24, 2020
Industry (99.14x)
September 18, 2024
Today (169.85x)
September 18, 2024
Highest (27715.71x)
February 8, 2024
Earnings and Dividends
Multi Commodity Exchange of India Ltd Earnings Results
Multi Commodity Exchange of India Ltd’s net profit jumped 464.19% since last year same period to ₹110.92Cr in the Q1 2024-2025. On a quarterly growth basis, Multi Commodity Exchange of India Ltd has generated 26.23% jump in its net profits since last 3-months.
Read More about Earnings ResultsMulti Commodity Exchange of India Ltd Dividends May,2023
In the quarter ending March 2023, Multi Commodity Exchange of India Ltd has declared dividend of ₹19.09 - translating a dividend yield of 0.33%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Multi Commodity Exchange of India Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
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Multi Commodity Exchange of India Ltd (MCX) share price today is ₹5722.9
Multi Commodity Exchange of India Ltd is listed on NSE
Multi Commodity Exchange of India Ltd is listed on BSE
- Today’s highest price of Multi Commodity Exchange of India Ltd is ₹5899.
- Today’s lowest price of Multi Commodity Exchange of India Ltd is ₹5547.
PE Ratio of Multi Commodity Exchange of India Ltd is 169.85
PE ratio = Multi Commodity Exchange of India Ltd Market price per share / Multi Commodity Exchange of India Ltd Earnings per share
Today’s traded volume of Multi Commodity Exchange of India Ltd(MCX) is 8.57L.
Today’s market capitalisation of Multi Commodity Exchange of India Ltd(MCX) is ₹29616.21Cr.
| Multi Commodity Exchange of India Ltd(MCX | Price |
|---|---|
52 Week High | ₹5899 |
52 Week Low | ₹1702 |
Multi Commodity Exchange of India Ltd(MCX) share price is ₹5722.9. It is down -2.99% from its 52 Week High price of ₹5899
Multi Commodity Exchange of India Ltd(MCX) share price is ₹5722.9. It is up 236.25% from its 52 Week Low price of ₹1702
| Multi Commodity Exchange of India Ltd(MCX | Returns |
|---|---|
1 Day Returns | -84.2% |
1 Month Returns | 21.7% |
3 Month Returns | 50.11% |
1 Year Returns | 237.71% |