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Multi Commodity Exchange of India Ltd share price logo

Multi Commodity Exchange of India Ltd

(MCX)

₹5308.80.67%

as on 04:01PM, 13 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 10 analysts

BUY

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-16.71%

High

₹6000

Target

₹4421.80

Low

₹2950

Multi Commodity Exchange of India Ltd target price ₹4421.8, a slight downside of -16.71% compared to current price of ₹5308.8. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹5,282
    ₹5,350
  • 52 Week's Low

    52 Week's High

    ₹1,702
    ₹5,422.2
1 Month Return+ 21.22 %
3 Month Return+ 35.78 %
1 Year Return+ 199.12 %
Previous Close₹5,273.55
Open₹5,305.00
Volume2.16L
Upper Circuit-
Lower Circuit-
Market Cap₹26,895.11Cr

Key Statistics

P/E Ratio155.27
PEG Ratio16.86
Market Cap₹26,895.11 Cr
P/B Ratio0
EPS16.3
Dividend Yield0
SectorFinancial Services
ROE3.3

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹26,895.11 Cr91.54%0.00₹83 Cr₹683 Cr
BUY₹21,711.69 Cr42.81%0.57₹350 Cr₹1,136 Cr
HOLD₹28,805.43 Cr245.59%0.51₹419 Cr₹812 Cr
BUY₹21,742.34 Cr157.79%0.73₹1,125 Cr₹4,272 Cr
BUY₹38,839.48 Cr306.24%0.50₹771 Cr₹1,592 Cr

Company Information

Multi Commodity Exchange of India Limited (MCX) is a deemed stock exchange recognised by the Indian Securities and Exchange Board of India (SEBI). It is one of the top seven global commodity futures exchanges based on the value of commodity futures contracts traded. MCX commenced futures trading in November 2003, with various banks and financial institutions investing in the exchange's equity shares. It has affiliates in various international organisations, such as IOSCO, and strategic alliances with international exchanges, such as CME Group and London Metal Exchange (LME). During the year 2022, MCX forged multiple strategic alliances, including with Dalian Commodity Exchange, Taiwan Futures Exchange, Zhengzhou Commodity Exchange, European Energy Exchange AG and Chittagong Stock Exchange. It also launched multiple futures contract, such as MCX iCOMDEX Bullion Index BULLDEX and Base Metal Index METLDEX, while new commodities, such as Rubber, were also added to the exchange's trading portfolio. MCX had 592 members and 50254 Authorised Persons at FY 2022, with coverage spread across 1018 cities and towns in India.

Share Price: ₹5308.80 per share as on 13 Sep, 2024 04:01 PM
Market Capitalisation: ₹26,895.11Cr 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
OrganisationMulti Commodity Exchange of India Ltd
Headquarters
IndustryFinancial Services
E-voting on sharesClick here to vote

Key events for Multi Commodity Exchange of India Ltd

  • 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.

  • MCX Confirms Breakout, Signals Uptrend Continuation - 19 Aug, 2024

    MCX has confirmed a breakout above its medium-term consolidation zone, indicating a likely continuation of the uptrend. Analysts expect the stock to rise to Rs 4,920-5,100.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 201.35 Cr → 253.54 Cr (in ₹), with an average increase of 20.6% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, MCX has outperformed top 5 stocks with highest market-cap in Financial & Commodity Market Operators & Service Providers

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, -19.07 Cr → 110.92 Cr (in ₹), with an average increase of 127.8% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 34.65% to 34.96% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 19.72% to 21.87% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, MCX stock has moved up by 199.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, BSE Ltd has given 608.2% return, outperforming this stock by 379.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 23.22% to 20.69% in Jun 2024 quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹145.77Cr (-)₹165.11Cr (↑13.27%)₹191.53Cr (↑16.00%)₹181.14Cr (↓5.42%)₹234.37Cr (↑29.39%)
Net Income₹19.66Cr (-)-₹19.07Cr (↓197.00%)-₹5.35Cr (↓71.95%)₹87.87Cr (↓1,742.43%)₹110.92Cr (↑26.23%)
Net Profit Margin13.49% (-)-11.55% (↓185.62%)-2.79% (↓75.84%)48.51% (↓1,838.71%)47.33% (↓2.43%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,808.01Cr (-)₹1,828.60Cr (↑1.14%)₹1,867.73Cr (↑2.14%)₹1,819.61Cr (↓2.58%)
Total Liabilities₹227.65Cr (-)₹273.30Cr (↑20.05%)₹272.03Cr (↓0.46%)₹269.42Cr (↓0.96%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹201.03Cr (-)₹89.34Cr (↓55.56%)₹119.25Cr (↑33.48%)-₹63.77Cr (↓153.48%)₹117.12Cr (↓283.66%)

Index Inclusions

DFRGRI Indices

₹1,543.85

0.51 (7.78%)

Nifty Small 100

₹19,505.95

0.78 (151.2%)

BSE 500

₹37,757.29

0.1 (36.4%)

BSE Small-Cap

₹57,128.04

0.95 (538.11%)

S&P BSE 400 MidSmallCap

₹12,925.21

0.63 (80.95%)

Nifty Smallcap 250

₹18,543.15

0.88 (161.45%)

S&P BSE Fin. Ser

₹11,738.08

0.42 (48.56%)

S&P BSE SmallCap Select

₹8,490.71

0.94 (79.02%)

Nifty Smallcap 50

₹9,376.85

0.86 (79.6%)

Nifty Alpha 50

₹60,014.20

0.45 (271.2%)

S&P BSE AllCap

₹11,052.65

0.16 (17.17%)

S&P BSE 250 SmallCap

₹7,507.35

0.79 (58.99%)

Nifty MidSmallcap 400

₹20,931.20

0.73 (151.65%)

Nifty 500

₹23,928.20

0.09 (20.85%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
0%
0.00
Foreign Institutions
20.69%
-10.89
Mutual Funds
34.96%
0.88
Retail Investors
21.87%
10.92
Others
22.48%
0.32

Key Indicators

Details20202021202220232024
Return On Equity %10.29.48.628.243.3
Details20202021202220232024
Return On Assets %13.2912.467.847.984.57
Details20202021202220232024
Book Value Per Share (₹)266.55278.08278.06290.06270.29
Details20202021202220232024
Earning Per Share (₹)46.3744.1628.1329.2116.3

Multi Commodity Exchange of India Ltd Valuation

Multi Commodity Exchange of India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.95x)

March 24, 2020

Industry (92.36x)

September 13, 2024

Today (155.27x)

September 13, 2024

Highest (27715.71x)

February 8, 2024

LowHigh

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 Results
  • Multi 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 0.36%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

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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  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Multi Commodity Exchange of India Ltd shares.

Multi Commodity Exchange of India Ltd (MCX) share price today is ₹5308.8

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 ₹5350.
  • Today’s lowest price of Multi Commodity Exchange of India Ltd is ₹5282.

PE Ratio of Multi Commodity Exchange of India Ltd is 155.27

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 2.16L.

Today’s market capitalisation of Multi Commodity Exchange of India Ltd(MCX) is ₹26895.11Cr.

Multi Commodity Exchange of India Ltd(MCXPrice
52 Week High
₹5422.2
52 Week Low
₹1702

Multi Commodity Exchange of India Ltd(MCX) share price is ₹5308.8. It is down -2.09% from its 52 Week High price of ₹5422.2

Multi Commodity Exchange of India Ltd(MCX) share price is ₹5308.8. It is up 211.92% from its 52 Week Low price of ₹1702

Multi Commodity Exchange of India Ltd(MCXReturns
1 Day Returns
35.25%
1 Month Returns
21.22%
3 Month Returns
35.78%
1 Year Returns
199.12%