Multi Commodity Exchange of India Ltd (MCX)

Sebi Directive Drags Down MCX and BSE Stocks - 30 Apr, 2024

The Securities and Exchange Board of India (Sebi) has directed listed exchanges like BSE and MCX to pay retrospective regulatory fees with interest, dragging down their stocks. MCX is also facing a similar regulatory action from Sebi regarding payment of regulatory fees based on notional turnover. Meanwhile, MCX's stock has gained 298% since its IPO in 2012.

SEBI Directive Impacts MCX Shares - 29 Apr, 2024

Shares of Multi Commodity Exchange of India (MCX) fell by 7% after SEBI asked the company to pay a higher regulatory fee based on annual turnover, considering the notional value of options contracts.

MCX Stock Breaks All-Time High Mark Amid Trading Session Changes - 26 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) sees a strong breakout above its all-time high mark of 4,072.60 with significant volume increase. Meanwhile, MCX announces changes to trading sessions on May 1.

MCX India Sees Strong Revenue and Profit Growth in Q4 Results - 25 Apr, 2024

Multi Commodity Exchange of India reports strong Q4 results with 35.43% YoY revenue growth and 1512.29% YoY profit growth. May crude oil futures on MCX trading higher. ICICI Securities maintains HOLD rating for MCX India.

MCX Reports Strong Q4 Results but Full-Year Profit Declines - 24 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) reported a consolidated net profit of Rs 878.7 crore in Q4 FY24 with an increase in EBITDA, but its full-year net profit declined by 44.2%. The company's revenue from operations increased YoY. Shares slumped nearly 8% on the news.

MCX Reports Strong Q4 Results and Declares Dividend - 23 Apr, 2024

Multi Commodity Exchange of India Ltd reports strong Q4 FY24 results with a net profit of Rs.88 crore and a revenue surge of 56% YoY to Rs.209 crore. The exchange also declared a final dividend of Rs.7.64 per equity share for FY24. MCX allowed Sebi-registered foreign portfolio investors to trade in oil and natural gas derivatives to widen investor participation.

MCX Permits FPI Participation in Derivatives Trading - 22 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) has allowed Foreign Portfolio Investors (FPIs) to participate in oil and natural gas derivatives, while SEBI rejects proposed CEO candidates. The exchange also saw a surge in stock prices following the confirmation of crude oil and natural gas mini options trading. Motilal Oswal predicts strong Q4 results.

SEBI Directs MCX to Restart Selection Process for New CEO - 21 Apr, 2024

The Securities and Exchange Board of India (SEBI) has directed Multi Commodity Exchange of India Ltd (MCX) to restart the selection process and make interim arrangements to run the bourse, after Padala Subbi Reddy steps down as managing director and chief executive officer next month.

MCX Stock Shows Positive Bias Amidst Rising Futures Prices - 19 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) stock shows positive bias as April crude oil and May futures prices rise on MCX. Axis Securities recommends buying, holding and accumulating MCX with an expected upside of 4,200-4,400 and downside support zone of 3,760-3,660.

MCX Partially Closes Commodity Derivative Segment - 16 Apr, 2024

The Multi Commodity Exchange of India Limited (MCX) will undergo a partial closure with commodity trading suspended only for the morning session while the evening session remains open. Crude oil futures are up while zinc futures are down.

MCX Futures Trading Down, Exchange to Remain Shut in Morning Session - 15 Apr, 2024

The Multi Commodity Exchange of India Ltd's April crude oil futures were trading lower on Monday morning, while the exchange is set to remain closed for the morning session on April 17 and will only resume trading in the evening.

MCX Sees High-Frequency Trading; MOSL Upgrades Stock - 12 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) sees high-frequency trading, gains over 4% after Motilal Oswal upgrades stock to a buy call with a Rs 4,300 target price. Q3 revenues rise 33% YoY. Crude oil and zinc futures see an increase. Total volumes for March reach ₹26.8 lakh crore.

MCX Stock Upgraded to Buy Amid Growth Drivers & Regulatory Measures - 10 Apr, 2024

MCX is expected to see significant growth driven by new product launches, continued volatility in key commodity prices, and a rise in retail participation in the options market. Motilal Oswal has upgraded the stock to Buy with a target price of Rs 4,300, while JM Financial recommends a Bull Call Spread Strategy.

MCX Trading Halts for Ramadan Eid - 09 Apr, 2024

Multi Commodity Exchange of India Ltd (MCX) will be closed for the morning session on account of Ramadan Eid and will resume in the evening sessions. Crude oil futures were trading higher during initial trading on Tuesday.

Multi Commodity Exchange of India Ltd Reports Increase in Operating Revenues - 07 Apr, 2024

The Multi Commodity Exchange of India Ltd reported an increase in operating revenues from Rs 165.11 crores to Rs 191.53 crores during Q3FY24, while after-tax profits reduced losses from Rs 19.07 crores to Rs 5.35 crores. JP Morgan Funds holds a 1.32% stake.

MCX Futures Trading Mixed; Institutional Investors Hold Majority Stake - 03 Apr, 2024

MCX crude oil and natural gas futures are trading mixed while kapas contracts are down and jeera futures are up on NCDEX. Institutional investors hold a 72% stake in MCX, which gained ₹11b in market cap last week.

MCX Crude Oil and Natural Gas Futures Rise Slightly - 02 Apr, 2024

During initial trading on April 2, 2024, crude oil futures for April were up by 0.11% at ₹7,005, while May futures rose by 0.19% to ₹6,952. Meanwhile, natural gas futures for April fell by 0.71% to ₹152.80.