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MCX Stock Chart & Stats
₹2729.60
₹26.00(0.95%)
At close: 4:00 PM EDT
₹2729.60
₹26.00(0.95%)
Day’s Range― - ―
52-Week Range₹1,461.00 - ₹3,479.80
Previous CloseN/A
Volume732.43K
Average Volume (3M)32.88K
Market Cap
₹692.65B
Enterprise Value₹373.87K
Total Cash (Recent Filing)₹39.17B
Total Debt (Recent Filing)₹47.60M
Price to Earnings (P/E)51.9
Beta1.40
Next Earnings
Oct 19, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.28%
Share Statistics
EPS (TTM)52.27
Shares Outstanding254,991,840
10 Day Avg. Volume50,879
30 Day Avg. Volume32,881
Financial Highlights & Ratios
PEG Ratio0.33
Price to Book (P/B)21.39
Price to Sales (P/S)25.08
P/FCF Ratio18.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹3,600.00Price Target Upside31.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)67.21
Revenue Forecast (FY)₹29.43B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetDebt near zero and a growing equity base give MCX durable financial flexibility. Low leverage reduces bankruptcy risk, supports sustained investment in technology and clearing, and preserves capacity for shareholder returns or opportunistic M&A during market stress.
Strong Recent Revenue And MarginsSharp top-line growth and very high margins indicate powerful operating leverage in MCX’s exchange model. High profitability combined with improving capital efficiency supports persistent cash generation and reinvestment in market infrastructure over the medium term.
Robust Cash GenerationNear-parity of free cash flow to net income and outsized operating cash flow provide a strong, durable source of liquidity. Reliable cash conversion enables funding of technology, clearing safeguards, and potential shareholder returns without needing external debt.
Bears Say
Earnings Volatility HistoryMCX’s profitability has varied across cycles, indicating sensitivity to trading volumes and product mix. Historic swings reduce predictability of future earnings and make planning for stable dividends or capex more challenging over a 2–6 month horizon.
Uneven Historical Cash FlowPast episodes of negative operating cash flow reflect working-capital or timing risks that can temporarily impair liquidity. Such variability can constrain consistent reinvestment or distributions if similar timing swings recur.
Revenue Dependent On Market Activity And RegulationMCX’s fee-driven model is structurally tied to trading volumes and subject to rule changes or fee regulation. Competitive pressures or adverse regulatory shifts can durably compress volumes or fees, making top-line and margin durability contingent on external market structure.
MCX FAQ
What was Multi Commodity Exchange of India Limited’s price range in the past 12 months?
Multi Commodity Exchange of India Limited lowest stock price was ₹1461.00 and its highest was ₹3479.80 in the past 12 months.
What is Multi Commodity Exchange of India Limited’s market cap?
Multi Commodity Exchange of India Limited’s market cap is ₹692.65B.
When is Multi Commodity Exchange of India Limited’s upcoming earnings report date?
Multi Commodity Exchange of India Limited’s upcoming earnings report date is Oct 19, 2026 which is in 80 days.
How were Multi Commodity Exchange of India Limited’s earnings last quarter?
Currently, no data Available
Is Multi Commodity Exchange of India Limited overvalued?
According to Wall Street analysts Multi Commodity Exchange of India Limited’s price is currently Undervalued.
Does Multi Commodity Exchange of India Limited pay dividends?
Multi Commodity Exchange of India Limited pays a Annually dividend of ₹6 which represents an annual dividend yield of 0.28%. See more information on Multi Commodity Exchange of India Limited dividends here
What is Multi Commodity Exchange of India Limited’s EPS estimate?
Multi Commodity Exchange of India Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Multi Commodity Exchange of India Limited have?
Multi Commodity Exchange of India Limited has 254,991,840 shares outstanding.
What happened to Multi Commodity Exchange of India Limited’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Multi Commodity Exchange of India Limited?
Currently, no hedge funds are holding shares in IN:MCX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Multi Commodity Exchange of India Limited
Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. The company also provides clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, consultancy, and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.
MCX Stock 12 Month Forecast
Average Price Target
₹3,600.00
▲(31.89% Upside)
Technical Analysis
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