Multi Commodity Exchange of India Ltd Share Price – NSE /  BSE

Financial Services, Small Cap

Multi Commodity Exchange of India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 6202.05, down 3.17% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 24006.9. The Sensex is at 79032, down 0.58%.Multi Commodity Exchange of India Ltd has lost around 4.65% in last one month.Meanwhile, Nifty Financial Services index of which Multi Commodity Exchange of India Ltd is a constituent, has eased around 0.89% in last one month and is currently quoting at 23959.95, down 1.31% on the day. The volume in the stock stood at 2.07 lakh shares today, compared to the daily average of 5.3 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 6230.15, down 2.77% on the day. Multi Commodity Exchange of India Ltd jumped 123.52% in last one year as compared to a 23.47% rally in NIFTY and a 21% spurt in the Nifty Financial Services index.

The PE of the stock is 144.67 based on TTM earnings ending September 24.

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Ms. Praveena Rai has assumed the role of MD & CEO of Multi Commodity Exchange of India on 31 October 2024.

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The domestic equity indices traded in positive terrain with significant gains on Muhrat Trading Day. The Nifty above the 24,300 level. At 18:45 IST, the barometer index, the S&P BSE Sensex, advanced 322.39 points or 0.41% to 79,711.45. The Nifty 50 index added 97.95 points or 0.40% to 24,303.30.

In the broader market, the S&P BSE Mid-Cap index rose 0.74% and the S&P BSE Small-Cap index jumped 1.27%.

The market breadth was strong. On the BSE, 3,060 shares rose and 451 shares fell. A total of 88 shares were unchanged.

Buzzing index:

The Auto index jumped 1.25% to 23,807.90. the index declined 0.34% in the past trading session.

Mahindra & Mahindra (up 3.06%), Tata Motors (up 1.21%), Eicher Motors (up 1.21%), Samvardhana Motherson International (up 0.92%), Balkrishna Industries (up 0.72%), MRF (up 0.69%), TVS Motor Company (up 0.66%), Hero MotoCorp (up 0.64%), Exide Industries (up 0.64%) and Bajaj Auto (up 0.55%) advanced.

Stocks in Spotlight:

Multi Commodity Exchange of India (MCX) rose 0.24%. The company announced the appointment of Praveena Rai as the MD & CEO of the company for a period of 5 years, with effect from her joining the office.

Narayana Hrudayalaya declined 1.74%. The company’s consolidated total operating revenue was Rs 1400 crore for Q2 FY25 as compared to Rs 1305.2 crore in the corresponding period of the previous year, reflecting a growth of +7.3 % YoY and +4.4% QoQ. PAT stood at Rs 198.8 crore, reflecting a margin of 14.2% as compared to Rs 226.7 crore in Q2 FY24, translating into a change of -12.3% YoY and -1.3% QoQ.

Tata Investment Corporation added 0.17%. The company’s consolidated net profit was almost flat Rs 123.69 crore in Q2 FY25 as against Rs 124.44 crore in Q2 FY24. Total revenue from operations rose 15.03% YoY to Rs 142.48 crore in Q2 FY25.

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Net profit of Multi Commodity Exchange of India reported to Rs 153.62 crore in the quarter ended September 2024 as against net loss of Rs 19.07 crore during the previous quarter ended September 2023. Sales rose 72.96% to Rs 285.58 crore in the quarter ended September 2024 as against Rs 165.11 crore during the previous quarter ended September 2023.

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