MC

Multi Commodity Exchange of India LtdNSE MCX Stock Report

Last reporting period 31 Mar, 2024

Updated 31 Oct, 2024

Last price

Market cap $B

0.787

Micro

Exchange

XNSE - National Stock Exchange Of India

MCX.NS Stock Analysis

MC

Avoid

Based on Eyestock quantitative analysis, MCX.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

81/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-89.5 %

Greatly overvalued

Market cap $B

0.787

Dividend yield

0.13 %

Shares outstanding

50.998 B

Multi Commodity Exchange of India Ltd. operates as a commodity derivatives exchange company, which engages in facilitating online trading, clearing, and settlement operations of commodity derivatives. The company is headquartered in Mumbai, Maharashtra and currently employs 373 full-time employees. The company went IPO on 2012-03-09. The firm facilitates online trading of commodity futures and options, data feed subscription and membership. The company offers a platform for trading in varied commodity derivative contracts across product segments: bullion, industrial metals, energy, agricultural commodities and indices. Its flagship index series, MCX iCOMDEX, is a series of real-time commodity futures price indices, which give information on market movements in key segments traded on the exchange. The MCX iCOMDEX series consists of a composite index, apart from three sectoral indices, such as the Base Metal index, the Bullion index and the Energy index, and nine single-commodity indices, such as Gold, Silver, Aluminum, Copper and Lead, among others. Its subsidiary, Multi Commodity Exchange Clearing Corporation Ltd, provides collateral management and risk management services, along with clearing and settlement of trades executed on the exchange.

View Section: Eyestock Rating