From India TV
Right Owned by Independent News ServiceMCX share price falls nearly 7% even as Q2 profit more than doubles to Rs 455 crore, revenue jumps 114%
What's behind this
Shares of Multi Commodity Exchange of India fell nearly 7% on Wednesday as Sensex and Nifty opened lower amid mixed global cues. The decline came despite the exchange reporting a more than two‑fold rise in consolidated net profit to Rs 455 crore and revenue jumping 114%. The profit surge was linked to a sharp increase in income and trading activity, with futures and options turnover rising in the September quarter, and the stock experienced profit booking.
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Shares of Multi Commodity Exchange of India (MCX) fell nearly 7 per cent on Wednesday as market benchmark indices Sensex and Nifty opened lower amid mixed global cues. The stock witnessed profit booking despite the exchange reporting a more than two-fold jump in consolidated net profit for the…
— India TV
RSS excerpt
Shares of Multi Commodity Exchange of India (MCX) fell nearly 7 per cent on Wednesday as market benchmark indices Sensex and Nifty opened lower amid mixed global cues. The stock witnessed profit booking despite the exchange reporting a more than two-fold jump in consolidated net profit for the…
