From NDTV
Center-Right Owned by Adani Group (AMG Media)MCX Share Price Slips Over 6% Despite Strong Q2 Results. Should You Buy, Sell Or Hold?
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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right · 2 outlets
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
The Multi Commodity Exchange of India (MCX) on Tuesday reported a 130% year-on-year (YoY) jump in its consolidated net profit to Rs 454.57 crore in the second quarter of FY27.
