MCX Achieves 52-Week High Amid Strong Growth and Institutional Confidence
Multi Commodity Exchange of India (MCX) has reached a new 52-week high, reflecting strong performance with significant annual growth in net sales and operating profit. Institutional investors hold a substantial stake, indicating confidence in the company's prospects, as MCX consistently outperforms broader market indices.
Multi Commodity Exchange of India (MCX) has made headlines today as its stock price reached a new 52-week high of Rs. 8809.65, marking a significant milestone for the company. This achievement comes on the heels of a strong performance, with the stock outperforming its sector by 0.42% and gaining 6.87% over the last two days.The company's robust fundamentals are underscored by a remarkable annual growth rate in net sales of 23.18% and an operating profit increase of 21.31%. Over the past year, MCX has delivered an impressive return of 131.86%, significantly outpacing the Sensex, which has grown by just 6.19% during the same period.
Institutional investors hold a substantial 79.91% stake in MCX, reflecting confidence in the company's long-term prospects. The stock's performance is further supported by its consistent returns over the last three years, as it has outperformed the BSE 500 in each of those years.
As the market continues to show bullish trends, MCX's strong fundamentals and positive quarterly results position it favorably within the capital markets industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
