Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Financial Data & Stock Exchanges

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, industrial metals, energy, and agricultural commodities. The company also provides trade clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, and consultancy and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.

Revenue projections:

Revenue projections for MCX
Revenue projections for MCX

Investors may react cautiously to news that MCX's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 43.825905
debtToEquity 0.059000
earningsGrowth 0.000000
revenueGrowth 0.550000
grossMargins 0.979100
operatingMargins 0.621220
trailingEps 100.530000
forwardEps 50.950000

Positive gross and operating margins for MCX highlight the company's profitability. These metrics reflect MCX's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health.
MCX's lower forward EPS compared to trailing EPS suggests the company's earnings are expected to decline. This indicates that MCX may be less profitable in the upcoming year, raising questions about its financial trajectory.

Price projections:

Price projections for MCX
Price projections for MCX



Insider Transactions:

Insider Transactions for MCX
Insider Transactions for MCX


There were 3 transactions selling Multi Commodity Exchange of India Limited stock, with prevailing market price of 3869.7500813802085.There were no sell transactions during the given timeframe.MCX's current price levels are seeing more buying activity than selling, which might indicate a bullish sentiment. Investors appear to be confident, interpreting the buying trend as a sign of positive expectations for the stock's future performance.

Recommendation changes over time:

Recommendations trend for MCX
Recommendations trend for MCX


Analysts' recent buy bias toward MCX suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see MCX as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.