Multi Commodity Exchange of India Ltd.
Share Price Target & Analysis

NSE:MCX

3918.42

VWAP

3895.00

Open

3863.55

Close

3963.80

High

3872.00

Low

4270.00

52 Week High

3900.45
36.90 (0.96%)

MCX

(Miscellaneous)
87.6% Momentum

Trending & Favourite

1285.05

52 Week Low

10.19

EPS

64.96

PE

12.83

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: MCX Share Price Financial Analysis & Valuation

Multi Commodity Exchange of India Ltd. (MCX) is broadly categorized in Miscellaneous segment industry which deals in Miscellaneous vertical. It is one of Mid Cap company with Market Capitalization of Rs 7925.8 (in Cr). Total number of free float shares are 5.1 (in Lacs). Multi Commodity Exchange of India Ltd. is listed on NSE with Exchange ID - INE745G01035 and trading code is NSE:MCX with short name MCX India.

Multi Commodity Exchange of India Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. MCX is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Multi Commodity Exchange of India Ltd. has declared an equity dividend of Rs 19.09 per share. At the current share price of MCX at Rs 3900.45, this results in a dividend yield of 0.49 %.

As per the Fundamental Analysis of NSE:MCX, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MCX underlying value and future prospects. All of this data is available in MCX financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MCX, it is clearly understood that MCX is Economical performer in terms of earnings and profit margins with an EPS of 10.19. NSE:MCX book value per share as of today is 303.97. The current price to book ratio for MCX as of May 16, 2024 is 12.83.

Valuation of the Stock: The current valuation of MCX stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MCX whether to BUY this stock at current valuation. The delivery percentage of MCX is 41.90% is very crucial parameter which shows that 41.90% investors are anticipating that the price of MCX share should go up with VWAP at 3918.42.

Now, the main question is whether to BUY or SELL, NSE:MCX at current valuation.
As per latest Analysis No. #561:-

STRONG BUY MCX if All Greens

BUY MCX (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD MCX (With Stop Loss) if only 1 Green

SELL MCX if NO Green Indicator

NSE: MCX Share Price Today (May 16, 2024)

(Multi Commodity Exchange of India Ltd. Daily Analysis on the basis of MCX Intraday Graph & Trend)

Multi Commodity Exchange of India Ltd. share price moved Up by 0.96% from its previous close of Rs 3863.55. MCX stock last traded price is 3900.45. MCX share price trend is Up with a total of 373350 stocks traded till now. It has touched an intraday high of Rs 3963.80 and an intraday low of Rs 3872.00. The MCX trading at 3900.45, Up by Rs. 36.90, or 0.96 percent which suggests that most of the Traders are anticipating that the price of MCX share should go Up.

NSE: MCX Share Price Tomorrow Prediction

(Multi Commodity Exchange of India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MCX)

Multi Commodity Exchange of India Ltd. share price moved Up by 0.96%. MCX share price short term trend is Up. It suggests that MCX Share Price for Tomorrow remains the same with VWAP at 3918.42 will be treated as stop loss for intraday traders. Multi Commodity Exchange of India Ltd. Long term investors can follow the MCX long term trend as mentiond in future forecast table.

NSE Code

NSE: MCX

MCX Share Price Today

3900.45

MCX Share Price Target Prediction for 2024 ^

2678 - 4291.1

MCX Share Price Target Prediction for 2025*^

4291.1 - 4571.5

MCX Share Price Target Prediction for 2026*^

4571.5 - 4891.5

MCX Share Price Target Prediction for 2027*^

5136

MCX Share Price Target Prediction for 2028*^

5283

MCX Share Price Target Prediction for 2030*^

5758
MCX Current Book Value 2023
302.5

*Multi Commodity Exchange of India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^MCX share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MCX Technical Analysis

Candlestick Pattern: @3900.45

MCX Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 3838.35 BUY 3876.61 BUY
MA_12 3960.74 SELL 3899.07 BUY
MA_20 3942.14 SELL 3878.77 BUY
MA_32 3790.96 BUY 3811.62 BUY
MA_50 3684.82 BUY 3735.15 BUY
MA_100 3570.74 BUY 3540.3 BUY
MA_200 2863.53 BUY 3018.22 BUY

MCX Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 3942.14 Downtrend
MACD -34.05 SELL
ADX 20.83 NO or Weak Trend
DMI (+/-) 22.58 / 28.35 Downtrend

MCX Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 52.87 Neutral
STOCHASTIC_K (Fast) 75.66 Neutral
STOCHASTIC_D (Slow) 57.06 Neutral
CCI -36.57 Neutral
PSAR 4150.09 SELL
TRUE RANGE 100.25 Neutral
ATR 148.35 Neutral
WILLIAMS R -62.98 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 78.67 Neutral
MOMENTUM 82.2 BUY

MCX Last 1 Year Trend

Duration Value
1 Year 184.39%
3 Months 2.54%
1 Month 2.15%
1 Week -0.09%

MCX Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 47%
NEUTRAL / HOLD 33%
SELL 20%

Most popular Questions & Answers about MCX


Multi Commodity Exchange of India Ltd. stock last traded price is 3900.45. MCX share price moved Up by 0.96% from its previous close of Rs 3863.55.

Multi Commodity Exchange of India Ltd. share price trend is Up with a total of 373350 stocks traded till now. It has touched an intraday high of Rs 4312.7 and an intraday low of Rs 3872.00. The MCX trading at 3900.45, Up by Rs. 36.90, or 0.96 percent which suggests that most of the Traders are anticipating that the price of MCX share should go Up and the Stop Loss will be around 3918.42.

The market cap of Multi Commodity Exchange of India Ltd. is ₹7925.8 (in Cr) as of May 15, 2024.

The current price to earning ratio for Multi Commodity Exchange of India Ltd. as of May 15, 2024 is 64.96.

The current price to book ratio for Multi Commodity Exchange of India Ltd. as of May 15, 2024 is 12.83.

The highest price of Multi Commodity Exchange of India Ltd. stock is ₹4270.00 in the last 52-week.

The lowest price of Multi Commodity Exchange of India Ltd. stock is ₹1285.05 in the last 52-week.

Multi Commodity Exchange of India Ltd. share trading at ₹3900.45, Up by Rs. 36.90, or 0.96 percent which suggests that most of the traders are anticipating that the price of MCX share should go Up.

In 2023, Stock price target for Multi Commodity Exchange of India Ltd. (MCX) are ₹2678 on downside and ₹4291.1 on upside. Multi Commodity Exchange of India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Multi Commodity Exchange of India Ltd. (MCX) are ₹4291.1 on downside and ₹4571.5 on upside. Multi Commodity Exchange of India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Multi Commodity Exchange of India Ltd. (MCX) are ₹4571.5 on downside and ₹4891.5 on upside. Multi Commodity Exchange of India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Multi Commodity Exchange of India Ltd. (MCX) will be around ₹5283 Multi Commodity Exchange of India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MCX.

As per the fundamental analysis of Multi Commodity Exchange of India Ltd. (MCX), it is of Economical quality in terms of earnings and profit margins with an EPS of 10.19. Multi Commodity Exchange of India Ltd. book value per share as of today is 303.97. The current price to book ratio for MCX as of May 16, 2024 is 12.83.


NSE:MCX News & Other Useful Information about MCX Share Price


Peer Comparison of NSE: MCX

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Miscellaneous

Company Price EPS BV
GATEWAY 106.60 5.2 34.87
TITAN 3268.55 39.91 162.84
STYLAMIND 1629.40 69.4 243.33
NYKAA 169.75 0.16 5.78
IRCTC 1027.35 13.82 30.98
NAUKRI 5941.60 61.91 832.05
INTLCONV 87.70 10.03 36.24
MALLCOM 1004.30 53.91 308.66
JUBLFOOD 468.05 3.88 32.51
NRL 73.30 1.57 11.18
Updated at: 15 May 2024 15:40

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