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

NSE:MCX

4043.11

VWAP

4020.00

Open

3924.35

Close

4065.00

High

4010.90

Low

4270.00

52 Week High

4057.00
32.30 (0.80%)

MCX

(Miscellaneous)
92.9% Momentum

Trending & Favourite

1285.05

52 Week Low

10.19

EPS

62.58

PE

13.35

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 4057.00, this results in a dividend yield of 0.47 %.

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 18, 2024 is 13.35.

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 4043.11.

Now, the main question is whether to BUY or SELL, NSE:MCX at current valuation.
As per latest Analysis No. #565:-

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 18, 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 0.80% from its previous close of Rs 3924.35. MCX stock last traded price is 4057.00. MCX share price trend is Up with a total of 13640 stocks traded till now. It has touched an intraday high of Rs 4065.00 and an intraday low of Rs 4010.90. The MCX trading at 4057.00, Up by Rs. 32.30, or 0.80 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 0.80%. MCX share price short term trend is Up. It suggests that MCX Share Price for Tomorrow remains the same with VWAP at 4043.11 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

4057.00

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 (7) SELL (3)
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 SELL
ATR 148.35 SELL
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 27%
SELL 27%

Most popular Questions & Answers about MCX


Multi Commodity Exchange of India Ltd. stock last traded price is 4057.00. MCX share price moved Up by 0.80% from its previous close of Rs 3924.35.

Multi Commodity Exchange of India Ltd. share price trend is Up with a total of 13640 stocks traded till now. It has touched an intraday high of Rs 4312.7 and an intraday low of Rs 4010.90. The MCX trading at 4057.00, Up by Rs. 32.30, or 0.80 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 4043.11.

The market cap of Multi Commodity Exchange of India Ltd. is ₹7925.8 (in Cr) as of May 17, 2024.

The current price to earning ratio for Multi Commodity Exchange of India Ltd. as of May 17, 2024 is 62.58.

The current price to book ratio for Multi Commodity Exchange of India Ltd. as of May 17, 2024 is 13.35.

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 ₹4057.00, Up by Rs. 32.30, or 0.80 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 18, 2024 is 13.35.


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 108.80 5.2 34.87
TITAN 3361.15 39.91 162.84
STYLAMIND 1592.45 69.4 243.33
NYKAA 177.70 0.16 5.78
IRCTC 1093.70 13.82 30.98
NAUKRI 6222.00 61.91 832.05
INTLCONV 89.45 10.03 36.24
MALLCOM 1019.90 53.91 308.66
JUBLFOOD 470.70 3.88 32.51
NRL 79.25 1.57 11.18
Updated at: 17 May 2024 15:57

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