MCX CMP 7590. ENTRY PRICE 7514. TARGET 7900, SL 7360.

MCX CMP 7590. ENTRY PRICE 7514. TARGET 7900, SL 7360.

SEBI has granted MCX the historic nod to launch electricity derivatives, making it India’s first exchange to secure this approval. This move enables MCX to offer price discovery and risk management tools to generators, distributors, and large power consumers—unlocking new revenue channels and expanding its product suite.

The stock has given a breakout above its previous high of Rs.7049. The stock recently made a high of Rs.8008 and retraced 61.8% at Rs.7454. Hence, recommended to buy at Rs.7512 with a SL below Rs.7372, setting a target price of Rs.7900.

The exchange recorded a 54% YoY jump in Q4 net profit to ₹135 crore, while revenue climbed 61% to ₹291 crore. For FY 2025, MCX posted an impressive 574% YoY surge in net profit (₹560 crore) and 59% increase in total income—showcasing resilient operating leverage and financial resilience. Also, The Q4 board has recommended a ₹30 per share dividend for FY 2025, rewarding shareholders amid strong earnings.

Company Profile :

MCX is India’s leading commodity derivatives exchange, renowned for its diverse product set, robust infrastructure, global partnerships, and dominant market share. Debt-free with strong cash flows and steady innovation, MCX stands poised to further cement its leadership—especially with new offerings like electricity futures.

  Commodity Derivatives Exchange – India’s largest in futures/options contracts, ranking among world’s top six by contract volume.

Holds an estimated 80–97% share of India's commodity derivatives trading volume.

  Traded Commodities: Bullion (gold, silver), base metals, energy (crude, natural gas), and agri-commodities (oilseeds, spices, cotton, etc.) .

  Pioneering Products: First in India to introduce commodity options, indexes like MCX iCOMDEX, and futures on composite & sector indices.

Partnerships with leading global exchanges—CME Group, LME, DCE, TAIFEX, ZCE, JFX, EEX, among others.

Collaborated with Chittagong Stock Exchange to support Bangladesh’s first commodity exchange.

Primary Revenue Streams: Transaction fees (≈77%), data subscriptions, membership/access charges, interest, investment gains.