Multi Commodity Exchange of India Ltd. Share Price Today

Techno Funda Ratings

RS Rating
97
Excellent
EPS Rating
96
Excellent
A/D Rating
C
Moderate

Key Metrics

Current Price

₹3303

Market Cap

₹ 84,422 Cr.

Stock P/E

54.8

ROE

56.3 %

RSI

53.98

Trend

Bullish

Share Price Chart

Technical Commentary

Multi Commodity Exchange of India Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 97 and an EPS Rating of 96. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Strong Technical and Fundamental Buy Setup (High-Velocity Growth). Multi Commodity Exchange of India Ltd is currently exhibiting elite market leading characteristics, characterized by a top-tier Relative Strength (RS) Rating of 97 and a robust institutional EPS Rating of 96. The stock is safely sustaining momentum in a confirmed primary uptrend above its ascending 50 DMA (2887.54). With a balanced, non-overextended RSI of 53.98, the equity possesses ample clear runway for further price discovery. Strong accumulation patterns (A/D Rating: C) verify that institutional desks are actively underwriting positions. This classic growth setup offers an optimal risk-to-reward profile. Fresh entries are highly constructive on minor intra-day consolidations near the daily Pivot Point (PP), targeting an extension toward upside resistance ceilings at R1 and R2.

Company Overview

The MCX) commenced operation in Nov,03 is India’s first listed, national-level, electronic exchange, and India’s leading commodity derivatives exchange which offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. The Exchange operates under SEBI. [1]

Multi Commodity Exchange of India Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Multi Commodity Exchange of India Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Multi Commodity Exchange of India Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price3303
RSI (14)53.98
50 DMA2887.54
200 DMA2624.92
TrendBullish
A/D RatingC
RS Rating97
EPS Rating96
TI651.15
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Multi Commodity Exchange of India Ltd. calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹3476.74
R2₹3422.87
R1₹3362.94
PP₹3309.07
S1₹3249.14
S2₹3195.27
S3₹3135.34

Financial Ratios

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MetricValue
Market Cap₹ 84,422 Cr.
Current Price₹ 3,303
High / Low₹ 3,480 / 1,496
Stock P/E54.8
Book Value₹ 112
Dividend Yield0.24 %
ROCE71.4 %
ROE56.3 %
Face Value₹ 2.00

Quarterly Results

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QuarterSalesProfitOPM
Jun 2023146206%
Sep 2023165-19-18%
Dec 2023192-5-11%
Mar 20241818856%
Jun 202423411157%
Sep 202428615463%
Dec 202430116064%
Mar 202529113555%
Jun 202537320365%
Sep 202537419765%
Dec 202566640174%
Mar 202688953075%
Jun 202670241370%

Shareholding Pattern

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HolderHolding
FIIs 22.34%
DIIs 36.51%
Government 0.00%
Public 40.87%
Others 0.28%
No. of Shareholders1,40,471

Pros and Cons

Pros

  • Healthy return on equity of 56.3% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (2887.54).
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

  • Valuation metrics appear elevated with a trailing P/E of 54.8, demanding high performance requirements.

Related NSE Stocks

Frequently Asked Questions

What is the current technical trend and RSI for Multi Commodity Exchange of India Ltd share?

Based on the latest closing data, the technical momentum for Multi Commodity Exchange of India Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 53.98, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (2887.54) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Multi Commodity Exchange of India Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Multi Commodity Exchange of India Ltd today centers at a Pivot Point (PP) of ₹3309.07. Upside resistance challenges are calculated at R1: ₹3362.94, R2: ₹3422.87, and R3: ₹3476.74. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹3249.14, S2: ₹3195.27, and S3: ₹3135.34.

How does the fundamental ROE and P/E ratio look for Multi Commodity Exchange of India Ltd?

Multi Commodity Exchange of India Ltd is currently trading with a valuation metrics context of a Stock P/E of 54.8, against a core structural efficiency Return on Equity (ROE) standing at 56.3 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 96, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Multi Commodity Exchange of India Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Strong Technical and Fundamental Buy Setup (High-Velocity Growth). Multi Commodi... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 97, and long-term trend backing from the TI65 indicator (Bullish pattern).

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