Multi Commodity Exchange of India Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Kunal Singla
- Category: Market
CMP Rs 3,319.00 (9 Oct 2026). 52W range Rs 1,635.70 to Rs 3,481.40. PE 53.84. 2027 base Rs 3,983, bull Rs 4,149.
Quick Answer
The Multi Commodity Exchange of India share price forecast for 2027 centres on a conservative case of Rs 3,817, a base case of Rs 3,983 and a bull case of Rs 4,149, against a current price of Rs 3,319.00. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.0% upside from today’s price. The daily technical setup reads mildly bullish.
Multi Commodity Exchange of India share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 3,319.00 on NSE as of 9 October 2026, 4.7% below its 52-week high of Rs 3,481.40, after the company reported net profit of Rs 1,331.55 crore for FY26.
This Multi Commodity Exchange of India stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Multi Commodity Exchange of India Share Price Today and Key Data
The Multi Commodity Exchange of India share price today is Rs 3,319.00 on NSE, up 1.95% on the day. The market capitalisation stands at Rs 83,000 crore. Over the past year the price has risen 90.6% from Rs 1,741.20. Every Multi Commodity Exchange of India stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Multi Commodity Exchange of India (MCX) |
| Current Price | Rs 3,319.00 |
| 52-Week High | Rs 3,481.40 (25 September 2026) |
| 52-Week Low | Rs 1,635.70 (9 October 2025) |
| Market Cap | Rs 83,000 crore |
| PE Ratio | 53.84 |
| Industry PE | 42.30 |
| PB Ratio | 29.14 |
| EPS (TTM) | Rs 60.46 |
| Return on Equity | 46.75% |
| Debt to Equity | 0.00 |
| Dividend Yield | 0.25% |
| Book Value per Share | Rs 111.69 |
What Is the Multi Commodity Exchange of India Share Price Prediction for 2027?
The Multi Commodity Exchange of India share price prediction for 2027 is a conservative case of Rs 3,817, a base case of Rs 3,983 and a bull case of Rs 4,149. Against Rs 3,319.00, these imply 15.0% upside, 20.0% upside and 25.0% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (137.8%) and 4-year CAGR (16.7%) (capped at 15%) | Rs 69.53 (+15.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 3,817 | +15.0% |
| Base Case | Average of the two (capped at 20%) | Rs 72.55 (+20.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 3,983 | +20.0% |
| Bull Case | Higher of the two (capped at 25%) | Rs 75.58 (+25.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 4,149 | +25.0% |
Each target takes today’s price of Rs 3,319.00 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Multi Commodity Exchange of India target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Multi Commodity Exchange of India Share Price Forecast: What Has to Go Right by 2027
Each Multi Commodity Exchange of India target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Multi Commodity Exchange of India Share Price Target: Rs 3,817
Reaching Rs 3,817 needs EPS to rise 15.0% to Rs 69.53 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 16.7%.
Base Case for the Multi Commodity Exchange of India Share Price Target: Rs 3,983
Reaching Rs 3,983 needs EPS to rise 20.0% to Rs 72.55, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 103.5% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Multi Commodity Exchange of India Share Price Target: Rs 4,149
Reaching Rs 4,149 needs EPS to rise 25.0% to Rs 75.58 with the PE multiple held at today’s level. That is above the 52-week high of Rs 3,481.40, so it would need a fresh breakout. A daily close above the nearest resistance level of Rs 3,481.40 (52-week high) would be the first technical confirmation.
Multi Commodity Exchange of India Financial Performance: Revenue, Profit and Margins
Multi Commodity Exchange of India earned net profit of Rs 1,331.55 crore on revenue of Rs 2,429.05 crore in FY26, with profit up 137.8% and revenue up 100.9% compared with FY25. Diluted EPS was Rs 52.22 against Rs 21.96 a year earlier, and that earnings base anchors the Multi Commodity Exchange of India share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 433.31 | 143.45 | 28.18 | 62.03% | 33.11% |
| FY23 | 581.17 | 148.97 | 29.27 | 41.36% | 25.63% |
| FY24 | 758.94 | 83.11 | 16.30 | 20.22% | 10.95% |
| FY25 | 1,208.86 | 560.04 | 21.96 | 68.63% | 46.33% |
| FY26 | 2,429.05 | 1,331.55 | 52.22 | 76.83% | 54.82% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 751.79 crore against Rs 405.82 crore a year earlier (+85.3%), and the bottom line was a net profit of Rs 413.44 crore against a net profit of Rs 203.19 crore (+103.5%). Operating margin was 77.49% versus 73.36% in the year-ago quarter. Cash flow from operations was Rs 3,034.72 crore in FY26 against Rs 950.13 crore in FY25. Together these figures set the earnings base for the Multi Commodity Exchange of India share price prediction.
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Is Multi Commodity Exchange of India Overvalued or Undervalued Right Now?
Multi Commodity Exchange of India trades at a PE of 53.84 against an industry PE of 42.30, which places the stock at a 27.3% premium to the industry average. The price-to-book ratio is 29.14 on a book value of Rs 111.69 per share. Return on equity of 46.75% means the company earns Rs 46.75 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.00, so borrowings equal about 0% of shareholder equity. The company declared a dividend of Rs 8.00 per share for FY26, a yield of 0.25% at the current price. This valuation context frames the Multi Commodity Exchange of India stock price prediction for 2027 without relying on any outside forecast.
Multi Commodity Exchange of India Stock Analysis: Technical Outlook
Multi Commodity Exchange of India stock trades above its 50-day SMA of Rs 3,136.15 and above its 200-day EMA of Rs 2,755.81, and the combined daily indicators read mildly bullish. The 52-week high of Rs 3,481.40 was set on 25 September 2026, while the 52-week low of Rs 1,635.70 came on 9 October 2025.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 53.13 | Neutral |
| MACD (12,26,9) | 32.30 vs signal 40.74 | Bearish |
| ADX (14) | 10.61 | Weak trend |
| Supertrend (10,3) | Price above Rs 3,066.44 | Bullish |
| 50-day SMA | Rs 3,136.15 | Price above |
| 200-day EMA | Rs 2,755.81 | Price above |
The nearest support level sits at Rs 3,136.15 (50-day SMA) and Rs 3,066.44 (Supertrend). The nearest resistance level sits at Rs 3,481.40 (52-week high). A sustained move above the nearest resistance would support the Multi Commodity Exchange of India share price prediction 2027 base case, and this Multi Commodity Exchange of India stock analysis uses daily candles only. Chart signals add context to the Multi Commodity Exchange of India share price target without changing the earnings maths.
Multi Commodity Exchange of India Shareholding Pattern
Promoters hold 0.00% of Multi Commodity Exchange of India as of Jun 2026, unchanged across the last 5 quarters. FII holding is 29.84% (up from 21.69% in Jun 2025) and DII holding is 50.81% (down from 59.09% in Jun 2025), which puts combined institutional holding at 80.65%. Public shareholders own 19.34%. Shareholding data is one input for any Multi Commodity Exchange of India stock forecast. Ownership is a useful cross-check on any Multi Commodity Exchange of India share price prediction.
Key Risks to the Multi Commodity Exchange of India Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 20.22% to 76.83% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Multi Commodity Exchange of India stock forecast. Revenue was up 100.9% in FY26, and slower revenue growth would weigh on the profit path.
Valuation Risk
The PE of 53.84 is 27.3% above the industry PE of 42.30. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.
Size and Liquidity Risk
Market capitalisation stands at Rs 83,000 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Multi Commodity Exchange of India stock price target.
Balance Sheet Risk
Debt to equity of 0.00 means borrowings stand at about 0% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Multi Commodity Exchange of India share price forecast.
Conclusion
This Multi Commodity Exchange of India stock analysis puts the share price target range for 2027 at Rs 3,817 to Rs 4,149, with a base case of Rs 3,983 against Rs 3,319.00 today. The inputs are a PE of 53.84 that sits at a 27.3% premium to the industry average, EPS growth of 137.8% in FY26 and a daily technical setup that reads mildly bullish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Multi Commodity Exchange of India Share Price Prediction 2027
What is the Multi Commodity Exchange of India share price target for 2027?
Ans. The Multi Commodity Exchange of India share price forecast for 2027 has a conservative case of Rs 3,817, a base case of Rs 3,983 and a bull case of Rs 4,149. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Multi Commodity Exchange of India share price today?
Ans. Multi Commodity Exchange of India trades at Rs 3,319.00 on NSE as of 9 October 2026, up 1.95% on the day. The 52-week range is Rs 1,635.70 to Rs 3,481.40.
Is Multi Commodity Exchange of India a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 53.84 is at a 27.3% premium to the industry average, EPS grew 137.8% in FY26 and the daily technical setup reads mildly bullish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Multi Commodity Exchange of India stock reach Rs 4,149 in 2027?
Ans. Reaching Rs 4,149 needs EPS to rise 25.0% from Rs 60.46 with the PE multiple held at today’s level, plus a daily close above Rs 3,481.40 (52-week high). This is a scenario, not a guarantee.
What are the support and resistance levels for Multi Commodity Exchange of India?
Ans. The nearest support levels are Rs 3,136.15 (50-day SMA) and Rs 3,066.44 (Supertrend), and the nearest resistance levels are Rs 3,481.40 (52-week high).
What are the main risks for Multi Commodity Exchange of India stock in 2027?
Ans. The main risks to the Multi Commodity Exchange of India share price forecast are a fall in operating margin from the 20.22% to 76.83% range seen since FY22, slower revenue growth after FY26 revenue was up 100.9%, and thin trading volumes. Debt to equity of 0.00 adds balance sheet sensitivity.
How is the Multi Commodity Exchange of India target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company’s reported FY26 and 4-year EPS growth.
