Multi Commodity Exchange Of India Ltd. (MCX) Share Price Declines Amid Market Volatility

Multi Commodity Exchange Of India Ltd. Share Price experienced a notable decline today, falling by 3.19% to close at Rs 2,599.35. This decline comes as the company, which holds a market capitalisation of Rs 67,241.35 crore, navigates through a volatile trading session. The stock opened at Rs 2,672 and reached a high of Rs 2,675 before hitting a low of Rs 2,583.25. The total volume traded was 648,005 shares, with a turnover of Rs 22.63 crore. Despite the absence of a specific catalyst, the significant price movement highlights investor sentiment and market dynamics.

Multi Commodity Exchange Of India Ltd. (MCX) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,599.35
Previous Close	Rs 2,685
Today's Change	Rs -85.65 (-3.19%)
Day Open	Rs 2,672
Day High	Rs 2,675
Day Low	Rs 2,583.25
Current Volume (BSE)	87,069
BSE Traded Volume	87,069
NSE Traded Volume	5,60,936
Combined NSE + BSE Volume	6,48,005
Turnover	Rs 22.63 crore
Market Capitalisation	Rs 67,241.35 crore
Market Cap Category	Large Cap

Multi Commodity Exchange Of India Ltd. (MCX) traded at Rs 2,599.35. versus the previous close of Rs 2,685, a fall of 3.19%. The stock opened at Rs 2,672, reached Rs 2,675, touched Rs 2,583.25. Reported volume was 87,069.

Multi Commodity Exchange Of India Ltd. (MCX) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 67,241.35 crore

Sector and Industry Context

Metric	Value
Sector	Finance
Benchmark Scope	same sector
Benchmark Median P/E	21.28x
Benchmark Average P/E	72.97x
Benchmark P/E Range	0x to 1,214.76x
Benchmark Median P/B	0.99x
Benchmark Median ROE	2.02%
Benchmark Median ROCE	3.92%
Company Market Capitalisation	Rs 67,241.35 crore
Benchmark Median Market Cap	Rs 42.18 crore

Multi Commodity Exchange Of India Ltd. (MCX) is classified under sector: Finance.

Track today's top decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.

Operating within the Finance sector, Multi Commodity Exchange Of India Ltd. is part of a broad industry comprising 509 companies. The sector's P/E ratio ranges from a minimum of 0 to a maximum of 1214.76, with a median of 21.28. This wide range reflects diverse business models and financial health across the sector. The sector's P/B ratio median is 0.99, with an average of 1.88, indicating varying levels of asset valuation. The ROE and ROCE medians are 2.02% and 3.92%, respectively, providing benchmarks for assessing company performance. MCX's market capitalisation of Rs 67,241.35 crore places it above the sector's median of Rs 42.18 crore, highlighting its significant market presence.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Gold Rock Investments Ltd.	ZGOLDINV	95,37,184	0.04	0.01	3.63	4.69
Swastik Safe Deposit & Investments Ltd.	EENTER	58,77,600	3.4	0	0.03	0.04
Magnanimous Trade & Finance Ltd.	MAGANTR	53,66,279.52	0.03	0.02	0.03	0.71
Jupiter Industries & Leasing Ltd.	JPTRLES	39,90,000	0	-0.18	0	0
Arco Leasing Ltd.	ZARCOLEA	9,00,262.5	0	-0.09	0	0

Multi Commodity Exchange Of India Ltd. (MCX) has a market capitalisation of Rs 67,241.35 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, Multi Commodity Exchange Of India Ltd. stands out with a substantial market capitalisation of Rs 67,241.35 crore. Among its peers, Monarch Networth Capital Ltd. has a P/E of 17.21 and a market cap of Rs 3,044.25 crore, while Mufin Green Finance Ltd. has a P/E of 92.9 and a market cap of Rs 2,632.58 crore. These comparisons provide context for MCX's valuation and market position within the Finance sector. The company's performance metrics, such as ROE and ROCE, would offer additional insights into its competitive standing.

Why Investors Are Watching MCX

Investors are closely monitoring Multi Commodity Exchange Of India Ltd. due to its recent price decline and market dynamics. Key factors include:

• Significant price fall of 3.19% today.
• Large Cap category with a market cap of Rs 67,241.35 crore.
• Active trading volume and turnover of Rs 22.63 crore.
• Position within the Finance sector with diverse valuation metrics.

Investors should continue to observe market trends, sector performance, and any potential catalysts that may influence MCX's share price in the future.

About MCX

Multi Commodity Exchange Of India Ltd. operates within the Finance sector, providing a platform for trading in various commodity derivatives. As a significant player in the market, MCX facilitates trading in metals, energy, and agricultural commodities. The exchange plays a crucial role in price discovery and risk management for market participants. With a focus on innovation and technology, MCX aims to enhance market efficiency and transparency. Its operations are integral to the financial ecosystem, catering to a diverse range of stakeholders, including traders, investors, and regulatory bodies.

Track MCX Share Price on Univest

Use Multi Commodity Exchange Of India Ltd. (MCX) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners lists and related market analysis.

Investors can track the live share price of Multi Commodity Exchange Of India Ltd. on Univest. The platform provides comprehensive insights into technical indicators, fundamental ratios, shareholding patterns, and market trends. Stay informed about MCX's performance and market developments with Univest's real-time data and analysis tools.

Frequently Asked Questions

What was the MCX Share Price today?

Ans. The MCX Share Price today closed at Rs 2,599.35, reflecting a decline of 3.19% from the previous close of Rs 2,685. The stock moved -3.19% during the session. The intraday range extended from Rs 2,583.25 to Rs 2,675.

How much did MCX Share Price fall today?

Ans. MCX Share Price fell by 3.19% today, closing at Rs 2,599.35, down from the previous close of Rs 2,685. The stock moved -3.19% during the session. The intraday range extended from Rs 2,583.25 to Rs 2,675.

What is the sector benchmark P/E for Finance?

Ans. The sector benchmark P/E for Finance has a median of 21.28 and an average of 72.97, indicating a wide valuation range. The relevant peer median P/E is 21.28x. The peer average P/E is 72.97x.

How does MCX's market cap compare to its peers?

Ans. MCX's market cap of Rs 67,241.35 crore is significantly higher than many of its peers, such as Monarch Networth Capital Ltd. with Rs 3,044.25 crore. The company operates in the Finance sector.

What is the sector benchmark ROE for Finance?

Ans. The sector benchmark ROE for Finance has a median of 2.02%, providing a reference point for evaluating company performance. The relevant peer median ROE is 2.02%. The relevant peer median ROCE is 3.92%.

What is the sector benchmark ROCE for Finance?

Ans. The sector benchmark ROCE for Finance has a median of 3.92%, serving as a performance metric for companies in the sector. The relevant peer median ROE is 2.02%. The relevant peer median ROCE is 3.92%.

What is the P/B ratio range for the Finance sector?

Ans. The P/B ratio for the Finance sector ranges from a minimum of -28.55 to a maximum of 89.71, with a median of 0.99. The relevant peer median P/E is 21.28x.

How does MCX's P/E compare to the sector average?

Ans. 97, indicating diverse valuations. The relevant peer median P/E is 21.28x. The peer average P/E is 72.97x. The stock belongs to the Finance sector. Comparable listed companies include Gold Rock Investments Ltd., Swastik Safe Deposit & Investments Ltd., Magnanimous Trade.