Multi Commodity Exchange of India Ltd

The stock touched a fresh lifetime high of Rs 10,250 intraday. MCX has gained 5.82% over the past three sessions, rising 13.46% in one month and 33.05% in three months. The stock has delivered a spectacular run in 2025, soaring 132.15% in just eight months from its 52-week low of Rs 4,408 hit on 11 March. The rally has been amplified by a surge in precious metals and other commodities traded on the platform, driving heightened investor interest. Adding to the momentum, a domestic brokerage recently initiated coverage with a target price of Rs 12,500, implying nearly 22.08% upside from current levels. A foreign brokerage has also lifted its target price to Rs 12,000 from Rs 10,000 while retaining its 'Buy' rating. MCX is India's largest commodity derivatives exchange with around 98% market share in commodity futures. It offers trading in a diverse range of commodities, spanning multiple segments including bullion, energy, metals and agri commodities, as well as sectoral commodity indices. It reported 29% rise in consolidated net profit to Rs 197.47 crore on a 31% increase in revenue to Rs 374.23 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Net profit of Multi Commodity Exchange of India rose 28.54% to Rs 197.47 crore in the quarter ended September 2025 as against Rs 153.62 crore during the previous quarter ended September 2024. Sales rose 31.04% to Rs 374.23 crore in the quarter ended September 2025 as against Rs 285.58 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales374.23285.58 31 OPM %64.7062.83 - PBDT268.63205.02 31 PBT248.88190.99 30 NP197.47153.62 29 Powered by Capital Market - Live

EBITDA for the period under review was Rs 270.19 crore, up 32% YoY. Profit before tax in Q2 FY26 stood at Rs 248.88 crore, up by 30% from Rs 190.99 crore recorded in Q2 FY25. Bullion segment has increased its share in ADT from 44% to 57%, supported by launch of new variants viz. gold mini, gold ten futures. Following the positive response received on the monthly gold options contracts, MCX also launched in coordination with the industry, the silver (30 kg) and silver mini (5 kg) monthly expiry contracts. Average daily turnover (ADT) of futures and options increased by 87% YoY at Rs 411,270 crore. MCX launched Cardamom Futures Contract (effective from July 2025) with expiry in August, September, October, and November 2025. MCX launched new Nickel Futures contract (effective August 2025) with trading unit and the delivery unit of 250 kgs and 1500 kgs respectively, effective from the September 2025 expiry contract onwards. MCX launched monthly Options contracts on the MCX iCOMDEX Bullion Index - MCX BULLDEX, covering both Gold and Silver effective October 2025. Praveena Rai, Managing Director & CEO, MCX said, 'It gives me great pleasure to share our results of resilient performance. Our continued growth across product segments and strong participation reflect the confidence that market participants have in MCX's transparent market ecosystem.' Powered by Capital Market - Live

Net profit of Multi Commodity Exchange of India rose 41.53% to Rs 156.43 crore in the quarter ended September 2025 as against Rs 110.53 crore during the previous quarter ended September 2024. Sales rose 37.05% to Rs 351.61 crore in the quarter ended September 2025 as against Rs 256.56 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales351.61256.56 37 OPM %56.5353.48 - PBDT226.10161.47 40 PBT207.81147.90 41 NP156.43110.53 42 Powered by Capital Market - Live

Due to a technical issue at the Exchange, the commencement of trading on Tuesday, 28 October 2025, was delayed. Operations were shifted to the Disaster Recovery (DR) site, and trading started at 1.25pm. All trading systems are now functioning normally. The Exchange said,An investigation into the issue has been initiated on priority. We are committed to identifying the cause and implementing necessary corrective measures. Updates on our findings and actions taken will be shared in due course. We sincerely regret the inconvenience caused to market participants and appreciate their patience and understanding.Powered by Capital Market - Live

The new product, based on the MCX iCOMDEX Bullion Index, combines gold and silver futures, offering traders and investors a diversified and cost-effective exposure to the bullion segment. According to MCX, the launch will empower market participants with a versatile risk management tool, enhancing product diversity and deepening India's commodity markets. MCX BULLDEX conforms to the International Organisation of Securities Commissions (IOSCO) Principles for Financial Benchmarks, ensuring transparency and governance standards. Commenting on the development, Praveena Rai, MD & CEO of MCX, said that this innovative product will allow participants to take exposure to a basket of commodities in the bullion segment. MCX is India's largest commodity derivatives exchange with around 98% market share in commodity futures. It offers trading in a diverse range of commodities, spanning multiple segments including bullion, energy, metals and agri commodities, as well as sectoral commodity indices. The company's board will consider Q2 results on 6 November 2025. On a consolidated basis, MCX's net profit for Q1FY26 came in at Rs 203.19 crore, marking an 83% year-on-year (YoY) rise from the same quarter last year. On a sequential basis, profit rose 50% over Q4FY25. Income from operations jumped to Rs 373.21 crore, up 59% YoY and 28% QoQ. Powered by Capital Market - Live

The Multi Commodity Exchange of India (MCX), has announced the launch of monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX') effective 27 October 2025. MCX BULLDEX' is a dynamic and robust representation of the precious metals segment, constituted of the highly popular and liquid MCX Gold and Silver Futures contracts. The Options contracts on this index will empower market participants with a versatile risk management tool, combining the benefits of diversified underlying assets with the flexibility of Options trading. MCX BULLDEX', covering both Gold and Silver, offers a balanced exposure in the bullion segment to market participants - both investors and institutions alike, in a convenient and cost-effective manner that would meet both their investment and hedging requirements. Options on MCX BULLDEX' aligns with MCX's commitment to deepen India's commodity markets through product innovation, enhanced transparency, and investor-friendly offerings. Options on indices are highly popular as an investment tool, and Options on a sectoral index like MCX BULLDEX' is widely considered ideal for effective sectoral price risk management. The index conforms to the standards of the International Organisation of Securities Commissions (IOSCO) Principles for Financial Benchmarks (July 2013) in its computation and governance. Powered by Capital Market - Live

The stock has advanced 7.05% in two days, buoyed by strong activity in gold and silver futures as volatility in global bullion prices drew higher trading volumes. According to a domestic brokerage report, the outlook for MCX remains positive, with a Buy rating and a target price of Rs 10,000. The brokerage expects the exchange to benefit from the launch of new products, ongoing technological upgrades, and rising market participation, particularly in the bullion segment. MCX is India's first listed electronic exchange with pan India presence. MCX is India's leading commodity derivatives exchange with a market share of about 98.80% in terms of the value of commodity futures contracts traded in Q1 FY2025-26 (April 2025 ' June 2025). The company's board will consider Q2 results on 6 November 2025. On a consolidated basis, MCX's net profit for Q1FY26 came in at Rs 203.19 crore, marking an 83% year-on-year (YoY) rise from the same quarter last year. On a sequential basis, profit rose 50% over Q4FY25. Income from operations jumped to Rs 373.21 crore, up 59% YoY and 28% QoQ. Powered by Capital Market - Live

Multi Commodity Exchange of India will hold a meeting of the Board of Directors of the Company on 6 November 2025.Powered by Capital Market - Live

Speaking at an event hosted by MCX, Pandey reportedly said strengthening the commodity market is a key priority. He added that SEBI is in talks with the government to permit banks, insurers and pension funds to trade in commodities, a move that could expand institutional participation and improve liquidity. The regulator is also examining a proposal to allow foreign portfolio investors (FPIs) to trade in non-cash settled, non-agricultural contracts. Currently, FPIs are restricted to cash-settled products such as crude oil and natural gas. Broader access to bullion and base metals, analysts say, could boost activity on domestic exchanges like MCX. Pandey further said commodity brokers will be brought under Samuhik Prativedan Manch, a unified compliance reporting framework, by December 2025. He added SEBI is also working with the government to address GST-related hurdles in physical delivery of commodities. MCX is India's first listed electronic exchange with pan India presence. MCX is India's leading commodity derivatives exchange with a market share of about 98.80% in terms of the value of commodity futures contracts traded in Q1 FY2025-26 (April 2025 ' June 2025). On a consolidated basis, MCX's net profit for Q1FY26 came in at Rs 203.19 crore, marking an 83% year-on-year (YoY) rise from the same quarter last year. On a sequential basis, profit rose 50% over Q4FY25. Income from operations jumped to Rs 373.21 crore, up 59% YoY and 28% QoQ. Powered by Capital Market - Live