Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Financial Data & Stock Exchanges

Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, industrial metals, energy, and agricultural commodities. The company also provides trade clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, and consultancy and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.

Revenue projections:

Revenue projections for MCX
Revenue projections for MCX

Revenues for MCX are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 1.871000
forwardPE 50.888203
debtToEquity 0.036000
earningsGrowth 0.542000
revenueGrowth 0.661000
grossMargins 0.942570
operatingMargins 0.523110
trailingEps 109.960000
forwardEps 50.950000

MCX's current ratio of 1.871, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as MCX has enough cash and current assets to handle its immediate liabilities comfortably.
MCX's high forward PE suggests the stock may be overvalued, which could prevent further price gains and lead to a correction. This parameter should be carefully evaluated in context with other fundamental data to ensure a balanced view.
MCX's positive earnings and revenue growth point to business expansion on the horizon. The company is positioned for continued success, with increasing profits and revenue growth highlighting a strong path forward for future growth.
MCX's positive gross and operating margins highlight its strong profitability. The company's ability to control costs while generating revenue indicates efficient operations and a healthy financial position.
Multi Commodity Exchange of India Limited's forward EPS being lower than its trailing EPS indicates that the company's earnings are projected to decrease. This suggests that Multi Commodity Exchange of India Limited may struggle to maintain profitability at previous levels, potentially affecting its financial outlook.

Price projections:

Price projections for MCX
Price projections for MCX



Insider Transactions:

Insider Transactions for MCX
Insider Transactions for MCX


3 transactions to sell MCX occurred, with market price at 3869.7500813802085.No sell transactions occurred in the period under review.More recent purchases than sales at current price levels for MCX could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.

Recommendation changes over time:

Recommendations trend for MCX
Recommendations trend for MCX


The analysts' recent buy bias for MCX indicates strong confidence in the stock's future performance. This could encourage more investors to view MCX as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.