MCX Share Price Target Tomorrow 2024 To 2030- Current Graph, Market Overview

Multi Commodity Exchange of India Ltd (MCX) is the largest commodity exchange in India, providing a platform for trading in various commodities like gold, silver, crude oil, and agricultural products. Established in 2003, MCX plays a key role in price discovery and risk management for commodity traders and investors. It is regulated by the Securities and Exchange Board of India (SEBI) and is known for its transparency and efficiency in commodity trading. MCX Share Price on NSE as of 8 October 2024 is 6,024.00 INR. Here will provide you more details on MCX Share Price Target 2024, 2025, 2026 to 2030.

Multi Commodity Exchange Of India Ltd: Market Overview

• Open Price: 5,771.70
• High Price: 6,031.00
• Low Price: 5,760.30
• Previous Close: 5,771.65
• Volume: 521,875
• Value (Lacs): 31,325.29
• VWAP: 5,940.05
• UC Limit: 6,348.80
• LC Limit: 5,194.50
• P/E ratio: 175.22
• Div yield: 0.13%
• 52-wk high: 6,035.45
• 52-wk low: 2,051.05
• Mkt cap: 30.56KCr
• Face Value: 10

Multi Commodity Exchange Of India Ltd Competitors

Here are three competitors of Multi Commodity Exchange of India Ltd (MCX) with their approximate market capital:

1. National Stock Exchange of India Ltd (NSE)
   Market Capital: ₹2,100,000 Crores (approx.)
2. Bombay Stock Exchange (BSE) Ltd
   Market Capital: ₹8,500 Crores

3. Metropolitan Stock Exchange of India Ltd (MSEI)
   Market Capital: Not publicly listed, smaller in comparison

MCX Share Price Chart

MCX Share Price Target Tomorrow 2024 To 2030

MCX Share Price Target 2024

MCX share price target 2024 Expected target could be ₹6235. Here are three risks and challenges that could affect MCX’s share price target in 2024:

• Regulatory Changes: Any sudden regulatory changes or restrictions imposed by SEBI could impact MCX’s operations and profitability, which may negatively influence its share price.
• Market Volatility: Fluctuations in commodity prices or reduced trading volumes due to global economic uncertainties could affect the exchange’s revenue, leading to pressure on its stock price.

• Increased Competition: With the entry of new players or alternative trading platforms in the commodity market, MCX could face competitive challenges, impacting its market share and growth potential.

MCX Share Price Target 2025

MCX share price target 2025 Expected target could be ₹10325. Here are three risks and challenges for MCX’s share price target in 2025:

• Technological Disruptions: As the financial markets evolve, the adoption of newer technologies like blockchain or decentralized trading platforms could disrupt traditional exchanges like MCX, affecting its competitiveness and stock performance.
• Global Economic Slowdowns: A potential global economic downturn or recession could reduce commodity trading activity, directly impacting MCX’s revenues and placing downward pressure on its share price.

• Operational Risks: Cybersecurity threats or technical system failures could disrupt trading, leading to a loss of market confidence and affecting the exchange’s reputation and stock value.

MCX Share Price Target 2030

MCX share price target 2030 Expected target could be ₹30125. Here are three risks and challenges for MCX’s share price target in 2030:

• Regulatory Changes: Future shifts in regulations, both domestic and international, may introduce new compliance requirements or restrictions on commodity trading, which could impact MCX’s operations and profitability.
• Increased Competition: The rise of alternative trading platforms, including international exchanges and fintech innovations, may pose significant competition to MCX, potentially eroding its market share and affecting long-term growth.

• Market Volatility: Over the long term, global commodity markets may face heightened volatility due to geopolitical tensions, climate change, or resource scarcity, impacting trading volumes and causing fluctuations in MCX’s revenues and share price.

Multi Commodity Exchange Of India Ltd Shareholding Pattern

• Promoter: 0%
• FII: 20.7%
• DII: 57.3%
• Public and Others: 22.1%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.mcxindia.com/

Multi Commodity Exchange Of India Ltd Financials

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