Multi Commodity Exchange of India rises on turning black in Q2
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Multi Commodity Exchange of India is currently trading at Rs. 6598.15, up by 37.90 points or 0.58% from its previous closing of Rs. 6560.25 on the BSE.
The scrip opened at Rs. 6625.00 and has touched a high and low of Rs. 6679.00 and Rs. 6434.25 respectively. So far 23311 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6,679.00 on 21-Oct-2024 and a 52 week low of Rs. 2,162.05 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 6679.00 and Rs. 6273.50 respectively. The current market cap of the company is Rs. 33698.70 crore.
The Institutions and Non-Institutions held 79.52% and 20.51% stake in the company respectively.
Multi Commodity Exchange of India has reported net profit of Rs 153.62 crore for the quarter ended September 30, 2024 (Q2FY25) as against net loss of Rs 19.07 crore for the same quarter in the previous year. Total income of the company increased by 68.91% at Rs 310.82 crore for Q2FY25 as compared to Rs 184.02 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net profit of Rs 110.53 crore for Q2FY25 as against net loss of Rs 6.78 crore for the same quarter in the previous year. Total income of the company increased by 74.53% at Rs 280.86 crore for Q2FY25 as compared to Rs 160.92 crore for the corresponding quarter previous year.
