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MCX of India Share Price Target 2024, 2025, 2026 to 2039 With Charts

Multi Commodity Exchange of India Limited

Company LogoSymbol: MCX
Price: ₹3,909.89
Exchange: NSE
Financial Services -> Financial Data & Stock Exchanges
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MCX of India Brief Company Overview

Multi Commodity Exchange of India Limited: A Leading Commodity Derivatives Exchange

Multi Commodity Exchange of India Limited (MCX) is a renowned commodity derivatives exchange in India, established in 2002 and headquartered in Mumbai. MCX provides a robust platform for online trading of commodity futures, catering to the needs of various stakeholders in the industry.

Key Products and Services:

  • iCOMDEX: Real-time commodity futures price indices
  • Trading in bullion, base metals, energy, and agricultural commodities
  • Trade clearing and settlement services
  • Data feed subscription and membership services

Market Presence and Alliances:

MCX has a strong market presence in India and has established strategic alliances with leading exchanges worldwide, including CME Group, Dalian Commodity Exchange, and London Metal Exchange. These partnerships enhance its global reach and trading capabilities.

Commitment to Excellence:

MCX is committed to maintaining the highest standards of integrity, transparency, and customer focus. Its dedicated team ensures seamless trading experiences, fosters innovation, and promotes ethical practices within the industry.

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MCX of India Financial Performance

MetricValueDescription
Market Capital18,486.87 CroreMarket valuation of MCX of India's shares.
Revenue (TTM)758.94 CroreTotal revenue generated by MCX of India over the past twelve months.
Net Income (TTM)+83.11 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin53.42%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin10.95%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+31.4%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+1512.3%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
0.07Company's total debt divided by total shareholder equity.
Total Debt1.66 CroreSum of MCX of India's current & long-term financial obligations.
Total Cash1,277.04 CroreTotal amount of liquid funds available to MCX of India.
Beta0.31Beta is less than 1 indicating that the MCX of India's price is less volatile than the market.

Is MCX of India A Good Buy For Long Term?

MCX of India, a midcap stock with promising growth potential, is a good buy for long-term investors. Over the past year, it has exhibited exceptional returns and a healthy profit margin of 10.95%. Its recent revenue growth of 31.4% is a testament to its financial strength. While the company carries a small debt of 1.66 Crore, it is adequately offset by its strong cash balance of 1,277.04 Crore. Overall, MCX of India presents a compelling investment opportunity for those seeking long-term capital appreciation.

To predict the MCX of India's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

MCX of India Share Price Target For 2024

 MCX of India Targets For 2024 Chart

The line chart displays the monthly closing prices of MCX of India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for MCX of India shares in 2024, see the table below.

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MCX of India Share Price Target Table For 2024

MCX of India's LevelsValueReason/Importance
2024 Target 34267.42 (+9.14%)Price Action: Chart
2024 Target 24187.85 (+7.1%)Price Action: Chart
2024 Target 14146.39 (+6.04%)Fibonacci Extension Level 100%
Current Price3909.89 MCX of India's 1 share price as of Fri 14 Jun 2024
Stop Loss 13814.94 (-2.43%)Price Action: 03 Jun 2024 High
Stop Loss 23755.05 (-3.97%)Price Action: 28 May 2024 Low
Stop Loss 33710.69 (-5.1%)Price Action: 29 May 2024 Low

Summary: MCX of India Share Price Prediction For 2024

In summary, MCX of India has surged by ₹710.04, achieving a notable +22.19% increase from 1st January 2024 to 14 Jun 2024. Our analysis of MCX of India for 2024 predicts an additional rise of 6.04% to 9.14% by the end of 2024 with three potential targets T1: 4146.39, T2: 4187.85, T3: 4267.42. Stop Loss at SL1: 3814.94, SL2: 3755.05, SL3: 3710.69.

MCX of India has a 52-week high of ₹4270.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1411.40, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for MCX of India.

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MCX of India Share Price Target For 2025

 MCX of India Targets For 2025 Chart

The line chart displays the monthly closing prices of MCX of India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for MCX of India shares in 2025, see the table below.

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MCX of India Share Price Target Table For 2025

MCX of India's LevelsValueReason/Importance
2025 Target 35930.20 (+51.67%)Price Action: Chart
2025 Target 25819.63 (+48.84%)Price Action: Chart
2025 Target 15762.01 (+47.37%)Custom Fibonacci Extension Lvl 64.9%
Current Price3909.89 MCX of India's 1 share price as of Fri 14 Jun 2024
Stop Loss 13472.50 (-11.19%)Price Action: 06 Jun 2024 Low
Stop Loss 23424.45 (-12.42%)Technical Indicator: MA150
Stop Loss 33344.00 (-14.48%)Price Action: Dec 2023 High

Summary: MCX of India Share Price Prediction For 2025

In summary, MCX of India has surged by ₹710.04, achieving a notable +22.19% increase from 1st January 2024 to 14 Jun 2024. Our analysis of MCX of India for 2025 predicts an additional rise of 47.37% to 51.67% by the end of 2025 with three potential targets T1: 5762.01, T2: 5819.63, T3: 5930.20. Stop Loss at SL1: 3472.50, SL2: 3424.45, SL3: 3344.00.

MCX of India has a All-Time high of ₹4270.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1411.40, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for MCX of India, we have created a specific page for that check here: MCX of India Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

MCX of India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 MCX of India Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of MCX of India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 14.06% over the next 15 years.

For complete year by year MCX of India long term share price target from 2024, 2025 to 2039 check the below table.

MCX of India Share Price Target Table From 2024, 2025, 2026 to 2039

Year MCX of India TargetYoY Change %
2024₹3,909.89[Current Price]
2024₹4,817.6423.21%
2025₹6,541.2935.77%
2026₹8,288.8126.71%
2027₹11,352.7236.96%
2028₹13,040.4114.86%
2029₹13,784.735.7%
2030₹15,413.7511.81%
2031₹17,132.4911.15%
2032₹21,335.2624.53%
2033₹22,792.016.82%
2034₹22,751.82-0.18%
2035₹24,286.216.74%
2036₹25,976.166.95%
2037₹31,317.7920.56%
2038₹32,543.613.91%
2039₹30,398-6.6%

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MCX of India Past Performance

MCX main
MCX of India has been listed on NSE for more than 12 years.
  • In 2012, MCX of India opening price was ₹1,276.34
  • As of Fri 14 Jun 2024 the price stands at ₹3,909.89.
  • This represents a Compound Annual Growth Rate (CAGR) of 8.99%.
  • In 12 years, an investment of 10,000 would have become ₹30,633.36.

As we wrap up, we hope you like our study on MCX of India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Multi Commodity Exchange of India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter