Analysts have raised their price target for Multi Commodity Exchange of India from ₹8,768 to ₹10,111, citing improved estimates for revenue growth, profit margins, and a lower discount rate as key drivers for the upward revision.
What's in the News
- MCX will launch monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX), covering Gold and Silver Futures, starting October 27, 2025 (Product Related Announcements).
- The Board of Directors is scheduled to meet on November 6, 2025, to consider and approve the Company's Un-audited Financial Results for the quarter and half year ended September 30, 2025 (Board Meeting).
- MCX has been added to the FTSE All-World Index (USD) (Index Constituent Adds).
- The company announced an alteration of the Capital Clause of its Memorandum of Association (Changes in Company Bylaws/Rules).
- Shareholders have proposed a dividend of INR 30 per equity share for the Financial Year ended March 31, 2025 (Dividend Increases).
Valuation Changes
- Consensus Analyst Price Target has increased from ₹8,768 to ₹10,111, reflecting improved expectations.
- Discount Rate has decreased modestly from 14.67% to 14.49%.
- Revenue Growth estimates have risen from 19.46% to 23.03%.
- Net Profit Margin projections have increased from 53.60% to 55.57%.
- Future P/E Ratio has edged up from 50.25x to 50.93x.
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