Markets India
MCX’s share price surged 100% over the past year, hitting a high of ₹3,768.30 on November 13, 2026, as its market cap neared ₹1 trillion.
On November 13, 2026, MCX’s share price reached an intraday peak of ₹3,768.30 on the BSE, up 4% for the day. The stock closed at ₹3,722.05, a rise of 3%, while the broader BSE Sensex declined by 0.55%. A total of 2.5 million shares were traded across both exchanges during the session.
The surge in MCX’s share price reflects its remarkable performance over the past year, with the stock climbing from ₹1,887.25 on November 14, 2025, to a high of ₹3,768.30 today—a staggering 100% increase. This growth has pushed MCX’s market cap close to the ₹1 trillion mark at ₹96,089 crore.
The company's strong financial performance is also driving investor confidence. Revenue from operations grew by 113.9% year-on-year (YoY) in Q2 FY27 to reach ₹800 crore, while consolidated net profit jumped to ₹455 crore compared with ₹197.47 crore a year earlier.
MCX’s expansion into new product segments like electricity futures is also contributing to its growth trajectory. The exchange reported an average daily turnover (ADT) of futures at ₹62,819 crore and options trading reaching ₹12 trillion in Q2 FY27. Physical deliveries included 5.68 tonnes of gold, 199.91 tonnes of silver, and 34,707 tonnes of base metals during the same period.
Despite its success, MCX faces regulatory scrutiny due to its dominant market position—holding a 98% share in India’s commodity derivatives market for H1 FY27. Analysts warn that rising technology costs and volatility in commodities could impact profit margins over time.
MCX's meteoric rise highlights strong investor confidence, but regulatory scrutiny and competitive pressures remain key challenges ahead.
Topics: Commodities Markets, Financial Performance, Stock Valuation, India Economy, Investment Trends
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Source: Business Standard
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