MCX slumps 7% on below-estimate Q4 earnings, Morgan Stanley remains 'underweight'
MCX's total income for the quarter ended March 2024 came in at Rs 153.83 crore, up 29.6 percent on-year. Sequentially, however, it saw a decline of around 5 percent.
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MCX's total income for the quarter ended March 2024 came in at Rs 153.83 crore, up 29.6 percent on-year. Sequentially, however, it saw a decline of around 5 percent.
The MoU will help the exchanges enhance collaboration in key areas, including knowledge sharing, research, and education.
The recent glitch is the first incidence of a major technical issue after MCX finally migrated to TCS' platform in December. With trading stopped for over four hours now, the exchange could be liable to pay a hefty fee as mandated by market regulator SEBI
MCX share price: The stock soared 8.15 per cent to hit a 52-week high of Rs 3,168 against its previous close of Rs 2,929.15. The multibagger scrip has gained more than 120 per cent in the last six months. And, it has gained over 36 per cent in a month.
The MCX share price has risen over 112 percent this year, doubling investors' money. Experts, however, say that the stock appears to be in the overbought zone now