Multi Commodity Exchange of India Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 8062.33 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 125.67 Crore, down -8.62 % from last quarter Total Income of Rs 137.52 Crore and up 11.47 % from last year same quarter Total Income of Rs 112.74 Crore. Company reported net profit after tax of Rs 71.73 Crore in latest quarter.
Investment Rationale
has formed a strong base around Rs 1,500. It has broken the upper end of the channel, indicating that a firm up move towards Rs 1,700 cannot be ignored.
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of June 30, 2020, while FIIs held 38.8 per cent, DIIs 38.7 per cent and public and others 22.5 per cent.