Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
730.65
Change Change %
13.90 1.94%

Updated:25 Sep, 2018, 15:59 PM IST

BSE
729.40
Change Change %
13.80 1.93%

Updated:25 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
02-09-2016 Buy 994.30 1140.00
N/A
Target Hit Long (1Y)
02-09-2017

Edelweiss maintains buy on Multi Commodity Exchange

MCX's revenue momentum gathered pace in Q1 with higher volume in agri derivative trading. Controlled operating expenses also aided profitability in Q1. We expect 25 per cent CAGR in agri derivative trading volume over FY16-18 and operating leverage benefits to result in 430 basis points increase in margins.

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