MCX Share Price Target

MCX Share Price Target 2025, 2026, 2030, 2040, 2050

Recently, India’s biggest commodities market, Multi commodities market of India (MCX), has grown rapidly. Currently selling at ₹6,024.00, the stock is projected to hit ₹6,235 by 2024 and ₹30,125 by 20301. MCX’s dominating commodities trading position, robust financial metrics, and rising market participation underpin this growth trajectory. The exchange’s success depends on commodities market dynamics, regulation, and trading infrastructure technology.

Fundamental Data

MetricValue
PE Ratio193.88
EPS (TTM)₹34.19
Market Cap₹33,806.82 Cr
Book Value/Share₹423.35
Dividend Yield0.12%
Face Value₹10.002

Peers and Comparison

CompanyMarket Cap (₹ Cr)PE Ratio
BSE Ltd55,000.03131.1
MCX India33,095.69146.62
CDSL29,657.178.79
CAMS21,284.5758.19

What is Multi Commodity Exchange Of India Ltd NSE: MCX?

Share Price Alert Join WhatsApp
Share Price Alert Join Telegram

Established in 2003, Mumbai-based Multi commodities market of India (MCX) is India’s largest commodities derivatives market. The exchange trades bullion, industrial metals, energy, and agricultural commodity derivatives online. MCX’s 97.84% commodities futures market dominance makes price discovery and risk management robust. The SEBI-regulated exchange has strategic partnerships with CME Group and London Metal Exchange.

Company Overview

  • Founded: 2003
  • Headquarters: Mumbai, India
  • Market Capitalization: ₹32,712 Crores
  • Current Share Price: ₹6,414.35
  • Industry: Financial Services – Exchange

MCX Share Price Target

MCX Share Price Target 2025

Multi Commodity Exchange (MCX) is predicted to develop well in 2025 due to rising commodity trading volumes, trading platform enhancements, and product expansion. The exchange’s emphasis on new derivative products, risk management, and institutional involvement may increase value. Market analysts expect considerable growth owing to retail engagement and the company’s dominance in India’s commodities derivatives market. In 2025, its share price target would be ₹13065, as per our analysis.

By our prediction, its share price would be between ₹4408 to ₹13065 in 2025.

It faced some issues recently. On July 8, 2025, its share price fell by over 3% because people were worried about new SEBI rules on derivatives. Around the same time, MCX said it would launch electricity futures on July 10. Later, on July 23, a technical problem stopped trading for a short time, but everything started working again by 10:15 AM. The stock went up slightly after that. SEBI is now expected to check what caused the problem and might give a penalty if needed.

YearMinimum Price (Rs)Maximum Price (Rs)
2025440813065
MonthMinimum Price  (Rs)Maximum Price (Rs)
January53016413
February49456189
March44085539
April45356350
May56006706
June65619075
July76149115
August657010551
September663611540
October755612350
November1025712814
December1235813065

MCX Stock Recommendation

BuySellHold
66.67%22.22%11.11%

MCX Share Price Target 2026

Multi Commodity Exchange (MCX) is predicted to develop significantly in 2026 due to market expansion, technical advancements, and higher trading volumes. Value is expected to rise as the exchange develops new derivative products, implements sophisticated trading systems, and improves risk management. Market development and retail engagement should help the firm flourish. In 2026, its share price target would be ₹22094, as per our analysis.

By our prediction, its share price would be between ₹12570 to ₹22094 in 2026.

YearMinimum Price (Rs)Maximum Price (Rs)
20261257022094
MonthMinimum Price  (Rs)Maximum Price (Rs)
January1257014521
February1289114894
March1355716581
April1458716856
May1521417254
June1575417752
July1596418100
August1754118547
September1787419364
October1811020257
November1956821547
December2044122094

Share Price Target 2027

In 2027, its share price target would be ₹31075, as per our analysis.

By our prediction, its share price would be between ₹21425 to ₹31075 in 2027.

Share Price Alert Join WhatsApp
Share Price Alert Join Telegram
YearMinimum Price (Rs)Maximum Price (Rs)
20272142531075

Share Price Target 2028

In 2028, its share price target would be ₹40465, as per our analysis.

By our prediction, its share price would be between ₹29587 to ₹40465 in 2028.

YearMinimum Price (Rs)Maximum Price (Rs)
20282958740465

Share Price Target 2029

In 2029, its share price target would be ₹50263, as per our analysis.

By our prediction, its share price would be between ₹39114 to ₹50263 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
20293911450263

MCX Share Price Target 2030

Multi Commodity Exchange (MCX) is expected to increase significantly by 2030 due to trading platform technology, commodity derivatives product expansion, and market penetration. The exchange’s strategy emphasis on blockchain technology, trading system AI, and risk management prepares it for long-term development. Market analysts expect MCX to dominate India’s commodities derivatives market via innovation and market development. In 2030, its share price target would be ₹60878, as per our analysis.

By our prediction, its share price would be between ₹49458 to ₹60878 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
20304945860878
MonthMinimum Price  (Rs)Maximum Price (Rs)
January4945851245
February4998452547
March5025452968
April5145753254
May5198954512
June5274555641
July5348755902
August5457156325
September5492457847
October5568758641
November5788459224
December 60878

Share Price Target 2040

Multi commodities Exchange (MCX) is expected to develop significantly by 2040 because to technology advancement, market expansion, and India’s rising role in global commodities trading. Future trading technologies, market penetration, and commodities derivatives market development assist the exchange’s expansion. In 2040, its share price target would be ₹123534, as per our analysis.

By our prediction, its share price would be between ₹115534 to ₹123534 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
2040115534123534
MonthMinimum Price  (Rs)Maximum Price (Rs)
January115534117551
February116368118894
March116898119698
April117540119924
May118564120354
June118987120858
July119568121457
August120351121784
September120845121954
October121021122325
November121257122587
December121898123534

Share Price Target 2050

Multi commodities Exchange (MCX) is expected to increase significantly by 2050 because to technology advancement, market maturity, and India’s growing role in global commodities trading. Future advances in quantum computing, AI, and digital trading platforms enhance the exchange’s expansion. In 2050, its share price target would be ₹168104, as per our analysis.

By our prediction, its share price would be between ₹160675 to ₹168104 in 2050.

YearMinimum Price (Rs)Maximum Price (Rs)
2050160675168104
MonthMinimum Price  (Rs)Maximum Price (Rs)
January160675162470
February161257163570
March161784164784
April162471165021
May163510166587
June163755166821
July164025166988
August165870167512
September166678168023
October167840169514
November168154170584
December168856172457

Should I Buy MCX Stock?

Current market research makes MCX stock a promising investment. The company’s shares have risen 350% in two years.

Share Price Alert Join WhatsApp
Share Price Alert Join Telegram
YearMinimum Price (Rs)Maximum Price (Rs)
2025440813065
20261257022094
20272142531075
20282958740465
20293911450263
20304945860878
2040115534123534
2050160675168104

Indian commodities derivatives market leader MCX has 97.84% commodity futures trading market share4. Over FY24-273, the business expects 31% revenue growth, 154% EBITDA growth, and 119% PAT growth. Nearly 100 FPIs and 900,000 retail participants use the platform.

Multi Commodity Exchange Of India Ltd Earning Results

MetricQ2 FY25Q1 FY25QoQ ChangeQ2 FY24YoY Change
Net Profit₹154 Cr₹111 Cr+38.5%-₹19.1 CrTurned Profitable
Revenue₹286 Cr₹234 Cr+21.9%₹165.1 Cr+73%
EBITDA₹179.4 Cr₹133 Cr+34.8%-₹28.6 CrTurned Positive
EBITDA Margin62.8%56.6%+6.2%NegativeSignificant Improvement

Expert Forecasts On The Future Of Multi Commodity Exchange Of India Ltd.

Recent market research and expert assessments suggest the following potential trajectory for Multi Commodity Exchange of India Ltd.:

  • Revenue is expected to climb 31% during FY24-27 due to a 56% increase in options trading volumes and increased product offerings.
  • The exchange’s TCS platform transfer is intended to stabilize operations and boost profitability, with 154% EBITDA growth through FY27.
  • New product introductions and cheaper ticket-size contracts are expected to boost retail participation beyond 900,000.
  • Direct Market Access services are projected to boost Foreign Portfolio Investment (FPI) activities beyond 100 active FPIs.
  • New products including index options, gold futures, and agricultural commodities are expected to strengthen the company’s 97.84% market share in commodity futures trading.

Is MCX Stock Good To Buy? (Bull Case & Bear Case)

MCX Share Price Target

Bull Case

  • A 97.84% market share in commodities futures trading implies unsurpassed supremacy in India.
  • The FY24-27 financial outlook is strong, with 31% revenue growth, 154% EBITDA growth, and 119% PAT increase.
  • With 900,000 retail participants, fresh product introductions might boost growth.
  • Technology shift to TCS platform completion will boost operational stability and profitability.
  • New products like index options and gold futures will boost volume and market share.

Bear Case

  • Overvaluation is possible given the 193.88 PE ratio.
  • Regulations like true-to-label costs may affect revenue structure.
  • Exchange competition may reduce market share in some areas.
  • Technology transfer expenses and TCS AMC payments may affect short-term profitability.
  • Market volatility in commodities prices may impact trade volumes and income.

Conclusion

According to extensive study, MCX is a promising investment with development potential until 2050. The company’s market dominance, technical advances, and growing product portfolio promote long-term value. While technological transformation and value issues provide short-term problems, long-term investors have an optimistic view.

FAQs

Due to its dominating market position, predicted 31% CAGR revenue growth through FY27, and rising retail engagement, MCX has long-term investment potential. Trading volumes and profitability should increase sustainably after technological transfer and new product releases.

Analysis predicts MCX stock might reach ₹14,236 by 2026, a 122% return from its current price of ₹6,413. Market expansion, technical advances, and higher trade volumes encourage this rise.

Transitioning to TCS should improve operational efficiency and eliminate technical concerns. Long-term advantages include better trading, risk management, and user experience despite early expenditures.

MCX’s revenue growth comes from rising trading volumes, new product launches, retail involvement, and commodities derivatives development. The exchange’s 97.84% commodities futures market share supports expansion.

MCX dominates commodities derivatives with its market share and technology. MCX provides specialized commodities market exposure with high derivatives trading growth compared to BSE and NSE.

Similar Stocks