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.
- 1 What is Multi Commodity Exchange Of India Ltd NSE: MCX?
- 2 MCX Share Price Target
- 3 MCX Share Price Target 2025
- 4 MCX Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 MCX Share Price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I Buy MCX Stock?
- 12 Multi Commodity Exchange Of India Ltd Earning Results
- 13 Expert Forecasts On The Future Of Multi Commodity Exchange Of India Ltd.
- 14 Is MCX Stock Good To Buy? (Bull Case & Bear Case)
- 15 Conclusion
- 16 FAQs
Fundamental Data
| Metric | Value |
| PE Ratio | 193.88 |
| EPS (TTM) | ₹34.19 |
| Market Cap | ₹33,806.82 Cr |
| Book Value/Share | ₹423.35 |
| Dividend Yield | 0.12% |
| Face Value | ₹10.002 |
Peers and Comparison
| Company | Market Cap (₹ Cr) | PE Ratio |
| BSE Ltd | 55,000.03 | 131.1 |
| MCX India | 33,095.69 | 146.62 |
| CDSL | 29,657.1 | 78.79 |
| CAMS | 21,284.57 | 58.19 |
What is Multi Commodity Exchange Of India Ltd NSE: MCX?
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
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 4408 | 13065 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 5301 | 6413 |
| February | 4945 | 6189 |
| March | 4408 | 5539 |
| April | 4535 | 6350 |
| May | 5600 | 6706 |
| June | 6561 | 9075 |
| July | 7614 | 9115 |
| August | 6570 | 10551 |
| September | 6636 | 11540 |
| October | 7556 | 12350 |
| November | 7025 | 12814 |
| December | 7235 | 13065 |
MCX Stock Recommendation
| Buy | Sell | Hold |
| 66.67% | 22.22% | 11.11% |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 12570 | 22094 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 12570 | 14521 |
| February | 12891 | 14894 |
| March | 13557 | 16581 |
| April | 14587 | 16856 |
| May | 15214 | 17254 |
| June | 15754 | 17752 |
| July | 15964 | 18100 |
| August | 17541 | 18547 |
| September | 17874 | 19364 |
| October | 18110 | 20257 |
| November | 19568 | 21547 |
| December | 20441 | 22094 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 21425 | 31075 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 29587 | 40465 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 39114 | 50263 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 49458 | 60878 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 49458 | 51245 |
| February | 49984 | 52547 |
| March | 50254 | 52968 |
| April | 51457 | 53254 |
| May | 51989 | 54512 |
| June | 52745 | 55641 |
| July | 53487 | 55902 |
| August | 54571 | 56325 |
| September | 54924 | 57847 |
| October | 55687 | 58641 |
| November | 57884 | 59224 |
| December | 60878 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 115534 | 123534 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 115534 | 117551 |
| February | 116368 | 118894 |
| March | 116898 | 119698 |
| April | 117540 | 119924 |
| May | 118564 | 120354 |
| June | 118987 | 120858 |
| July | 119568 | 121457 |
| August | 120351 | 121784 |
| September | 120845 | 121954 |
| October | 121021 | 122325 |
| November | 121257 | 122587 |
| December | 121898 | 123534 |
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.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 160675 | 168104 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 160675 | 162470 |
| February | 161257 | 163570 |
| March | 161784 | 164784 |
| April | 162471 | 165021 |
| May | 163510 | 166587 |
| June | 163755 | 166821 |
| July | 164025 | 166988 |
| August | 165870 | 167512 |
| September | 166678 | 168023 |
| October | 167840 | 169514 |
| November | 168154 | 170584 |
| December | 168856 | 172457 |
Should I Buy MCX Stock?
Current market research makes MCX stock a promising investment. The company’s shares have risen 350% in two years.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 4408 | 13065 |
| 2026 | 12570 | 22094 |
| 2027 | 21425 | 31075 |
| 2028 | 29587 | 40465 |
| 2029 | 39114 | 50263 |
| 2030 | 49458 | 60878 |
| 2040 | 115534 | 123534 |
| 2050 | 160675 | 168104 |
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
| Metric | Q2 FY25 | Q1 FY25 | QoQ Change | Q2 FY24 | YoY Change |
| Net Profit | ₹154 Cr | ₹111 Cr | +38.5% | -₹19.1 Cr | Turned Profitable |
| Revenue | ₹286 Cr | ₹234 Cr | +21.9% | ₹165.1 Cr | +73% |
| EBITDA | ₹179.4 Cr | ₹133 Cr | +34.8% | -₹28.6 Cr | Turned Positive |
| EBITDA Margin | 62.8% | 56.6% | +6.2% | Negative | Significant 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)
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.
