About
About Multi Commodity Exchange of India Limited
Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. The company also provides clearing and settlement services; and data feed subscription and membership services. It has strategic alliances, consultancy, and collaboration agreements with various exchanges, such as CME Group, Dalian Commodity Exchange, London Metal Exchange, European Energy Exchange AG, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange, Jakarta Futures Exchange, and Chittagong Stock Exchange Limited. The company was incorporated in 2002 and is based in Mumbai, India.
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5 years, 5 months ago
Multi Commodity Exchange of India Limited is currently in a long term downtrend where the price is trading 6.0% below its 200 day moving average.
From a valuation standpoint, the stock is 41.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 20.3.
Multi Commodity Exchange of India Limited's total revenue rose by 13.0% to $1B since the same quarter in the previous year.
Its net income has increased by 29.2% to $718M since the same quarter in the previous year.
Based on the above factors, Multi Commodity Exchange of India Limited gets an overall score of 3/5.