Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. The company offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. It also provides clearing and settlement services; and data feed subscription and membership services. The company has strategic alliances, consultancy, and collaboration agreements with various exchanges, such as Dalian Commodity Exchange, Taiwan Futures Exchange, Zhengzhou Commodity Exchange, Jakarta Futures Exchange, European Energy Exchange AG, CME Group, and London Metal Exchange. Multi Commodity Exchange of India Limited was incorporated in 2002 and is headquartered in Mumbai, India.
Research context
Multi Commodity Exchange of India Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- Financial Services
- Industry
- Financial Data & Stock Exchanges
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5 years, 6 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.