MCX (NSE-India)

Multi Commodity Exchange

Sector: This company belongs to

Last Updated: Jul 06, 2024

Investment / Trading advise for Multi Commodity Exchange

Recommendation at Rs. 1620.00
52 Week High: Rs. 1875.00, 52 Week Low: Rs. 815.00
Net Present Value of stcok (based on NPV Business operation): Rs. 944.00

RECENT FINANCIALS

Market
Market Capitalization: Rs. 8265.00 Cr
Equity Issued: Rs. 5.00 Cr
EPS: Rs. 47.20
ROE: 12.94%

Balance Sheet
Reserves & Surplus: Rs. 1308 Cr
Current Liability: Rs. 910 Cr

Operations
Net Profit: Rs. 236.00 Cr

INVESTMENT PROJECTIONS AND RECOMMENDATIONS

For 1 Year
We recommend SELL at Rs.1620.00
NOTE: The stock may not generate 12% in in the next 12 months as per our projection

For 2 Years
No fresh investment advised at Rs.1620.00

For 3 Years
We advise SELL at Rs.1620.00. No fresh investment.

Compelling Buy : At and below Rs. 950.11 (Worth every penny you invest)
Good Buying Range: (Rs. 950.11 - Rs. 1080.91) (Start accumulating closer to its lower range)
Buy with caution: At and above Rs. 1211.71 (Only for high risk long term investors and day traders)

CAUTION: Buying above Rs. 1211.71 is not recommended as it would be a better SELL than BUY.

NOTE: Above Rs. 1211.71, Use opportunities for day trade / weeekly trade / very short term trade with a strict stop loss.