Q4FY21 Result Update - Multi Commodity Exchange - ICICI Direct

MCX reported a moderation in average daily turnover (ADTO) attributable to upfront margin requirement impacting volume. Operational performance remained healthy led by steady revenue and controlled opex. Volatility in other income and tax advantage in base year led to decline in earnings. ADTO in commodity futures on the exchange declined 13% to Rs. 31823 crore in Q4FY21, due to increase in regulatory requirement of upfront margin partially offset by higher gold priced compared to last year. Markets share in commodity futures space has remained strong at 96.04% in FY21. Number of unique customers increased from 51.5 lakh in Q3FY21 to 60.2 lakh in Q4FY21 while authorised person count was at 52777.

For details, click on the link below: Link to the Report

Shares of MULTI COMMODITY EXCHANGE OF INDIA LTD. was last trading in BSE at Rs.1543.6 as compared to the previous close of Rs. 1586.7. The total number of shares traded during the day was 15647 in over 2208 trades.

The stock hit an intraday high of Rs. 1600 and intraday low of 1537.75. The net turnover during the day was Rs. 24554532.

Source : Equity Bulls

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