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MCX shares fall nearly 7% after reporting Q4 results

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[hfe_template id='11223'] [ad_1] Shares of Multi Commodity Exchange of India (MCX) fell by 6.6% to an intraday low of Rs 5,604.90 on the BSE on Friday, May 9, after the exchange reported its results for Q4FY25, where it posted a 54% increase in its consolidated net profit. MCX posted a net profit of Rs 135 crore in Q4FY25, up from Rs 88 crore in the corresponding period last year, driven by a robust 61% surge in revenue from operations to Rs 291 crore. The company's total income for the quarter climbed by 61% to Rs 320.49 crore, including other income of Rs 29 crore. EBITDA for the quarter increased from Rs 120.33 crore, with an EBITDA margin of 59% and a PAT margin of 42%. For the entire fiscal year ended March 31, 2025, MCX's total income surged 59% to Rs 1,208.86 crore, while EBITDA soared by 445% to Rs 761.51 crore. Net profit for the fiscal year also skyrocketed by 574% to Rs 560.04 crore, reflecting strong operating leverage. Live Events Also read: L&T ...

Stocks to buy today: MCX, IndusInd Bank among top 6 trading ideas for 6 February 2025

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[hfe_template id='11223'] [ad_1] Indian benchmark equity indices opened higher on Thursday, driven by gains in financial and IT stocks, as optimism over a potential rate cut later this week to boost economic growth outweighed concerns about global trade uncertainty. At around 9:19 am, the BSE Sensex was up 151 points, or 0.19%, at 78,422, while the Nifty50 gained 34 points, or 0.14%, to trade at 23,730. "After a positive opening, Nifty can find support at 23,600 followed by 23,500 and 23,400. On the higher side, 23,800 can be an immediate resistance, followed by 23,900 and 24,000," said Hardik Matalia, Derivative Analyst at Choice Broking. “The market is moving into a consolidation phase on expectations of a pick up in growth in the coming quarters. In the near-term the market is likely to get a mild boost from a possible 25 bp rate cut by the MPC tomorrow. Even though steadily depreciating INR doesn’t provide a favourable macro backdrop for a rate cut, the MPC...

​Technical Breakout Stocks: How to trade Glenmark Pharma, Oil India and MCX on Monday - Market Summary

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[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 178.62 03:59 PM | 30 Aug 2024 -1.32(-0.74%) One97 Communications Share Price 621.9 03:59 PM | 30 Aug 2024 67.4(12.16%) YES Bank Share Price 23.61 03:59 PM | 30 Aug 2024 -0.13(-0.51%) ITC Share Price 501.9 03:59 PM | 30 Aug 2024 -3.21(-0.64%) HDFC Bank Share Price 1636.9 03:59 PM | 30 Aug 2024 -1.65(-0.11%) Tata Motors Share Price 1111.35 03:59 PM | 30 Aug 2024 -10.31(-0.92%) Zomato Share Price 250.53 03:59 PM | 30 Aug 2024 -1.82(-0.72%) Adani Enterprises Share Price 3019.35 03:57 PM | 30 Aug 2024 -0.81(-0.03%) Infosys Share Price 1943.7 03:59 PM | 30 Aug 2024 10.36(0.54%) Reliance Industries Share Price 3019.25 03:59 PM | 30 Aug 2024 -22.6(-0.75%) Adani Power Share Price 632.05 03:59 PM | 30 Aug 2024 -12.25(-1.91%) Vedanta Share Price 468.45 03:59 PM | 30 Aug 2024 5.06(1.09%) Indian Renewable Energy Development Agency Share Price 241.5 03:59 PM | 30 Aug 2024 -13.25(-5.21%) NHPC Share Price 96...

Federal Bank shares: Federal Bank, ONGC among 5 stocks with short buildup - Short Buildup

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[hfe_template id='11223'] [ad_1] Indian Railway Finance Corporation Share Price 183.44 04:12 PM | 26 Jul 2024 -0.13(-0.07%) One97 Communications Share Price 509.05 03:59 PM | 26 Jul 2024 46.25(10.0%) YES Bank Share Price 24.97 03:59 PM | 26 Jul 2024 0.35(1.43%) ITC Share Price 502.2 03:59 PM | 26 Jul 2024 12.25(2.51%) HDFC Bank Share Price 1618.15 04:07 PM | 26 Jul 2024 1.56(0.1%) Tata Motors Share Price 1118.3 04:12 PM | 26 Jul 2024 27.35(2.51%) Zomato Share Price 224.62 04:12 PM | 26 Jul 2024 5.32(2.43%) Adani Enterprises Share Price 3080.5 03:59 PM | 26 Jul 2024 107.0(3.6%) Infosys Share Price 1878.9 04:12 PM | 26 Jul 2024 54.06(2.97%) Reliance Industries Share Price 3018.05 03:59 PM | 26 Jul 2024 33.25(1.12%) Adani Power Share Price 712.65 03:59 PM | 26 Jul 2024 17.45(2.52%) Vedanta Share Price 444.5 04:12 PM | 26 Jul 2024 13.61(3.16%) Indian Renewable Energy Development Agency Share Price 258.03 04:12 PM | 26 Jul 2024 -3.16(-1.21%) NHPC Share Price 104.62 04:12 PM |...