New Delhi, May 9 -- MCX stock price in focus today: Multi Commodity Exchange of India (MCX)-the country's leading commodity derivatives exchange - saw its share price tumble nearly 7% in Thursday's trade (May 9), hitting a two-week low of Rs.5,600 apiece. It emerged as the worst performer among Nifty 500 stocks during the session.
This sharp fall in MCX's share price came after the company's March-quarter (Q4FY25) profitability was impacted by rising costs. MCX reported a Q4FY25 net profit of Rs.135 crore, a 54% YoY increase compared to Rs.87.87 crore in the same period last year. However, net profit declined 15% sequentially, from Rs.160.04 crore in Q3FY25.
Total expenses for the quarter rose 64% YoY to Rs.152 crore, primarily due to h...
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