INDIA, Nov. 25 -- This company India's leading commodity derivatives exchange which offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem is now in the spotlight after Axis Capital gave a target of Rs. 12,500 per share.

With market capitalization of Rs. 50,258 cr, the shares of Multi Commodity Exchange of India Ltd are currently trading at Rs. 9,855 per share, from its previous close of Rs. 9,865 per share.

Axis Capital on MCX Axis Capital has initiated coverage on Multi Commodity Exchange of India Limited (MCX) with a Buy rating and a price target of Rs. 12,500, representing an upside potential of 27% from current levels.

Axis Capital forecasts MCX's earnings to grow at a 44% c...