Multi Commodity Exchange of India Share Price

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Symbol
ALUMINI
Last Traded Price
255.45
Last Traded Date
21-Jan-2025
Unit
KGS
Previous Close
255.8
Price Diff(Change)
[0.35]
Exchange
MCXFUT
Chg (%)
[0.14]
Open
255.55
Category
Metals
High
256.55
Low
253.80
Expiry Date
31-Jan-2025
Value (Rs)
47,67,67,000.00
Volume (Nos)
1,871.00
Open Interest
1,225.00

GAINER / LOSER

21 January , 2025 | 11:48 PM
Top Gainers
icon Commodity icon Unit icon Prev.Close icon LTP(₹) icon Change(%)
Silver
04 Jul 2025
KGS 95,155.00 95,464.00 0.89
Gold
05 Feb 2025
GRMS 78,544.00 78,797.00 0.87
Gold M
05 Feb 2025
GRMS 78,530.00 78,782.00 0.84
Gold
04 Apr 2025
GRMS 79,466.00 79,721.00 0.77
View All Gainer
Top Losers
icon Commodity icon Unit icon Prev.Close icon LTP(₹) icon Change(%)
Aluminium
31 Jan 2025
KGS 256.20 254.10 [0.08]
Alumini
31 Jan 2025
KGS 255.80 253.80 [0.14]
Natural Gas
25 Apr 2025
mmBtu 304.00 303.00 [0.16]
Zinc Mini
31 Mar 2025
KGS 278.05 276.40 [0.23]
View All Loser

Most Active Contracts

Last Updated on: 21 January , 2025 | 11:48 PM
icon Commodity icon Unit icon Volume (Nos) icon Value icon LTP(₹)
Natural Gas
28 Jan 2025
1250 mmBtu 102,469 42,407,655,000 325.80
NATGASMINI
28 Jan 2025
250 mmBtu 81,758 6,771,080,000 325.70
SilverMic Ahmedabad
28 Feb 2025
1 KGS 78,919 7,256,675,000 92,071.00
NATGASMINI
25 Feb 2025
250 mmBtu 27,582 2,041,243,000 292.20
Natural Gas
25 Feb 2025
1250 mmBtu 27,202 10,058,171,000 292.10
See All Active Contracts

Advances/Declines

Last Updated on: 21 January , 2025 | 12:00 AM
  • Decline
  • No Change
  • Advance
48
0
52
icon Category icon Advances icon Declines icon No Change icon Adv / Dec Ratio
Bullion
260 0 100.00
Energy
113 0 0.08
Fibre
20 0 100.00
Index
20 0 100.00
Metals
318 0 0.17
Others
11 0 1.00
See All Advances/Declines

Top Traded Value

Last Updated on: 22 January , 2025 | 06:10 AM
icon Commodity icon Unit icon Prev Close icon LTP icon Change (%) icon Volume (Nos) icon Value
NATURALGAS
Jan 28, 2025
mmBtu332.00328.20

[1.87]

102,46942,407,655,000
GOLD
Feb 05, 2025
GRMS78,544.0078,942.00

0.87

4,81538,042,687,000
SILVER
Mar 05, 2025
KGS91,442.0091,764.00

0.7

9,61026,503,262,000
GOLD
Apr 04, 2025
GRMS79,466.0079,721.00

0.77

1,99115,916,192,000
CRUDEOIL
Feb 19, 2025
BBL6,613.006,645.00

[0.73]

18,02011,863,536,000

Closing Prices

Highs & Lows

Last Updated on: 22 January , 2025 | 06:10 AM
icon Commodity icon Unit icon Prev. Close icon LTP icon Change (%) icon Highs
COPPER
Jan 31, 2025
2500 KGS831.85829.35 (0.2%) 834.65
COPPER
Feb 28, 2025
2500 KGS834.85834.75 (0.19%) 837.6
COPPER
Mar 31, 2025
2500 KGS836.2836 (0.1%) 837.15
COTTONCNDY
Jan 31, 2025
12 CANDY5367054250 (0.02%) 54250
COTTONCNDY
Mar 31, 2025
12 CANDY5452054550 (0.15%) 54600

Currency Quotes

icon Symbol icon Curr Value icon Prev Value icon Change icon Chg(%)
ARS
0.08312 0.08313 0 [0.01]
ATS
6.46176 6.47238 [0.01] [0.16]
AUD
53.6014 53.7631 [0.16] [0.30]
BEF
2.20416 2.20779 0 [0.16]
CAD
59.781 60.2029 [0.42] [0.70]
See All Currency Quotes

What is MCX and How Does it Work?

The Multi Commodity Exchange is an Indian commodity derivatives exchange offering commodity futures trading. It was established in 2003 and has headquarters in Mumbai. Its workings and regulations are governed directly by the Securities and Exchange Board of India. The exchange helps realise price discovery and risk management through trading contracts in a diversified range of items such as gold, natural gas, and agricultural products.

MCX functions on an electronic trading system that ensures smooth and transparent transactions. The exchange offers standardised contracts for commodities, each with a well-defined lot size, expiry date, and settlement mechanism. Access to MCX enables participants to trade against price fluctuations or speculative movements in commodity prices or to diversify investment portfolios.

Demand and supply dynamics, geopolitical events, and macroeconomic events support these movements at the global level. MCX facilitates transparent clearing and settlement, which ensures the integrity of trades and reduces the associated risks.

Factors Affecting Commodity Prices

MCX commodity prices are highly influenced by a range of domestic and international factors:

  • Supply and Demand Dynamics: The most significant driving force behind commodity prices is the supply and demand cycle. A supply surplus may bring down the prices, while increased demand may push them up.
  • Global Economic Trends: Macroeconomic indicators like GDP growth, interest rates and inflation determine the consumers' and industries' purchasing powers, thus influencing commodity prices.
  • Geopolitics: Political instability, sanctions, or conflicts in commodity-rich regions will disrupt supply chains and make prices fluctuate.
  • Currency Fluctuations: Commodities are mostly traded in US dollars. A weaker rupee relative to the dollar makes imports expensive, creating substantial pressure on commodity prices in India.
  • Weather Conditions: Agricultural commodities are extremely susceptible to weather conditions like droughts and floods, which directly affect production.
  • Technological Improvements: Advances in extraction and farming techniques increase supply and drive prices down as time passes.

FAQs

What is the Market Cap of MCX?

MCX market capitalisation is referred to as the total value of all its outstanding shares. This value fluctuates with the movement of stock prices.

What is the P/E ratio of MCX?

The P/E ratio of MCX represents its current stock price in relation to the company's earnings per share (EPS). This measure helps investors determine if the stock is overpriced or underpriced relative to its earnings. The P/E ratio fluctuates according to the company's performance and prevailing market conditions.

What is the PB ratio of MCX?

The PB ratio in MCX measures the stock price in relation to the company's book value per share. Therefore, it is one of the most important metrics to tell if a stock is priced fairly as per its intrinsic value.

How can you buy shares from Multi Commodity Exchange of India Ltd?

An investor will have to set up their Demat and trading account, deposit funds, and place a buy order for MCX shares through any registered stock broker or a trading website. One should always check out the performance of the share before investing in it.

Is MCX a good stock to buy?

An investment decision in MCX can depend on a combination of personal financial objectives, changing market conditions, and the investor's tolerance for risk. This analysis involves observing the company's corporate performance, looking at different valuation metrics such as P/E and PB ratios, and understanding the company's place in the commodity trading industry.

How does MCX earn money?

MCX generates its income through various channels, primarily transaction fees, which it charges on every executed trade on its platform. It also receives membership fees from brokers and traders doing business on the exchange.

What are the key metrics that can help to analyse the share price of Multi Commodity Exchange of India Ltd?

To analyse the share price of MCX, investors should consider key metrics such as Earnings Per Share (EPS), which indicates profitability, and the Price-to-Earnings (P/E) ratio, which helps evaluate valuation. Additionally, the Price-to-Book (PB) ratio measures intrinsic value, while the Dividend Yield highlights returns on investment.

What is MCX market timing?

MCX is open from 9:00 AM to 11:30 PM. During daylight savings in international markets, it goes up to 11:55 PM. This gives traders an opportunity to respond to global price movements and helps them manage their position.

What are the benefits of trading in MCX?

Trading in MCX provides various benefits, such as access to a wide array of commodities, hedging and speculation, and a transparent, regulated environment where trading is conducted. The platform also boasts a solid clearing and settlement system with guaranteed secure transactions and decreased counter-party risks for the seller and buyer.

What is the difference between MCX and NSE?

The two are fundamentally different when it comes to the nature of the products offered. MCX is a commodity exchange dealing specifically in items such as gold, crude oil, and agricultural products. In contrast, the National Stock Exchange (NSE) is primarily a stock exchange that deals in equities, ETFs, bonds, and derivatives.