SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MCX edges higher after receiving SEBI’s approval to launch rubber futures contracts

03 Dec 2020 Evaluate

Multi Commodity Exchange Of India is currently trading at Rs. 1572.60, up by 3.15 points or 0.20% from its previous closing of Rs. 1569.45 on the BSE.

The scrip opened at Rs. 1575.00 and has touched a high and low of Rs. 1594.75 and Rs. 1570.80 respectively. So far 17733 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1875.00 on 26-Oct-2020 and a 52 week low of Rs. 805.05 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1640.00 and Rs. 1551.00 respectively. The current market cap of the company is Rs. 8034.79 crore.

The Institutions and Non-Institutions held 77.98% and 22.02%, stake in the company respectively.

Multi Commodity Exchange of India (MCX) has received approval from markets regulator Securities and Exchange Board of India (SEBI) for the launch of futures trading in natural rubber.

The exchange will launch the rubber futures at the earliest as this product holds special significance for market participants given the huge market size for natural rubber in India in terms of production and imports. Rubber futures contracts will be available for compulsory delivery for investors who are keen to trade in rubber quality of 'Ribbed Smoked Sheets4' for a minimum lot size of 1 tonne.

MCX, the leading commodity bourse, largely offers futures trading in nonagricultural commodities. The exchange contributes maximum business to the total turnover of the commodity futures market.

Multi Commodity Exch Share Price

2855.45 -4.65 (-0.16%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Motilal Oswal Fin 815.95
Angel One 323.35
IIFL Capital Service 313.40
Nuvama Wealth 1403.20
Share India Sec. 147.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×