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MCX gains as Bombay Bullion Association mulls buying its 5% stake

02 Jan 2014 Evaluate

Multi Commodity Exchange of India (MCX) is currently trading at Rs 497.00, up by 4.50 points or 0.91% from its previous closing of Rs 492.50 on the BSE.

The scrip opened at Rs 495.45 and has touched a high and low of Rs 513.85 and Rs 495.00 respectively. So far 8,06,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1497.00 on 02-Nov-2012 and a 52 week low of Rs 238.30 on 19-August-13.

Last one week high and low of the scrip stood at Rs 513.85 and Rs 431.00 respectively. The current market cap of the company is Rs 1900 crore.

The promoters holding in the company stood at 26.00% while Institutions and Non-Institutions held 52.01% and 21.99% respectively.

Bombay Bullion Association is planning to buy 5% stake in Multi Commodity Exchange of India (MCX) along with a consortium that plans to bid for a controlling stake in the exchange. This move comes on MCX board having directed the exchange’s promoter Financial Technologies (FT) to cut its stake to 2% from 26% last month.

Moreover, Universal Commodity Exchange (UCX) is also in talks to acquire Financial Technologies’ stake in Multi Commodity Exchange of India (MCX).

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

Multi Commodity Exch Share Price

2766.45 98.25 (3.68%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Motilal Oswal Fin 757.10
Angel One 280.70
IIFL Capital Service 282.55
Nuvama Wealth 1296.30
Share India Sec. 143.10
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