MCX shares rise 5 percent as SEBI mulls deeper participation
The company has a total market capitalisation of Rs.40,634.23 crore
The shares of Multi-Commodity Exchange (MCX) surged over 5 percent after the Securities and Exchange Board of India (SEBI) said it was mulling over a plan to allow banks and pension funds to trade commodities.
The commodity trading platform’s stock rose 5.09 percent to Rs.8.035 per share, the biggest intraday rise since 1 September in 2025. The stock pared gained to trade 4.7 percent higher at Rs.8.011 apiece, compared to a 0.37 percent advance in Nifty 50.
Since August 2025, the shares of the company rose to the highest level, currently trading at 2.6 times the average 30-day trading volume. The counter rose 27 percent, compared to a 7 percent advance in the benchmark Nifty 50.
MCX has a total market capitalisation of Rs.40,634.23 crore.
According to SEBI Chairman, Tuhin Kanta Pandey, the regulator intends to banks, insurance companies and pension funds to participate in commodity derivatives. He added that the regulator was considering allowing foreign investors to trade in non-agriculture, non-cash settled derivative contracts.
He said that SEBI would engage with the government on its plan for domestic institutions to trade commodity derivatives, adding that they had formed a panel to consider ways to deepen participation in farm and non-farm derivatives.
Meanwhile, early this year, MCX had launched electricity futures contracts.
The introduction of electricity derivatives indicated a potential revenue contribution of 3-12 percent. Market analysts said that on new silver options, good traction was expected, given the preference for near-to-expiry contracts.
The commodity exchange reported a profit after tax (PAT) of Rs.203.19 crore during the quarter ended 30 June 2025, up 83 percent from Rs.110.92 crore reported in the corresponding period of the previous financial year. The revenue from operations figure was Rs.373.21 crore during the quarter under review, marking a year-on-year growth of 59 percent, from Rs.234 crore in Q1 FY 2025.
MCX’s total income for the quarter under review was Rs.405.82 crore, as against Rs.253.19 crore reported in the first quarter of FY 2025, indicating a rise of 60 percent. The Average Daily Turnover (ADT) of futures and options (F&O) increased by 80 percent year-on-year to Rs.3,10,775 crores from Rs.1,72,759 crore.