Ms. Praveena Rai has assumed the role of MD & CEO of Multi Commodity Exchange of India on 31 October 2024.Powered by Capital Market - Live

The domestic equity indices traded in positive terrain with significant gains on Muhrat Trading Day. The Nifty above the 24,300 level. At 18:45 IST, the barometer index, the S&P BSE Sensex, advanced 322.39 points or 0.41% to 79,711.45. The Nifty 50 index added 97.95 points or 0.40% to 24,303.30. In the broader market, the S&P BSE Mid-Cap index rose 0.74% and the S&P BSE Small-Cap index jumped 1.27%. The market breadth was strong. On the BSE, 3,060 shares rose and 451 shares fell. A total of 88 shares were unchanged. Buzzing index: The Auto index jumped 1.25% to 23,807.90. the index declined 0.34% in the past trading session. Mahindra & Mahindra (up 3.06%), Tata Motors (up 1.21%), Eicher Motors (up 1.21%), Samvardhana Motherson International (up 0.92%), Balkrishna Industries (up 0.72%), MRF (up 0.69%), TVS Motor Company (up 0.66%), Hero MotoCorp (up 0.64%), Exide Industries (up 0.64%) and Bajaj Auto (up 0.55%) advanced. Stocks in Spotlight: Multi Commodity Exchange of India (MCX) rose 0.24%. The company announced the appointment of Praveena Rai as the MD & CEO of the company for a period of 5 years, with effect from her joining the office. Narayana Hrudayalaya declined 1.74%. The company's consolidated total operating revenue was Rs 1400 crore for Q2 FY25 as compared to Rs 1305.2 crore in the corresponding period of the previous year, reflecting a growth of +7.3 % YoY and +4.4% QoQ. PAT stood at Rs 198.8 crore, reflecting a margin of 14.2% as compared to Rs 226.7 crore in Q2 FY24, translating into a change of -12.3% YoY and -1.3% QoQ. Tata Investment Corporation added 0.17%. The company's consolidated net profit was almost flat Rs 123.69 crore in Q2 FY25 as against Rs 124.44 crore in Q2 FY24. Total revenue from operations rose 15.03% YoY to Rs 142.48 crore in Q2 FY25.Powered by Capital Market - Live

Net profit of Multi Commodity Exchange of India reported to Rs 153.62 crore in the quarter ended September 2024 as against net loss of Rs 19.07 crore during the previous quarter ended September 2023. Sales rose 72.96% to Rs 285.58 crore in the quarter ended September 2024 as against Rs 165.11 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales285.58165.11 73 OPM %62.83-18.00 - PBDT205.02-10.87 LP PBT190.99-17.44 LP NP153.62-19.07 LP Powered by Capital Market - Live

Multi Commodity Exchange of India Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 6445.7, up 0.55% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 25137.7. The Sensex is at 82005.67, up 0.77%. Multi Commodity Exchange of India Ltd has added around 15.25% in last one month. Meanwhile, Nifty Financial Services index of which Multi Commodity Exchange of India Ltd is a constituent, has added around 0.62% in last one month and is currently quoting at 23612.55, up 0.96% on the day. The volume in the stock stood at 2.26 lakh shares today, compared to the daily average of 5.91 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 6465.65, up 0.69% on the day. Multi Commodity Exchange of India Ltd is up 193.37% in last one year as compared to a 27.4% gain in NIFTY and a 20.32% gain in the Nifty Financial Services index.The PE of the stock is 301.52 based on TTM earnings ending June 24.Powered by Capital Market - Live

Multi Commodity Exchange of India will hold a meeting of the Board of Directors of the Company on 19 October 2024.Powered by Capital Market - Live

Securities in F&O Ban : Aditya Birla Fashion and Retail (ABFRL), Granules India, Hindustan Copper, Vodafone Idea, India Energy Exchange (IEX). Stocks to watch: Multi Commodity Exchange of India (MCX) has revised its transaction fees on futures and options contracts effective from 1 October 2024. Futures contracts to see a transaction fee of Rs 2.10 per lakh of turnover value and for options contracts Rs 41.80 per lakh of premium turnover value. HDFC Life Insurance Company's board approved the raising of Rs 2,000 crore through NCDs. Delta Corp board approved the demerger and listing of hospitality and real estate business into Delta Penland. Shareholders will receive one share of Delta Penland for every share held in Delta Corp. Gillette India's distributor, P&G Bangladesh terminated the distribution agreement effective from 31 December 2024. The company will have the impact of the proportionate drop in net sales. Net sales under the agreement accounted for 2% of total net sales. Mazagon Dock Shipbuilder commenced the production activity for the first multi purpose cargo vessel for Navi Merchants, Denmark. PC Jeweller board to consider a stock split on 30 September 2024. Hariom Pipes board approved raising up to Rs 700 crore via equity or other securities. Zee Media board will meet on 27 September 2024 for fundraising.Powered by Capital Market - Live