Buy call to Multi Commodity Exchange of India
HDFC Securities has given a buy call to the Multi Commodity Exchange of India with a target price of Rs. 1900/- is
Currently the market price of this share is Rs. 1326/- is Only 1 year has been given to reach the expected price.
This company was established in 2002 and is a mid cap company. Market Capitalization Rs. 6785.08/- Crore, major product and revenue segment includes fees, other charges, operating revenue.
In the quarter ending June, the company had Rs. 118.05/- Crores with total income showing a decrease of 2.47%. Last year in this quarter, the company had Rs. 108.94/- Crore.
In the company Multi Commodity Exchange of India, promoter holding is 0%, FII 28.19%, DII 46.66%.
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