MCX - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.4
| Stock Code | MCX | Market Cap | 64,514 Cr. | Current Price | 2,530 ₹ | High / Low | 2,706 ₹ |
| Stock P/E | 89.4 | Book Value | 81.8 ₹ | Dividend Yield | 0.24 % | ROCE | 31.9 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 2,409 ₹ | DMA 200 | 1,974 ₹ |
| Chg in FII Hold | 1.64 % | Chg in DII Hold | -1.34 % | PAT Qtr | 307 Cr. | PAT Prev Qtr | 156 Cr. |
| RSI | 53.1 | MACD | 51.7 | Volume | 47,79,005 | Avg Vol 1Wk | 42,55,242 |
| Low price | 905 ₹ | High price | 2,706 ₹ | PEG Ratio | 1.97 | Debt to equity | 0.00 |
| 52w Index | 90.2 % | Qtr Profit Var | 151 % | EPS | 28.3 ₹ | Industry PE | 54.0 |
Analysis: MCX trades at 2,530 ₹, above its 50 DMA (2,409 ₹) and 200 DMA (1,974 ₹), showing strong bullish momentum. RSI at 53.1 indicates neutral strength, while MACD (51.7) confirms positive momentum. The P/E of 89.4 is significantly higher than the industry average (54.0), suggesting overvaluation. However, fundamentals like ROCE (31.9%), ROE (23.9%), and zero debt strengthen its position. The sharp rise in quarterly PAT (307 Cr. vs 156 Cr.) adds confidence. This makes MCX a moderately good candidate for swing trading, though valuation risk remains.
Optimal Entry Price: Around 2,450–2,500 ₹, close to the 50 DMA support zone.
Exit Strategy (if already holding): Consider exiting near 2,650–2,700 ₹ (recent high zone). Place a stop-loss around 2,400 ₹ to protect against downside.
✅ Positive
- Strong ROCE (31.9%) and ROE (23.9%) show efficient capital use.
- Zero debt-to-equity ratio ensures financial stability.
- Quarterly PAT surged 151%, showing strong earnings momentum.
- EPS of 28.3 ₹ reflects solid profitability.
⚠️ Limitation
- High P/E (89.4 vs industry 54.0) signals overvaluation.
- Dividend yield is low (0.24%), limiting income appeal.
- Book value (81.8 ₹) is far below current price, indicating premium valuation.
📉 Company Negative News
- DII holdings decreased (-1.34%), showing reduced domestic confidence.
📈 Company Positive News
- FII holdings increased (+1.64%), reflecting foreign investor interest.
- Strong quarterly profit growth boosts sentiment.
🏭 Industry
- Industry P/E is 54.0, making MCX relatively expensive.
- Exchange and financial services sector benefits from rising trading volumes and market activity.
🔎 Conclusion
MCX shows strong momentum and fundamentals, making it a fair swing trade candidate despite high valuation. Entry near 2,450–2,500 ₹ is safer, with exit around 2,650–2,700 ₹. Stop-loss at 2,400 ₹ is recommended. While short-term upside exists, investors should be cautious of overvaluation risks.