MCX - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.1
| Stock Code | MCX | Market Cap | 74,282 Cr. | Current Price | 2,913 ₹ | High / Low | 3,041 ₹ |
| Stock P/E | 103 | Book Value | 81.8 ₹ | Dividend Yield | 0.21 % | ROCE | 31.9 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 2,623 ₹ | DMA 200 | 2,144 ₹ |
| Chg in FII Hold | 5.43 % | Chg in DII Hold | -4.81 % | PAT Qtr | 307 Cr. | PAT Prev Qtr | 156 Cr. |
| RSI | 64.7 | MACD | 105 | Volume | 25,19,703 | Avg Vol 1Wk | 24,49,140 |
| Low price | 1,120 ₹ | High price | 3,041 ₹ | PEG Ratio | 2.27 | Debt to equity | 0.00 |
| 52w Index | 93.3 % | Qtr Profit Var | 151 % | EPS | 28.3 ₹ | Industry PE | 69.3 |
MCX shows strong potential for swing trading. The RSI (64.7) and MACD (105) indicate bullish momentum. The current price (₹2,913) is above both the 50 DMA (₹2,623) and 200 DMA (₹2,144), confirming an uptrend. Fundamentals are solid with high ROCE (31.9%) and ROE (23.9%), while quarterly PAT surged (307 Cr vs 156 Cr). However, the very high P/E (103 vs industry 69.3) suggests overvaluation risk.
✅ Optimal Entry Price: Around ₹2,850–2,900, near short-term support.
📤 Exit Strategy: If already holding, consider profit booking near ₹3,000–3,050, or exit if price falls below ₹2,800 support.
🌟 Positive
- Strong ROCE (31.9%) and ROE (23.9%) highlight efficient capital use.
- Quarterly PAT growth of 151% (307 Cr vs 156 Cr) shows robust earnings momentum.
- Zero debt-to-equity ratio ensures financial stability.
- FII holding increased significantly (+5.43%), reflecting foreign investor confidence.
⚠️ Limitation
- High valuation (P/E 103 vs industry 69.3).
- Dividend yield is low at 0.21%.
- DII holding decreased (-4.81%), showing reduced domestic institutional support.
📰 Company Negative News
- No major negative news reported, but valuation remains a concern.
📈 Company Positive News
- Strong earnings growth and momentum indicators support bullish sentiment.
- Healthy trading volumes (25.2 lakh vs avg 24.4 lakh) indicate active participation.
🏭 Industry
- Industry P/E at 69.3 shows MCX trades at a premium.
- Exchange and financial services sector benefits from rising market activity and volatility.
✅ Conclusion
MCX is a strong candidate for swing trading with entry near ₹2,850–2,900 and exit around ₹3,000–3,050. Strong fundamentals and momentum support upside potential, but high valuation requires cautious risk management. Suitable for traders seeking short-term gains in a bullish trend.