MCX - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.3
| Stock Code | MCX | Market Cap | 62,086 Cr. | Current Price | 2,435 ₹ | High / Low | 2,706 ₹ |
| Stock P/E | 86.0 | Book Value | 81.8 ₹ | Dividend Yield | 0.25 % | ROCE | 31.9 % |
| ROE | 23.9 % | Face Value | 2.00 ₹ | DMA 50 | 2,214 ₹ | DMA 200 | 1,794 ₹ |
| Chg in FII Hold | 1.64 % | Chg in DII Hold | -1.34 % | PAT Qtr | 307 Cr. | PAT Prev Qtr | 156 Cr. |
| RSI | 55.1 | MACD | 69.2 | Volume | 1,07,06,500 | Avg Vol 1Wk | 1,06,12,069 |
| Low price | 882 ₹ | High price | 2,706 ₹ | PEG Ratio | 1.90 | Debt to equity | 0.00 |
| 52w Index | 85.2 % | Qtr Profit Var | 151 % | EPS | 28.3 ₹ | Industry PE | 64.8 |
📊 MCX demonstrates strong swing trading potential. The stock is currently at 2,435 ₹, trading well above its 50 DMA (2,214 ₹) and 200 DMA (1,794 ₹), confirming bullish momentum. RSI at 55.1 suggests moderate strength without being overbought, while MACD at 69.2 supports continued upward momentum. Fundamentals are solid with ROCE at 31.9% and ROE at 23.9%. The sharp rise in quarterly PAT (156 Cr. → 307 Cr.) strengthens confidence, though high P/E (86.0 vs industry 64.8) and low dividend yield remain valuation concerns.
✅ Optimal Entry Price: 2,400–2,430 ₹ (near short-term support)
🚪 Exit Strategy (if already holding): Consider booking profits around 2,650–2,700 ₹ (near resistance zone), or exit if price falls below 2,350 ₹ with strong volume.
Positive
- 💡 Strong ROCE (31.9%) and ROE (23.9%) highlight efficient capital use.
- 📈 EPS of 28.3 ₹ reflects earnings strength.
- 📊 PAT surged 151% quarter-on-quarter (156 Cr. → 307 Cr.).
- 💰 Debt-free balance sheet (Debt-to-equity 0.00).
- 📦 FII holding increased by 1.64%, showing foreign investor confidence.
Limitation
- ⚠️ High P/E (86.0) compared to industry average (64.8).
- 📉 Dividend yield of only 0.25% offers limited income appeal.
- 🔻 Book value at 81.8 ₹ is far below current market price, indicating premium valuation.
Company Negative News
- 📉 DII holding decreased by -1.34%.
- 📉 Valuation stretched relative to fundamentals.
Company Positive News
- 📊 Strong quarterly profit growth (+151%).
- 💰 Debt-free structure enhances financial stability.
- 📈 Stock trading above both 50 DMA and 200 DMA, showing strong momentum.
Industry
- 🏭 Industry P/E at 64.8 indicates sector is moderately expensive.
- 📦 Exchange and financial services sector benefits from rising trading volumes and market activity.
Conclusion
⚖️ MCX is a fundamentally strong, debt-free company with robust profit growth and bullish technical signals, making it a good candidate for swing trading. Entry near 2,400–2,430 ₹ offers favorable risk-reward, with exit targets around 2,650–2,700 ₹. Caution advised if price breaks below 2,350 ₹, as momentum could weaken.