Economy
MCX shares slump 7% despite two-fold jump in Q2 net profit
Livemint1h
THE BRIEF
1
Multi Commodity Exchange shares fell 7% on Wednesday due to profit booking after a recent rally, despite reporting a consolidated net profit of ₹455 crore for Q2 FY27.
2
The exchange's total income surged to ₹799.66 crore during the September quarter, up from ₹374.23 crore in the corresponding period last year.
3
Trading activity remained strong with futures average daily turnover at ₹62,819 crore and options average daily turnover reaching ₹12,00,129 crore.