MCX stock drops 4% as first-quarter profit dips from previous period
Shares of MCX slipped 4% following the exchange's announcement of a 22% quarter-on-quarter drop in net profit to ₹413 crore for Q1 FY27, alongside a sequential dip in revenue. Despite this, the company's profit more than doubled compared to the same period last year, driven by increased trading activity. Additionally, the exchange saw significant growth in its average daily turnover and the number of active clients throughout the quarter.
by shortkt.com✓