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MCX rallies 9% to hit 2-year high on strong September quarter results

The company's consolidated net profit doubled to Rs 72 crore in September quarter (Q2FY20), on the back of higher turnover.

Topics
MCX | Buzzing stocks | MCX Q2 profit

SI Reporter  |  Mumbai 



MCX
MCX building in Mumbai

Shares of Multi Commodity Exchange of India (MCX) hit a two-year high of Rs 1,108, up 9 per cent on the BSE on Wednesday after the company’s consolidated net profit doubled to Rs 72 crore in September quarter (Q2FY20), on the back of higher turnover. It had posted profit of Rs 36 crore in the year-ago quarter. The stock was trading at its highest level since October 23, 2017.

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First Published: Wed, October 16 2019. 11:16 IST

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