03 Oct 2025 | 3 Mins Read
MCX shares surge 2.5%, hit 6-week high on strong earnings forecast
Flipitmoney
MCX shares rose up to 2.5% to Rs 8,198 apiece, a six-week high, on October 3 following UBS' forecast of 32% YoY earnings rise in the September quarter. UBS estimates a 35% growth in transaction fee revenue, with a "buy" call and Rs 10,000 price target, representing up to a 23% upside. Market capitalisation is Rs 41,350 crore.