MCX share price news: Shares of MCX rose sharply in Wednesday's session (June 25, 2025) after a foreign brokerage UBS reiterated its 'buy' call on the market infrastructure stock. After scaling the day's high of Rs 8,808.85, rising as much as 7 per cent, the stock as of the last count pared some of its early gains and was up 5.66 per cent at Rs 8,680.5 per share.

Over the past month, MCX stock has zoomed a whopping over 36 per cent, with the share price quoting at Rs 6,457 as on the closing of May 26, 2025.

The brokerage, while continuing with its 'buy' rating on the stock, has upgraded the target price from the earlier Rs 7,000 to Rs 10,000. The new revised target implies an upside of nearly 22 per cent from the last close.

UBS listed favorable market dynamics and new product launches at the company as two major tailwinds supporting the stock's outlook. Besides, volatility in key commodities may also drive volume at the commodity derivatives exchange.

The company recorded strong trading volumes in the first quarter, with futures' average daily value (ADV) increasing 50 per cent sequentially and options premium rising 30 per cent during the same period.

Recently, the company launched electricity derivatives that aimed at aiding power producers, distributors as well as large consumers manage volatilty and hedge price risks. 

The move supports India's ambition to become a developed, energy-secure nation and is a major push for efficiency in the power market. 

HDFC Securities while assigning a buy rating to the stock and a target of Rs 9,040 said MCX presents a compelling growth story, driven by a number of factors including,  new product launches (gold and silver monthly expiry options),  robust pipeline of new products (index and weekly options),  focus on technology and upgrades which enhance network capacity, agility, and speed to market; and increasing institutional participation and hedging activity on the platform. 

As per the Trendlyne data, the consensus recommendation from 8 analysts for Multi Commodity Exchange of India Ltd. is a 'buy'. Also Zee Business Managing Editor gave a buy call on MCX Futures for a target of Rs 8,300, 8,350 and 8,450, keeping stop losss at Rs 2,470.