MCX shares tumble 7% even as Q2 net profit surges 130% YoY, revenue more than doubles
viaeconomictimes.indiatimes.com29m ago
MCX shares fell nearly 7% despite reporting 130% growth in second-quarter net profit and a 114% rise in revenue. Jefferies said EBITDA was largely in line with estimates, while higher technology costs and taxes affected the results.
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