MCX revenue seen rising 19% annually through FY30 on wider investor, product base: Report
· economictimes.indiatimes.com
The Multi Commodity Exchange of India is set to witness a remarkable revenue surge, estimating a compound annual growth rate of 19 percent through FY30. This positive trend is largely attributed to an uptick in investor engagement and the introduction of innovative commodity products. The revenue is expected to reach Rs 39.92 billion by FY29, although the exchange's solid market position could face challenges from regulatory changes and new competitors.
Synopsis
The Multi Commodity Exchange of India is set to witness a remarkable revenue surge, estimating a compound annual growth rate of 19 percent through FY3...