June 9, 2025: For investors hunting explosive midcap stories, Multi Commodity Exchange of India (MCX) has quietly turned into one of the best-performing stocks on the BSE — and yet, it’s flying just under the radar of the broader market.
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On June 9, 2025, MCX surged to ₹7867.05, clocking a 6% gain in a single day. Its intraday low of ₹7525.1 and high of ₹7970 mark another milestone in what can only be described as a phenomenal breakout year.
📈 Unmatched Momentum Across Time Frames
- 1 Week: +19.67%
- 1 Month: +30.2%
- 3 Months: +69.35%
- 6 Months: +15.31%
- 1 Year: +117.55%
- 3 Years: +503.28%
- 5 Years: +557.97%
This isn’t a flash in the pan. MCX has more than quintupled investor wealth over three years — a return few companies in any sector can match.
🧠 Technical Insights: Riding the Trend
The technical picture supports the bullish narrative:
- Pivot Level: 7671.37
- Resistance: R1: 7817.63 | R2: 7890.77 | R3: 8037.03
- Support: S1: 7598.23 | S2: 7451.97 | S3: 7378.83
What’s more telling? The stock is well above all major moving averages, from short-term 5-day averages to the 200-day long-term lines. This is a textbook bullish signal.
| Time Frame | SMA | EMA |
|---|---|---|
| 5-Day | 6719.64 | 6859.69 |
| 10-Day | 6580.09 | 6702.41 |
| 20-Day | 6375.59 | 6496.54 |
| 50-Day | 5934.98 | 6126.06 |
| 100-Day | 5705.18 | 5906.92 |
| 200-Day | 5847.63 | 5559.71 |
MCX is outperforming all its moving averages — a signal of strong upward momentum, not just noise.
🆚 Sector Comparison: Outshining Indian Energy Exchange (IEX)
While Indian Energy Exchange (IEX) has posted respectable returns:
- 1Y: +28.69%
- 3Y: +18.2%
- 5Y: +276.39%
It simply doesn’t compare to MCX’s 117.55% (1Y) and 503.28% (3Y) gains. That’s nearly 3X the 5-year return of IEX, making MCX a clear sector leader in wealth creation.
💡 The Big Question: Is It Too Late to Buy?
With MCX already breaching its 52-week high of ₹7529.95, and now trading at ₹7867.05, some may ask if the stock has run too far, too fast.
However, the technical momentum, growing volumes, and long-term performance history suggest this could still be early innings for investors with a long-term view — especially if volumes and earnings keep pace with price.
✅ Conclusion: MCX Is No Longer a Hidden Gem — It’s a Midcap Powerhouse
In a market where many stocks dazzle short-term but fade away, MCX is proving it can sustain growth, attract investor confidence, and deliver results year after year. Whether you’re a momentum trader or a long-term investor, this is a chart — and a story — worth watching.