MCX Share Price Hits New High Amid 1:5 Stock Split
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MCX Share Price Hits New High Amid 1:5 Stock Split

Multi Commodity Exchange of India (MCX) shares reached a new high of 2,277, gaining 4% on the BSE, as the stock turned ex-date for a 1:5 split. This split aims to improve liquidity and retail investor participation by dividing each 10 face value share into five 2 face value shares. Over the past year, MCX has significantly outperformed the BSE Sensex, soaring 80% compared to the Sensex's 7% rise.

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