{"id":114542,"date":"2023-11-28T16:30:41","date_gmt":"2023-11-28T11:00:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114542"},"modified":"2023-11-28T16:30:46","modified_gmt":"2023-11-28T11:00:46","slug":"monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/","title":{"rendered":"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3115417901\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2276834486\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 15,960.96 Crores. Multi Commodity Exchange of India Ltd, On Tuesday, The shares closed at Rs 3,219.70 a share, an increase of 6.85 percent from the previous closing price.&nbsp;<\/p><p>According to the company filing, Multi Commodity Exchange of India Ltd decided to recover technology costs for the old platform from MCXCCL as per the existing Resource Sharing Agreement, only till October 15, 2023, on a \u201cpay for use basis\u201d, from October 16, 2023, to December 31, 2023, MCX will bear the remaining expenses, which amount to approximately Rs. 35 crores on the old platform.&nbsp;<\/p><p>Furthermore, it is suggested that MCXCCL receive an unsecured loan or intercorporate deposit of up to Rs. 25 crores for a maximum of six months, as needed, to meet their operational needs.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-682153491\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Looking into the company&#8217;s performance, Multi Commodity Exchange of India Ltd&#8217;s revenue increased by 29 percent from Rs 127 Crore in Q2FY23 to Rs 165 Crore in Q2FY24. During the same period, net profits decreased from Rs 63 crore to a loss of Rs 19 crore.&nbsp;<\/p><p>In the most recent fiscal year, Multi Commodity Exchange of India Ltd. disclosed return ratios of 10.3% for return on equity and 13.2% for return on capital employed.&nbsp;<\/p><p>The share price of Multi Commodity Exchange of India Ltd has increased by 125 percent in the last six months and 115 percent in the year to date. For instance, if an investor invested Rs 1 lakh a year to date the current value will be 2.25 lakhs.&nbsp;<\/p><p>Multi Commodity Exchange of India Ltd\u2019s recent shareholding pattern, The domestic Institutional Investors own 56.45 percent while Retail shareholders own an 18.09 percent stake in the company and Foreign Institutional Investors own a 25.33 percent stake.&nbsp;<\/p><p>The first listed exchange in India is the Multi Commodity Exchange of India Ltd. It&#8217;s an online commodity derivatives exchange that makes it easier to trade commodity derivatives, offering a platform for risk management and price discovery.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2372524976\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1780293649\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.&nbsp; With a market capitalization of Rs 15,960.96 Crores. Multi Commodity Exchange of India Ltd, On Tuesday, The shares closed at Rs 3,219.70 a share, an increase of 6.85 percent [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12613,9131,948,936],"class_list":["post-114542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-mcx-latest-news","tag-mcx-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monopoly stock jumps 8% after company announces to recover technology costs for the old platform - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform\" \/>\n<meta property=\"og:description\" content=\"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-28T11:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-28T11:00:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/\",\"url\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/\",\"name\":\"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"datePublished\":\"2023-11-28T11:00:41+00:00\",\"dateModified\":\"2023-11-28T11:00:46+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform - Trade Brains Features","description":"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/","og_locale":"en_US","og_type":"article","og_title":"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform","og_description":"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-28T11:00:41+00:00","article_modified_time":"2023-11-28T11:00:46+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/","url":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/","name":"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","datePublished":"2023-11-28T11:00:41+00:00","dateModified":"2023-11-28T11:00:46+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of this small-cap company gained up to 8 percent after the company announced the recovery of technology costs for the old platform from MCXCCL.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/monopoly-stock-jumps-8-after-company-announces-to-recover-technology-costs-for-the-old-platform\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Monopoly stock jumps 8% after company announces to recover technology costs for the old platform"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=114542"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114542\/revisions"}],"predecessor-version":[{"id":114543,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114542\/revisions\/114543"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/69898"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=114542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=114542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=114542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}