Shares of Multi Commodity Exchange (MCX) tumbled more than 8% on Monday after the bourse reported a net loss in the december quarter.
The stock of the company plunged 8.34% to trade at Rs 3,511.30 apiece on the BSE.
On the NSE, MCX's shares declined 8.22% to trade at Rs 3,515 per piece.
In the morning session, 30-share index BSE Sensex fell 197.73 points or 0.28% to trade at 71,397.76 points, while NSE Nifty slumped 0.34% to trade at 21,708.65 points.
In a regulatory filing on Saturday, MCX reported a net loss of Rs 5.3 crore compared to a net profit of Rs 39 crore recorded in the year-ago period.
Sequentially, the largest exchange in India's commodity derivatives market segment registered a net loss of Rs 19.07 crore in the July-September quarter.
Its revenue from operations rose 33% to Rs 191.5 crore, compared to Rs 143.6 crore in the same period last year.
RECOMMENDED FOR YOU
Delhi's Air Quality 'Very Poor', Slow Wind Speed Reduces Dispersion Of Pollutants
MCX Silver Recovers To End With Gains After Plunging 10% From Day's High
Stock Market Today: All You Need To Know Going Into Trade On Oct. 15
IT Sector Q2 Result Preview— From Revenue To Margin Outook, How will TCS To Infosys And Other IT Firms Perform
POPULAR