Latest news with #SilverMini
Mint
04-08-2025
- Business
- Mint
MCX share price jumps 4% after strong Q1 results 2025, stock split announcement. Do you own?
Multi Commodity Exchange Of India (MCX) share price jumped over 4.56 per cent to ₹ 7,941 in Monday's trading session after the company announced first ever stock split, along with strong quarterly results. MCX shares have remained volatile in short-term. The stock has given significant gains by surging over 36 per cent in six month, however, has descended nearly 11 per cent in a month. MCX posted a consolidated net profit of ₹ 203.20 crore, marking an 83 per cent increase compared to ₹ 111 crore in the corresponding period last year. Operational revenue grew 60 per cent year-on-year to ₹ 373 crore from ₹ 234 crore, while EBITDA surged 82 per cent to ₹ 241.6 crore. EBITDA margins also improved significantly, rising by 870 basis points to 64.7 per cent. The bullion segment increased its contribution to the Average Daily Turnover (ADT) from 23% to 44%, driven by the introduction of new products like Gold Mini and Gold Ten Futures. Following the strong response to its monthly Gold Options contracts, MCX further expanded its offerings by launching monthly expiry contracts for Silver (30 kg) and Silver Mini (5 kg), in partnership with industry stakeholders. Commenting on the financial results, Praveena Rai, Managing Director & CEO, MCX, said, 'We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts." Alongside the announcement of its June quarter results, the company's board approved a stock split, dividing one equity share with a face value of ₹ 10 into five equity shares with a face value of ₹ 2 each. This marks the first stock split in the company's history and is subject to necessary statutory, regulatory, and shareholder approvals. The record date for the split will be determined following shareholder approval and will be announced later. MCX stated that the objective of the split is to improve affordability and increase accessibility of its shares for retail investors. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
03-08-2025
- Business
- Time of India
Why Indian investors should look at Silver in 2025: The metal poised for growth
Amid ongoing economic uncertainty, currency fluctuations, and the global green energy transition, silver is gaining renewed traction among Indian investors. Traditionally seen as the "poor cousin" of gold, silver is now stepping into the spotlight—not just as a precious metal, but as a high-demand industrial commodity. With prices surging and ETFs gaining popularity in India, silver could be a smart portfolio addition in 2025. According to the Silver Institute, global silver demand is projected to exceed 1.2 billion ounces in 2025, driven by its critical role in solar energy, electric vehicles (EVs), and industrial electronics. Globally, silver is trading around $32.50/oz (₹2,700 per 10 grams) as of July 2025, up 18% YoY. In India, prices have crossed the ₹90,000 per kg mark—an increase of over 20% year-on-year, outperforming many traditional investment instruments like FDs and even short-term gold returns. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thon Ba Mo: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo What's fueling silver's rise? 1. Clean energy push India's ambitious renewable energy targets—500 GW of non-fossil fuel capacity by 2030—will require massive investments in solar infrastructure, where silver is a core material. Each solar panel uses 15–20 grams of silver, and demand is expected to grow in tandem with the government's Production Linked Incentive (PLI) schemes in renewables and semiconductors. 2. EV adoption in India As per NITI Aayog estimates, India aims for 30% EV penetration in private vehicles by 2030. EVs use 2–3x more silver than internal combustion vehicles, particularly in connectors and control systems. This will significantly raise domestic industrial silver consumption. 3. A hedge against inflation and Rupee weakness With domestic inflation averaging above 5%, and the rupee hovering near ₹84/USD, silver offers a hedge both against purchasing power erosion and currency depreciation. Unlike gold, silver also benefits from industrial utility, providing dual upside potential. Live Events 4. Limited domestic supply India imports over 60% of its silver requirements, making it highly sensitive to global supply-demand shifts. With mining output stagnant globally and industrial demand booming, prices are expected to remain firm or trend upward over the medium term. Investment Avenues for Indians: Indian investors now have multiple regulated and accessible ways to invest in silver: Silver ETFs: Introduced in 2022, these are seeing growing traction. The total Assets Under Management (AUM) in Indian silver ETFs have grown over 70% YoY (AMFI, Q2 2025). Silver futures : MCX Silver and Silver Mini contracts offer high liquidity. Trading volumes have risen by 35% in the past year, reflecting investor interest in short- to medium-term silver price movement. Digital silver : Offered by fintech platforms, allows fractional ownership and ease of buying/selling, particularly for younger investors. Physical silver: Coins, bars, and jewellery still hold cultural and emotional value—especially during Akshaya Tritiya, Dhanteras, and weddings. Potential Sovereign Silver Bonds: If introduced on the lines of Sovereign Gold Bonds ( SGBs ), they could offer an attractive fixed return alongside price appreciation and tax benefits. Risks to Be Aware Of: While the fundamentals look strong, silver is inherently more volatile than gold. Key risks include: Price swings due to global economic data or Fed policy Geopolitical tensions affecting imports Speculative trading in futures markets Investors are advised to keep silver as part of a diversified portfolio—ideally 5–10%, depending on risk appetite and time horizon. Conclusion: As India accelerates its clean energy and EV push, silver is set to play a critical role—not just in industry, but in wealth creation. For Indian investors seeking alternatives beyond gold, stocks, and FDs, silver offers an opportunity to participate in the next industrial and economic wave—with the added shine of inflation protection and global tailwinds. (The author, Inderbir Singh Jolly is CEO at PL Wealth Management)
Mint
01-08-2025
- Business
- Mint
MCX Q1 Results: Net profit soars 83% YoY to ₹203 crore; board approves stock split of 1:5 ratio
Multi Commodity Exchange of India (MCX), the country's leading commodity derivatives exchange, announced its financial performance for the June quarter on August 1, reporting a consolidated net profit of ₹ 203.20 crore, an 83% jump from ₹ 111 crore in the same period last year. Revenue from operations rose 60% YoY to ₹ 373 crore from ₹ 234 crore, while EBITDA increased 82% to ₹ 241.6 crore, with margins expanding by 870 basis points to 64.7%. The bullion segment boosted its share in Average Daily Turnover (ADT) from 23% to 44%, supported by the launch of new variants such as Gold Mini and Gold Ten Futures. Building on the positive response to its monthly Gold Options contracts, MCX also introduced Silver (30 kg) and Silver Mini (5 kg) monthly expiry contracts in collaboration with industry participants. Overall, ADT of futures and options surged 80% YoY to ₹ 3,10,775 crore from ₹ 1,72,759 crore. As per FIA data, MCX advanced to the position of the world's sixth-largest commodity exchange in 2024, up from seventh in 2023. Commenting on the financial results, Ms. Praveena Rai, Managing Director & CEO, MCX, said, 'We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts." "We introduced new contracts, including electricity futures, and expanded the contracts in the bullion and agri segments, broadening the risk management spectrum for our stakeholders. We continue to work closely with our regulators and members to develop the commodity derivative market, improve physical market linkages, and enhance transparency. We remain focused on continuously strengthening technology and risk frameworks, which are an imperative and will serve us well in times to come," he further added. Along with announcing its June quarter results, the board also approved a subdivision (stock split) of one equity share of face value ₹ 10 each into five equity shares of face value ₹ 2 each. This will be the first-ever stock split in the company's history, subject to statutory, regulatory, and shareholder approvals. The record date for the stock split will be decided after shareholder approval and announced in due course. According to MCX, the move aims to enhance stock affordability and make shares more accessible to retail investors.
Mint
01-08-2025
- Business
- Mint
MCX Q1 Results: Net profit soars 83% YoY to ₹203 crore; board approves stock split of 1:5 ratio
Multi Commodity Exchange of India (MCX), the country's leading commodity derivatives exchange, announced its financial performance for the June quarter on August 1, reporting a consolidated net profit of ₹ 203.20 crore, an 83% jump from ₹ 111 crore in the same period last year. Revenue from operations rose 60% YoY to ₹ 373 crore from ₹ 234 crore, while EBITDA increased 82% to ₹ 241.6 crore, with margins expanding by 870 basis points to 64.7%. The bullion segment boosted its share in Average Daily Turnover (ADT) from 23% to 44%, supported by the launch of new variants such as Gold Mini and Gold Ten Futures. Building on the positive response to its monthly Gold Options contracts, MCX also introduced Silver (30 kg) and Silver Mini (5 kg) monthly expiry contracts in collaboration with industry participants. Overall, ADT of futures and options surged 80% YoY to ₹ 3,10,775 crore from ₹ 1,72,759 crore. As per FIA data, MCX advanced to the position of the world's sixth-largest commodity exchange in 2024, up from seventh in 2023. Commenting on the financial results, Ms. Praveena Rai, Managing Director & CEO, MCX, said, 'We began this financial year on a positive note, demonstrating resilience, adaptability, and strategic focus amid a continuously evolving market environment. We've also witnessed increased participation from institutional clients and hedgers, especially from the MSME sector and physical market players, with our awareness and product innovation efforts." "We introduced new contracts, including electricity futures, and expanded the contracts in the bullion and agri segments, broadening the risk management spectrum for our stakeholders. We continue to work closely with our regulators and members to develop the commodity derivative market, improve physical market linkages, and enhance transparency. We remain focused on continuously strengthening technology and risk frameworks, which are an imperative and will serve us well in times to come," he further added. Along with announcing its June quarter results, the board also approved a subdivision (stock split) of one equity share of face value ₹ 10 each into five equity shares of face value ₹ 2 each. This will be the first-ever stock split in the company's history, subject to statutory, regulatory, and shareholder approvals. The record date for the stock split will be decided after shareholder approval and announced in due course. According to MCX, the move aims to enhance stock affordability and make shares more accessible to retail investors. Disclaimer: The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
