* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
A professionally managed online commodity exchange, National Commodity & Derivatives Exchange Limited came into being on April 23, 2003, and started its operations as a public limited company on December 15, 2003. NCDEX became a recognized stock exchange under the regulation of the Securities and Exchange Board of India (under the Securities Contracts Regulation Act, 1956). Its function is to provide an efficient platform for price discovery and price risk management.
NCDEX prices are considered a benchmark in the national and international commodity markets. Technology is the prime element that determines the functioning of an organization.
Being a renowned and well-established name in the commodity market, the organization continues to gain significant financial growth, in turn giving its shareholders significant benefits via stock trading in financial markets.
NCDEX is an online commodity and derivatives exchange platform. It has a separate and independent board of directors, but it is owned by the Indian government’s Ministry of finance. The exchange has not been able to make a profit in the last few years but the major reason for this is the fact that the Indian government banned the exchange of some farm commodities like Wheat, Mustard and its derivatives, Soya and its derivatives, Chana and many more.
NCDEX is the primary commodity exchange in India and is run by a board of independent directors functioning under the rules and regulations laid by the Securities Exchange Board Of India. The main area of trading under NCDEX is agricultural commodities, and it has 848 registered members with a client base of more than 20 lakhs.
The company’s authorized capital is Rs. 70,00,00,000/-, and the issued, subscribed, and paid-up capital aggregated to Rs. 50,67,60,000/-. If you want to invest in NCDEX Shares, then check out ncdex unlisted share price. The current NCDEX Unlisted Share Price is Rs. 201 per share.
When it comes to NCDEX share prices, the interesting thing is that the share price has been stable for a long time until April 2024. In January 2023, the share price of NCDEX was around ₹400 and after 14 months, the share price decreased to Rs 285 on April 24.
Policy measures in India imposed an export ban of Indian Basmati Rice and Sugar in
financial year 2023-24. Production of grains and pulses in the last financial year was a tad lower than the financial year 2022-23. A few other additional measures to tame food inflation were the reduction of import duty on certain pulses and edible oils. However, these policy measures are lopsided as they might protect a certain segment on the value chain but miss the other segments. This may have affected the downside of ncdex share price.
The National Commodity & Derivatives Exchange Limited operates with an independent Board of Directors and is regulated by the Securities and Exchange Board of India (SEBI).
NCDEX (National Commodity & Derivatives Exchange) faces competition from several exchanges, primarily the Multi Commodity Exchange (MCX), National Spot Exchange Limited (NSEL), and Indian Commodity Exchange Limited (ICEX).
Flourishing in the commodity market, the National Commodity & Derivatives Exchange Limited is a good resort for investors and shareholders due to its pre-dominance and creditworthiness. The company’s financial indicators and profit reports are a green signal for the people who are willing to buy National Commodity & Derivatives Exchange Limited unlisted shares. The operating revenues range of the company was INR 1 crore – 100 crore (as of March 31, 2021), and the EBITDA has also increased by 21.02 % over the previous year. Another positive outlook for the investors to buy the unlisted shares of National Commodity & Derivatives Exchange Limited is the strong pattern of shareholding. The Exchange is backed by major players like SEBI, LIC, NABARD, and others.
The financials of the company have also been quite consistent. In the fiscal year 2023-24, the company generated a revenue of ₹136 crore and had to bear a loss of ₹27 crore. This is much better than the previous year’s loss of ₹43.9 crore. This shows a positive indicator for growth of ncdex share price nse.
However, the thing that makes this company different from others is the fact that the company is backed by the Indian Government and organizations like SEBI, NABARD, LIC and others.
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It’s that simple! So if you also want to buy NCDEX unlisted shares, then you can use Stockify for a hassle-free process.
NCDEX unlisted share price is regularly updated on Stockify. The professionals keep a close eye on market fluctuations and use well-researched techniques to bring the most accurate prices for unlisted shares. Currently, the NCDEX Unlisted Share Price is trading at Rs. 400 per share equity.
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