Multi Commodity Exchange of India (MCX) shares surged as much as 3.32% to ₹2,419 apiece in Thursday’s trading session after it announced the removal of additional margins on gold & silver futures. MCX shares opened at ₹2,400 on the NSE today, higher than the previous close of ₹2,341 on Wednesday.
MCX, in a circular issued on Wednesday evening, announced that it will remove the additional 3% margin imposed on all gold futures contracts and the 7% margin on all silver futures contracts.
The removal of the margins will be in effect fromThursday, February 19.
“Additional Margin of 3% levied in Gold Futures (all contracts of all variants) and 7% levied in Silver Futures (all contracts of all variants) shall be withdrawn with effect from Thursday, February 19th, 2026,” the circular said.
NSE Clearing has also issued a circular confirming the withdrawal of margins on gold and silver futures, effective from today, and has advised members to adjust their positions accordingly.
The decision is expected to reduce margin requirements for traders dealing in both gold and silver contracts.
The removal of additional margins essentially means that traders will need less capital to execute trades. Typically, lower margin requirements tend to boost speculative participation in the market and lead to higher intraday trading activity.
The extra margins were imposed to curb sharp volatility in gold and silver prices.
MCX Q3 results 2026 highlights
The multibagger stock recently reported a healthy set of earnings. MCX saw a sharp 151% year-on-year (YoY) rise in consolidated net profit to ₹401 crore for the quarter ended December 31, 2026, compared with ₹160 crore in the same period last year.
Revenue from operations during Q3FY26 climbed 121% YoY to ₹666 crore, up from ₹301 crore in the corresponding quarter of the previous financial year.
On a sequential basis, the company’s net profit jumped 103% from ₹197 crore, while revenue grew 78% quarter-on-quarter (QoQ) from ₹374 crore recorded in the July–September quarter of FY26.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) also increased significantly, rising 144% to ₹527 crore during the quarter under review.
The bullion segment’s contribution to ADT increased to 69% quarter-on-quarter, driven by the launch of new variants such as Gold Mini and Gold Ten Futures.
MCX share price trend
The multibagger stock has remained largely in the green despite a volatile market. The stock has gained over 2% in the past five sessions.
MCX shares have given significant returns of 45% in six months and doubled investors’ money by delivering 113% returns in a year.
Zooming out further, the stock has also delivered exceptional gains of 700% in the last five years and over 827% since its listing.
MCX shares are listed on both BSE and NSE. The multibagger stock hit a 52-week high of ₹2,705 on January 29, 2026, and a 52-week low of ₹881.63 on March 11, 2025.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
About The Author
