MCX- (High Operating Leverage ready to kick start ) CMP 888.70 Dated

MCX- (High Operating Leverage ready to kick start ) CMP 888.70 Dated 8/5/2016

Rasmeet XFV Factor on MCX

X: - Rare Monopoly Business in today's competitive arena with 83% market Share, Digital Online trading business with high Operative Leverage

F: - Multiple triggers are there with option trading; new participant like Banks/FII, Rebound of commodity prices, CME (world largest derivative exchange) planning to increasing stake to 15%, Volumes will multiply manifold trigger high operative leverage in coming years

V: - Not Very Cheap as it trades around PE of 30 for FY17 Earning, but multiple triggers provide benefit on long term basis, prefer to buy at this price also & on all dips

Disclosures: View expressed here reflects my personal views & there may be inaccuracy of data represented here but one has to do his own research before taking any investment decision