MCX shares soar to fresh record as gold lifts momentum and profits surge

Profits jumped fourfold, but analysts still doubt upside

MCX shares climbed to a new high as investors cheered results and the tailwind from rising gold and silver prices. The exchange posted a fourfold jump in net profit and a threefold rise in revenue, reinforcing confidence even as the broader market stayed weak. Still, some analysts hold back, keeping a cautious view on what happens next.