MCX share price surged over 5.6% on June 9, 2025, hitting a fresh all-time high after receiving SEBI approval to launch electricity derivatives. This move marks a significant milestone for India's energy trading ecosystem.
The share price of Multi Commodity Exchange of India Ltd. (MCX) jumped over 5.6% as of 10:13 AM on Monday, June 9, 2025. The stock opened at ₹7,568.50 and went on to register an intraday high of ₹7,845, which is also the all-time high for MCX.
MCX shares extended their rally for the ninth consecutive session following a major announcement by the company. The surge in investor interest comes on the back of a crucial regulatory nod from SEBI, allowing MCX to launch Electricity Derivatives Contracts.
The Securities and Exchange Board of India (SEBI) has granted approval to MCX to launch electricity derivatives, signalling a significant step forward for the Indian energy market. The move reflects the collaborative vision of SEBI and the Central Electricity Regulatory Commission (CERC) to foster a dynamic and efficient power trading ecosystem.
These new derivatives will empower electricity generators, distribution companies, and large consumers to hedge against price volatility and better manage risk in the power sector.
This development is a strong reinforcement of India’s focus on sustainable energy, market-based pricing, and innovation in capital markets. The introduction of electricity derivatives strengthens MCX’s role as a leading platform for commodity trading innovation and aligns with India’s broader developmental goals under the vision of ‘Viksit Bharat’.
Commenting on the announcement, Ms. Praveena Rai, Managing Director and CEO of MCX, stated:
“The introduction of electricity derivatives marks a pivotal development in India’s commodities ecosystem. These contracts will offer participants a reliable, transparent, and regulated platform to manage power price risks, which are becoming more dynamic due to renewables and market-based reforms. With India’s growing focus on renewable energy and open access power markets, electricity derivatives can serve as a vital bridge between the physical and financial sectors."
As of June 2025, MCX shares have gained approximately 19% during the month. On a year-to-date (YTD) basis, the MCX stock price has risen by 25.42%.
Disclaimer: The article is for informational purposes only and not investment advice.