MCX hits 52-week high as UBS ups target to ₹8000, 23% upside

MCX India Ltd's share price reached a 52-week high of ₹6,695.95 apiece on Monday, rising by 1% after UBS raised its target to ₹8,000 from ₹5,000, suggesting a 23% upside. Over the past year, shares have tripled, and earnings estimates for FY25 and FY26 increased by 60% and 75%, respectively.