MCX shares tumble 9% after 63 Moons get software support contract ...Middle East

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MCX shares tumble 9% after 63 Moons get software support contract
source : Business Standard ( Middle East ) () 32
Shares of MCX tumbled nearly 9 per cent on Friday after the commodity exchange extended its software support contract with 63 Moons Technologies for a higher fee. The stock fell 8.65 per cent to settle at Rs 1,499.85 apiece on the BSE. During the day, it tanked 12.47 per cent to Rs 1,437. On the NSE, it dived 8.65 per cent to end at Rs 1,500.10 per share. However, shares of 63 Moons jumped 12.66 per cent to end at Rs 244.20 each on the BSE. On the NSE, the company's stock surged 12 per cent to settle at Rs 243 per piece. In separate stock exchange filings on Thursday, Multi Commodity Exchange of India Ltd and 63 moons said the contract has been extended for a period of six months starting Ju

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