SP Tulsian of sptulsian.com told CNBC-TV18, "In Multi Commodity Exchange of India (MCX India) about 60 percent shares are held by the financial institutions and the banks, in which the public sector bank, private sector bank, FIIs are all involved and 26 percent is held by Financial Technologies."
"In MCX India one does not have any problem of corporate governance, solvency, earning and any problem of fund diversion. The stock may see a price of may be Rs 600-700, but the change of promoter is likely to happen," he added.
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