- BSE Ltd share price hit a record high after strong Q3 earnings growth
- Consolidated revenue rose 17% sequentially to Rs 1,328 crore in Q3
- Net profit increased 8% to Rs 601.8 crore in the October-December quarter
BSE Ltd. share price hit a record high on Tuesday after the company reported a strong earnings growth in the third quarter of the current financial year. The stock surged as much as 6.4% to Rs 3,175 soon after trading opened on the National Stock Exchange.
Consolidated revenue in the October-December quarter popped 17% on a sequential basis, while net profit rose 8%. Jefferies said BSE Q3 results were ahead of expectations, primarily driven by higher transaction revenue. Operating expenses were also slightly better, excluding core SGF costs and after adjusting for the one‑off impact of the labour code change.
Despite the expiry swap in September 2025, BSE posted a strong performance in Q3, with index options ADPTV market share rising to 29%, an improvement of 227 basis points quarter‑on‑quarter. This helped drive revenue growth of 61% year‑on‑year and 16% sequentially, analysts at Nuvama said in a note.
BSE Q3 Results (Consolidated, QoQ)
- Revenue up 17% at Rs 1,328 crore versus Rs 1,134 crore.
- Ebitda up 14% at Rs 861.6 crore versus Rs 756.6 crore.
- Margin at 64.88% versus 66.71%.
- Net profit up 8% at Rs 601.8 crore versus Rs 557 crore.
BSE Share Price Movement
The total traded volume so far in the day stood at 8.3 times its 30-day average. The relative strength index was at 69.
BSE share price has risen 68% in the last 12 months. Twelve out of the 16 analysts tracking BSE have a 'buy' rating on the stock and four recommend a 'hold', according to Bloomberg data. The average of 12-month analyst price targets is Rs 3,227, which implies a potential upside of 8%.
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