The shares of this oldest stock exchange fell over 5 percent on Thursday morning after a rumour of SEBI shifting the NSE expiry on Tuesday. In this article, we will dive deep into the details of it.
With a market capitalization of Rs 94,635 crores, the shares of BSE Ltd are currently trading at Rs 6,990 per share, down 7.87 percent from its 52-week high of Rs 7,588 per share. Over the last five years, the stock has delivered a multibagger return of 5,202 percent.
About the news
In a significant recent development, sources indicate that SEBI is expected to approve NSE’s request to change its weekly expiry day to Tuesday. Currently, NSE index expiry happens on Thursday, and BSE index expiry happens on Tuesday. If SEBI grants this adjustment, competition may increase further, presenting a serious challenge to BSE in terms of volumes and market share in index derivatives, as the SEBI circular on index expiry days is expected soon.
According to sources, if NSE is allowed to keep Tuesday as its weekly expiry day, it could impact BSE negatively by decreasing Sensex options volumes by as much as 20 percent since a large portion could shift to NSE. It would also increase NSE’s weekly market share in index options by almost 5 percent.
Financial Highlights
BSE reported a consolidated revenue of Rs 3,212 crores in FY25, up 101.66 percent from Rs 1,592 crores in FY24. On a year-on-year basis, revenue grew 70.13 percent to Rs 917 crores in Q4 FY25 from Rs 539 crores in Q4 FY24. On a quarterly basis, revenue increased by 11.15 percent from Rs 825 crores in Q3 FY25.
The company reported a net profit of Rs 1,322 crores in FY25, up 71.24 percent from Rs 772 crores in FY24. On a year-on-year basis, net profit rose 361.68 percent to Rs 494 crores in Q4 FY25 from Rs 107 crores in Q4 FY24. On a quarterly basis, net profit increased by 125.79 percent from Rs 219 crores in Q3 FY25.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
