This Monopoly stock, Asia’s oldest stock exchange and one of the largest stock exchanges globally, is engaged in providing a platform for trading in equities, derivatives, commodities, and other financial instruments, enhancing market efficiency, jumped 2 percent after the board announced a bonus issue of 2:1.
Stock Price Movement:
With a market capitalization of Rs. 73,834.27 crores, the share of BSE Limited has reached an intraday high of Rs. 5,575.50 per equity share, rising nearly 1.75 percent from its previous day’s close price of Rs. 5,479.80. Since then, the stock has retreated and is currently trading at Rs. 5,452 per equity share.
What is the news?
BSE Limited has announced a 2:1 bonus share issue, meaning shareholders will receive 2 extra shares for every 1 share they own. The decision has been approved by the BSE board, but the record date for eligibility is yet to be finalized.
Business Updates:
In Q3, BSE welcomed 30 new company listings, raising a record Rs. 95,512 crores, a 261 percent increase compared to last year. The stock exchange has a strong IPO pipeline with 108 companies planning to go public.
The average daily trading turnover in the cash market increased to Rs. 6,800 crores, while the derivatives segment achieved a record daily premium turnover of Rs. 8,758 crores.
Strategic Focus:
BSE is focused on improving customer experience and making its operations more efficient. It plans to upgrade its trading systems to handle more transactions smoothly. BSE is also working on attracting more Foreign Portfolio Investors (FPIs) and ensuring high-quality services for better market performance.
Company Overview:
BSE Limited was founded in 1875 and is Asia’s oldest stock exchange and one of the largest globally. The company is based in Mumbai and enables trading in equities, derivatives, and other financial instruments. With over 5,600 listed companies, BSE plays a key role in India’s financial markets and economic growth.
Recent quarter results:
BSE Limited’s revenue has increased from Rs. 426 crore in Q3 FY24 to Rs. 832 crore in Q3 FY25, which has grown by 95.31 percent. The net profit has also grown by 106.60 percent from Rs. 106 crore in Q3 FY24 to Rs. 219 crore in Q3 FY25.
Written By – Nikhil Naik
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