BSE shares rose nearly 7% or Rs 425 at a meeting on Wednesday (May 7, 2025), ending at Rs 6,67 at Rs 6,67 after the country's oldest exchange reported more than expected fourth-quarter earnings. In day trading, the stock scaled to the high price of Rs 6,847.50 on the day, with a rally of 9.65%.
In the March quarter, the company's consolidated net profit soared 362% to Rs 4,940 crore, compared with Rs 1,007 crore in the same period last year. Zee Business Research estimates profit of Rs 351 crore.
Compared to Rs 484 crore reported in Q4FY24, the company's highest period reached 75% per year to Rs 847 crore. Analysts estimate that the lower top line is Rs 755 crore.
On the operational side, BSE's EBITDA or earnings before interest, taxes, depreciation and amortization increased by 409% year-on-year. Meanwhile, the margins are much higher than the 19.7% estimate in the fourth quarter of the previous fiscal year, in the 57% estimate.
During the review quarter, the average daily premium turnover also increased significantly to Rs 11.783 crore, while during the corresponding period of the previous year, the daily premium turnover was also compared with Rs 46.3 crore.
BSE Stock Price Outlook Post Q4FY25 Earnings
Goldman Sachs maintained a “neutral” view of the stock, with the target price rising from an early 4,690 rupees to Rs 5,340. Setting a target means a 14.5% drop from the last closure.
Meanwhile, Jefferies resumed its “holding” of the stock with a fixed target of Rs 7,000, which means up to 12% growth.
Meanwhile, Motilal Oswal maintains a “buy” on the stock with a target of Rs 7,600, which means a potential growth of 22%. The broker noted that the F&O regulations are beneficial to BSE in terms of increased non-exciting trading activity, thereby improving premium turnover.
It added that the continued momentum of member participation, custody monetization and advanced turnover will be key growth drivers for BSE.
BSE stock price performance
Over the past year, BSE's stock has risen 137% with a 3-year return of 708%.
