BSE shares in Wednesday’s session (May 7, 2025) ended higher by nearly 7 per cent or Rs 425 at Rs 6,67 after the country’s oldest exchange posted better-than-expected Q4 earnings. In intra-day deals, the stock zoomed to the day’s high price of Rs 6,847.50, rallying 9.65 per cent.
For the March quarter, the company’s consolidated net profit spiked 362 per cent to Rs 494 crore as against Rs 107 crore during the same period last year. Zee Business research estimated profit at Rs 351 crore.
The topline at the company also soared 75 per cent on-year to Rs 847 crore in comparison to Rs 484 crore reported in Q4FY24. Analysts estimated a lower topline at Rs 755 crore.
Brokerages on BSE post Q4 earnings
Goldman Sachs has maintained a ‘neutral’ view on the stock with the target price raised to Rs 5,340 from the earlier Rs 4,690. The set target implies a downside of 14.5 per cent from the last close.
Jefferies, meanwhile, has reinstated a ‘hold’ on the stock with the target pegged at Rs 7,000- meaning a possible gain of up to 12 per cent.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
