BSE shares fall 3% despite Q4 profit surge. Should you buy, sell or hold India’s oldest stock exchange?
By TodayTelugu Desk1 min read3 views
Bombay Stock Exchange (BSE) shares dipped despite reporting a 61% surge in March quarter net profit to Rs 797 crore, driven by an 85% revenue increase to Rs 1,564 crore. Transaction charges were the primary growth driver, soaring 114% year-on-year. Nuvama maintains a 'Buy' rating, citing BSE's lower impact from weekly contract reductions and significant headroom for derivatives customer growth.
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