BSE Shares Volatile Despite Stellar Q1 Performance
BSE Ltd's shares exhibited sharp volatility despite reporting a 103% year-on-year surge in consolidated net profit to ₹539 crore for Q1 2025. Revenue climbed 59% to ₹958 crore, yet the stock swung from a 2.5% opening gain to a 2% intraday loss, reflecting market uncertainty.
Analysts remain divided on the exchange's prospects. HDFC Securities highlighted BSE's market share gains—premium segment dominance ROSE 340 basis points to 23.4%—and raised its target price to ₹2,500, citing cost efficiency. Conversely, Motilal Oswal warned of potential share erosion from upcoming weekly expiry shifts and regulatory risks to derivatives volumes.