BSE

Why is BSE Ltd falling/rising?

As of 06-Aug, BSE Ltd's stock price is declining to 3,435.00, down 2.82%, with recent underperformance against benchmarks and high valuation concerns contributing to this trend. Despite strong long-term fundamentals, the stock's premium valuation may be causing investors to reassess its worth.

As of 06-Aug, BSE Ltd's stock price is falling, currently at 3,435.00, reflecting a change of -99.6 (-2.82%). This decline is evident in its performance over various periods, with the stock underperforming the benchmark Sensex by -2.70% over the past week and -9.67% over the past month. Despite a strong year-to-date return of +30.50% and a remarkable +43.87% return over the past year, the recent price drop indicates a shift in market sentiment.<BR><BR>The stock's current performance is also characterized by its moving averages, which show that it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a short-term downward trend. Although there has been a significant increase in investor participation, with delivery volume rising by 142.77% against the 5-day average, this has not translated into positive price movement.<BR><BR>Additionally, while the company has demonstrated strong long-term fundamentals, including a healthy average return on equity (ROE) of 19.60% and consistent growth in net sales and operating profit, the stock is perceived as very expensive with a high price-to-book value ratio of 21. This premium valuation compared to peers may be contributing to the stock's recent decline, as investors reassess its worth in light of the high valuation metrics. Overall, the combination of recent underperformance against benchmarks, short-term moving average trends, and high valuation concerns are key factors contributing to the falling stock price of BSE Ltd.

Which are the latest news on BSE?

Are BSE Ltd latest results good or bad?

BSE Ltd's latest Q1 FY27 results are strong, with a net profit of ₹874.02 crore, up 62.03% year-on-year, and revenue growth of 63.48% to ₹1,566.02 crore. The company maintains high operating margins and zero debt, indicating a solid financial position.

BSE Ltd's latest results for Q1 FY27 are quite strong, indicating a positive performance overall. The company reported a consolidated net profit of ₹874.02 crore, which represents a significant year-on-year growth of 62.03% and a quarter-on-quarter increase of 9.62%. <BR><BR>Revenue also showed impressive growth, with a year-on-year increase of 63.48%, reaching ₹1,566.02 crore. This growth reflects the company's ability to scale operations effectively while maintaining high operating margins, which stood at 66.79%, marking the highest ever for the company. <BR><BR>Additionally, the return on equity (ROE) is exceptionally high at 37.28%, showcasing strong capital efficiency. The company operates with zero debt, which enhances its financial stability and flexibility for future investments.<BR><BR>Overall, BSE's results highlight robust operational performance and a strong market position within India's capital markets, making them favorable.

Should I buy, sell or hold BSE Ltd?

What does BSE do?

BSE Ltd is Asia's first and the world's fastest stock exchange, established in 1875, with recent net sales of 1,564 Cr and a net profit of 797 Cr for the quarter ending March 2026. It operates as a mid-cap company with a market cap of INR 162,333 Cr.

Overview:<BR>BSE Ltd operates as Asia's first and the world's fastest stock exchange, positioned within the capital markets industry and categorized as a mid-cap company.<BR><BR>History:<BR>BSE Ltd was established in 1875 and has undergone corporatization and demutualization. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,564 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 797 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 162,333 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 64.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 37.28% <BR>Price to Book: 24.39 <BR><BR>Contact Details:<BR>Address: 25 Flr Phiroze Jeejeebhoy Tower, Dalal Street Mumbai Maharashtra : 400001 <BR>Tel: 91-22-22721233/34 <BR>Email: bse.shareholders@bseindia.com <BR>Website: http://www.bseindia.com

How big is BSE?

As of 10th June, BSE Ltd has a market capitalization of 162,333.00 Cr, with recent net sales of 4,833.95 Cr and a net profit of 2,496.98 Cr.

As of 10th June, BSE Ltd has a market capitalization of 162,333.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest 4 quarters, BSE reported Net Sales of 4,833.95 Cr and a Net Profit of 2,496.98 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 4,423.73 Cr and Total Assets of 10,322.26 Cr.

Who are in the management team of BSE?

The management team of BSE includes S S Mundra (Chairman), SUNDARARAMAN RAMAMURTHY (Managing Director & CEO), and several Non Executive Directors such as David Wright and Umakant Jayaram. For a complete list or more details, feel free to ask!

The management team of BSE includes the following members:<BR><BR>1. S S Mundra - Chairman & Non Executive Director<BR>2. David Wright - Non Executive Director<BR>3. Umakant Jayaram - Non Executive Director<BR>4. Jayshree Ashwinkumar Vyas - Non Executive Director<BR>5. T C Suseel Kumar - Non Executive Director<BR>6. Justice Shiavax Jal Vazifdar - Non Executive Director<BR>7. Subhasis Chaudhuri - Non Executive Director<BR>8. Padmini Srinivasan - Non Executive Director<BR>9. SUNDARARAMAN RAMAMURTHY - Managing Director & CEO<BR>10. VISHAL KAMALAKSHA BHAT - Company Secretary<BR><BR>If you have any more questions about BSE or its management, feel free to ask!

Who are the peers of the BSE?

BSE's peers include HDFC AMC, Multi Comm. Exc., Nippon Life Ind., Motil. Oswal Fin., 360 ONE, Aditya AMC, Angel One, and Anand Rathi Wea. BSE shows excellent management risk and growth, with a 1-year return of 36.72%, while Multi Comm. Exc. leads with 80.73% and Motil. Oswal Fin. has the lowest at -1.50%.

Peers: The peers of BSE are HDFC AMC, Multi Comm. Exc., Nippon Life Ind., Motil.Oswal.Fin., 360 ONE, Aditya AMC, Angel One, and Anand Rathi Wea.<BR><BR>Quality Snapshot: Excellent management risk is observed at BSE, HDFC AMC, Multi Comm. Exc., Nippon Life Ind., 360 ONE, and Angel One, while Good management risk is found at Motil.Oswal.Fin., Aditya AMC, and Anand Rathi Wea. Excellent growth is noted for BSE, Multi Comm. Exc., and Angel One, while Good growth is seen at HDFC AMC, Nippon Life Ind., 360 ONE, and Anand Rathi Wea., and Average growth is present at Motil.Oswal.Fin. and Aditya AMC. Excellent capital structure is shared by BSE, HDFC AMC, Multi Comm. Exc., Nippon Life Ind., 360 ONE, and Angel One, while Good capital structure is found at Motil.Oswal.Fin., Aditya AMC, and Anand Rathi Wea.<BR><BR>Return Snapshot: Multi Comm. Exc. has the highest 1-year return at 80.73%, while Motil.Oswal.Fin. has the lowest at -1.50%. BSE's 1-year return of 36.72% is higher than Motil.Oswal.Fin. but lower than Multi Comm. Exc. Additionally, 360 ONE has a negative six-month return of -8.21%.

Is BSE technically bullish or bearish?

As of December 3, 2025, the trend is bullish, supported by strong weekly and monthly MACD readings and daily moving averages, despite some mixed signals from the KST and Bollinger Bands.

As of 3 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly and monthly MACD readings, both showing bullish momentum. Daily moving averages also support this bullish outlook. However, the KST shows a mixed signal with a bullish weekly but mildly bearish monthly reading. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating some upward pressure. Overall, while there are some mixed signals, the prevailing trend is bullish, supported by strong MACD and moving averages.

How has been the historical performance of BSE?

BSE has demonstrated significant growth from Mar'20 to Mar'25, with net sales increasing from 630.45 Cr to 2,957.34 Cr, and profit after tax rising from 93.96 Cr to 1,234.47 Cr, reflecting improved profitability and operational efficiency. Total assets also grew from 4,348.14 Cr to 10,322.26 Cr during this period.

Answer:<BR>The historical performance of BSE shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>BSE's net sales have increased dramatically from 630.45 Cr in Mar'21 to 2,957.34 Cr in Mar'25, indicating a strong upward trend in revenue generation. Total operating income followed a similar trajectory, rising from 609.17 Cr in Mar'20 to 2,957.34 Cr in Mar'25. The total expenditure, excluding depreciation, also grew from 446.66 Cr in Mar'19 to 1,457.65 Cr in Mar'25, reflecting increased operational costs associated with this growth. Operating profit (PBDIT) surged from 109.38 Cr in Mar'20 to 1,778.66 Cr in Mar'25, showcasing improved profitability, while profit before tax rose from 108.84 Cr in Mar'20 to 1,665.68 Cr in Mar'25. Profit after tax also saw a substantial increase, from 93.96 Cr in Mar'20 to 1,234.47 Cr in Mar'25. The earnings per share (EPS) rose from 3.02 in Mar'20 to 32.65 in Mar'25, reflecting enhanced shareholder value. On the balance sheet, total assets increased from 4,348.14 Cr in Mar'20 to 10,322.26 Cr in Mar'25, while total liabilities also rose from 4,348.14 Cr to 10,322.26 Cr during the same period. Cash flow from operating activities improved significantly, moving from -137.00 Cr in Mar'23 to 414.00 Cr in Mar'25, although the net cash outflow was -550.00 Cr in Mar'25. Overall, BSE's financial metrics indicate robust growth and improved operational efficiency over the years.

Is BSE overvalued or undervalued?

As of November 6, 2023, BSE is considered very expensive and overvalued with a PE ratio of 89.95 and other high valuation metrics, despite its strong performance compared to the Sensex, raising concerns about the sustainability of its growth.

As of 6 November 2023, BSE's valuation grade has moved from expensive to very expensive, indicating a significant shift in its perceived market value. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 89.95, an EV to EBITDA of 68.14, and a Price to Book Value of 26.93. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, BSE stands out with a much higher PE ratio than the industry average, which raises concerns about its sustainability. For instance, while BSE's PEG ratio is 0.43, which typically indicates growth potential, the overall high valuation metrics suggest that the market may be overestimating future growth. Additionally, BSE has outperformed the Sensex significantly over various time frames, with a 1-year return of 232.46% compared to the Sensex's 7.82%, further complicating the valuation narrative. Overall, BSE appears to be overvalued in the current market context.

Who are the top shareholders of the BSE?

The top shareholders of BSE include individual investors (47.51%), Foreign Institutional Investors (21.55%), and mutual funds (13.07%). Siddharth Balachandran is the largest public shareholder at 3.01%, with no pledged promoter holdings reported.

The top shareholders of BSE include a diverse group of investors. The largest portion of shares is held by individual investors, who collectively own 47.51% of the company. Foreign Institutional Investors (FIIs) hold 21.55%, represented by 663 different entities. Additionally, mutual funds are invested in BSE through 149 schemes, accounting for 13.07% of the shares. <BR><BR>It's also noteworthy that Siddharth Balachandran is the highest public shareholder, holding 3.01%. There are no pledged promoter holdings, and there isn't a specific promoter with the highest holding mentioned. Overall, the majority of the shareholders are non-institutional.

When is the next results date for BSE?

No Upcoming Board Meetings

What is the bonus history of the BSE?

BSE Ltd has a history of issuing bonuses, with the most recent being a 2:1 bonus announced on May 23, 2025, and a prior 2:1 bonus on March 21, 2022. This demonstrates the company's commitment to rewarding its shareholders.

BSE Ltd has a notable history of bonus issues. The most recent bonus was a 2:1 issue announced with an ex-date of May 23, 2025. Prior to that, BSE also issued a 2:1 bonus on March 21, 2022, with a record date of March 22, 2022. This consistent approach to bonus issues reflects the company's commitment to rewarding its shareholders.

Has BSE declared dividend?

Yes, BSE Ltd has declared a 250% dividend, amounting to ₹5 per share, with an ex-date of May 14, 2025. The company has shown impressive total returns across various periods, indicating strong financial performance.

BSE Ltd has declared a 250% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 250%<BR>- Amount per share: 5<BR>- Ex-date: May 14, 2025<BR><BR>Dividend Yield: 0.44%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 64.01%, the dividend return was 0.27%, resulting in a total return of 64.28%.<BR><BR>In the 1-year period, the price return was 227.66%, the dividend return was 2.24%, leading to a total return of 229.9%.<BR><BR>Over the 2-year period, the price return was 1464.26%, with a dividend return of 16.87%, culminating in a total return of 1481.13%.<BR><BR>During the 3-year period, the price return was 1099.67%, the dividend return was 22.86%, which resulted in a total return of 1122.53%.<BR><BR>In the 4-year period, the price return was 2787.12%, the dividend return was 65.43%, resulting in a total return of 2852.55%.<BR><BR>For the 5-year period, the price return was 6464.65%, the dividend return was 160.27%, leading to a total return of 6624.92%.<BR><BR>Overall, BSE Ltd's substantial dividend declaration and impressive total returns across various periods indicate strong financial performance and shareholder value creation. The consistent growth in price returns alongside the declared dividend reflects a positive outlook for investors.