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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.

On the operational front too, BSE posted a steep 409 per cent year-on-year rise in EBITDA or earnings before interest, taxes,depreciation, and amortization. Margins, meanwhile, came in sharply higher than estimates at 57 per cent in stark contrast to 19.7 per cent in Q4 of the previous fiscal year.

The average daily premium turnover also rose substantially during the review quarter to Rs 11,783 crore as against Rs 4,630 crore in the corresponding period of the previous year.

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.

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