BSE's price jumped on booming trading volumes. Q3 FY26 net profit hit ₹597 crore, up 7% from last quarter, with sales at ₹1,244 crore – a 62% YoY leap. SEBI tweaks helped too, like aligning derivatives expiry, keeping BSE competitive against NSE. Market hype around bonus shares added fuel. Doubt it'll last forever? Maybe, but volumes don't lie.
Key Numbers at a Glance:
Market cap sits at ₹1,33,643 crore – large cap territory. P/E ratio? 61.3, way above industry PE of around 50. Dividend yield's slim at 0.18-0.28%. ROE shines at 36%, debt to equity near zero – almost debt-free. Cash flow? Free cash positive, like ₹262 crore last year, though operating cash dipped recently. Profit growth? 65% CAGR over 5 years. Solid, right? High P/E screams pricey, but growth justifies it for now.
Born 1875 under a banyan tree by brokers like Premchand Roychand, a sharp Jain trader. Started as Native Share & Stock Brokers Association. Moved to Dalal Street. Went digital, launched Sensex in 1986. Listed itself in 2017. Asia's oldest exchange, now world's 6th biggest.
How BSE Makes Money:
Charges fees on trades. Equities, derivatives, debt, currencies, even commodities and mutual funds. Owns India INX in GIFT City for global plays. Listings, data services too. Like a toll booth on Mumbai's busiest road – more cars (trades), more cash. Revenue exploded to ₹4,117 crore TTM.
Price Predictions – Dream or Real?
Analysts eye ₹2,245-4,274 by end-2026. 2030? ₹35,124-43,009. Wild guesses for 2035/2040 hover 75,000+, assuming India booms. Me? Cautious. If markets grow 10-15% yearly, yeah. But recessions bite. Like that uncle who bought early – timed right, retires rich.
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