BSE shares slip despite Q4FY26 profit jumping to ₹797cr
Business
BSE shares slipped 3.3% to ₹3,832 on Friday, surprising many since the exchange just reported its strong Q4FY26 results.
Net profit jumped 61% year over year to ₹797 crore, and revenue shot up by 85% to ₹1,564 crore, mainly because transaction charges more than doubled.
Nuvama maintains 'Buy' rating, 15% upside
Even with these strong numbers (and a solid full-year revenue of ₹5,148 crore), investors seemed unimpressed as the stock fell.
Still, analysts at Nuvama are optimistic: they kept their "Buy" rating and see a possible upside of about 15%.
Meanwhile, BSE is working hard to grow its user base and has upgraded its tech to handle way more trades per second.