BSE shares climb 4% after Goldman Sachs buys 7.28 lakh shares for ₹400 crore, rises 13% in 2 sessions

Shares of BSE Ltd extended their gains to the second consecutive session on Thursday, February 20, surging nearly 4 per cent in intra-day trade after global investment firm Goldman Sachs acquired a stake in the leading stock exchange through an open market transaction.

According to bulk deal data available on the National Stock Exchange (NSE), Goldman Sachs (Singapore) Pte purchased 7.28 lakh shares of BSE through an open market transaction on Wednesday.

Goldman Sachs acquired the shares of Mumbai-based BSE at an average price of ₹5,504.42 per share, bringing the total deal value to ₹401.19 crore. However, the details of the sellers in the transaction were not immediately available.

Stock Price Trend

The stock rallied as much as 3.8 per cent, hitting an intra-day high of ₹5,845. This surge follows an 8.5 per cent jump in the previous session on Wednesday, February 20. In these two sessions, the stock has risen almost 13 per cent.

The scrip has added over 10 per cent in February so far after a 0.4 per cent fall in January 2025. Meanwhile, in the last 1 year, it has given multibagger returns, soaring over 145 per cent.

Financial Performance

BSE reported a two-fold increase in its net profit for the December 2024 quarter, reaching ₹220 crore, compared to ₹108.2 crore in the same period of the previous fiscal. The leading stock exchange also achieved its highest-ever quarterly revenue, recording ₹835.4 crore in Q3FY25, marking a 94 per cent jump from ₹431.4 crore in the corresponding quarter last year.

BSE’s average daily turnover stood at ₹6,800 crore during the quarter under review, slightly higher than ₹6,643 crore recorded in the year-ago period. The derivatives segment continued its strong growth trajectory, with a daily premium turnover of ₹8,758 crore, significantly up from ₹2,550 crore in Q3FY24.

“Throughout 2024, BSE demonstrated focus and resilience amidst challenges on the business and regulatory front by introducing new products and market enhancements and expanding our strategic footprint,” said Sundararaman Ramamurthy, Managing Director and Chief Executive Officer of BSE.

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