BSE share price rises 3% as Goldman Sachs buys 7.28 lakh shares for ₹401 crore

According to the bulk deal data available on the National Stock Exchange (NSE), US-based Goldman Sachs, through its arm Goldman Sachs (Singapore), purchased 7.28 lakh shares of BSE Ltd.

The shares of Mumbai-headquartered BSE were bought at an average price of ₹5,504.42 apiece, taking the deal value to ₹401.19 crore.

Details of the sellers of BSE shares could not be ascertained on the bourse.

Shares of BSE rallied 8.14% to close at ₹5,608.50 per piece on the NSE on Wednesday.

BSE Ltd Q3 FY25 Results

BSE reported its net profit doubling to ₹220 crore for three months ended December 2024.

It posted a net profit of ₹108.2 crore in the same quarter of the preceding fiscal year, BSE said in a statement.

The exchange recorded its highest-ever quarterly revenue of ₹835.4 crore in the October-December quarter of the current financial year (FY25), a 94% jump from ₹431.4 crore in the same period of the preceding fiscal.

BSE witnessed an average daily turnover of 6,800 crore for the quarter under review compared to ₹6,643 crore a year ago.

Its derivatives segment sustained its growth trajectory in the quarter with a daily premium turnover of ₹8,758 crore against ₹2,550 crore in the year-ago period.

"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.

"Whilst the road ahead will not be without challenges, we are optimistic about 2025, and we look forward to executing our vision to lead and shape the development of India's capital markets..." its Managing Director and Chief Executive Officer Sundararaman Ramamurthy said in a statement.

BSE share price trend

Shares of BSE Ltd have rallied 144% in the past 12 months.