- BSE’s net income for the third quarter was 2.2 billion rupees, which fell short of the estimated 3.32 billion rupees.
- The net income increased significantly from the previous year’s 1.08 billion rupees.
- Revenue amounted to 7.74 billion rupees, exceeding expectations of 7.46 billion rupees, and more than doubled from last year’s 3.72 billion rupees.
- Total costs rose by 73% year-over-year to 3.68 billion rupees, higher than the projected 3.57 billion rupees.
- Market analysts have provided 7 buy ratings, 3 hold ratings, and 1 sell rating for BSE’s stock.
Bombay Stock Exchange on Smartkarma
Analytical coverage of the Bombay Stock Exchange on Smartkarma reveals insights from Sudarshan Bhandari, a notable provider. In his report titled “Riding the Derivatives Wave: Can BSE Seize the Opportunity Presented by SEBI’s Circular?“, Bhandari discusses the impact of SEBI’s new F&O circular on BSE’s market share in derivatives. The removal of weekly option contracts is expected to affect BSE’s topline and bottom line but potentially enhance market efficiency. The management anticipates that these initiatives will ultimately benefit investors through increased volumes in existing contracts, potentially giving BSE an advantage over NSE.
A look at Bombay Stock Exchange Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, the Bombay Stock Exchange has received a strong outlook for the long term. With high scores in Growth, Resilience, and Momentum, the company is positioned favorably for future performance. The Growth score of 5 indicates promising potential for expansion and development, while the Resilience and Momentum scores of 5 each highlight the company’s ability to withstand challenges and its positive trend in market performance. This suggests a positive trajectory for the Bombay Stock Exchange in the coming years.
Moreover, the Dividend score of 3 reflects a moderate outlook for dividend distribution, while the Value score of 2 implies a fair valuation of the company. Overall, with impressive scores in key factors such as Growth, Resilience, and Momentum, the Bombay Stock Exchange Limited appears well-equipped to navigate the market and deliver solid long-term results for investors.
### Bombay Stock Exchange Limited provides market for trading in equity, debt instruments, derivatives, and mutual funds. The Company offers services including risk management, clearing, settlement, market data services, and education. Bombay Stock Exchange serves customers in India. … More ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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