BSE

BSE Limited (The Aggressive Grower)

Recent Financials (Q3 FY26 - Blockbuster): Net Profit: ₹602 Crore, a massive jump of 174% YoY (vs ₹220 Cr in Q3 FY25). Revenue: ₹1,334 Crore, up 61% YoY. Key Drivers: Derivatives Explosion: Revenue from equity derivatives generated ₹784 Crore, driven by the success of Sensex/Bankex expiry contracts. Listings: 99 new listings in the quarter; SME platform crossed the 700 listings milestone. ⚠️ Urgent News (Why the Stock Fell Recently): RBI Clampdown (Feb 16): The stock faced selling pressure (~7% drop) earlier this week after the RBI tightened lending norms for loans against shares and mutual funds. Impact: Jefferies warned this could hit "Proprietary Trading" volumes (which make up ~50% of options turnover), potentially impacting BSE's earnings by 10-12%. Dividend: No interim dividend was declared with the Q3 results. (BSE typically pays dividends annually in May/June). Technical Outlook (SMC & Price Action): Trend: Bullish (Long-term), but currently in a Retracement. All-Time High: Hit ₹3,227 on Feb 11, 2026, post-results. Order Block (Support): The zone between ₹2,700 – ₹2,750 is a critical Demand Zone. If the price holds here, it may attempt a bounce.