Shares of BSE Limited were trading at Rs 4,700, up 5.02%, at 1:59 PM on March 27, 2025. The stock had closed at Rs 4,474.70 the previous day and opened at Rs 4,650 today. During intraday trading, the stock touched a low of Rs 4,578 before rebounding.
Overview of Contents
Why Is BSE Share Rising?
The sharp rally in BSE shares comes after the company announced that its Board of Directors will meet on March 30 to consider issuing bonus shares. This development has fueled investor optimism, leading to increased buying interest in the stock.
Key Takeaways for Investors
Board Meeting for Bonus Issue: BSE Limited confirmed in an exchange filing on March 25 that its board will convene on March 30 to evaluate the proposal for issuing bonus shares. This marks the second bonus issue since BSE’s listing in 2017. The last bonus issue in 2022 had a 2:1 ratio.
Financial Performance: In Q3 FY25, BSE reported record-breaking revenue of Rs 835.4 crore, reflecting a 94% year-on-year increase. Net profit for the quarter surged to Rs 220 crore from Rs 108.2 crore in Q3 FY24.
Stock Performance: The stock has witnessed a 3% gain in the last five trading sessions. Over the past month, however, it has dipped nearly 9%. Despite short-term fluctuations, BSE has delivered a strong 29% return over the last six months and a remarkable 91% gain in the past year.
Trading Window Closure: As per regulatory norms, BSE has announced that its trading window will remain closed from March 26 to April 1 and will reopen 48 hours after the financial results are declared.
Past Corporate Actions
BSE has a history of rewarding shareholders with dividends and buybacks. The company declared a dividend of Rs 15 per share in June 2024. In 2023, a dividend of Rs 12 per share was issued in August, and a buyback was executed in September. The last bonus issue in 2022 was in a 2:1 ratio.
Stock Movement in Recent Months
BSE shares had surged to a 52-week high of Rs 6,113 on January 20, 2025. However, the stock witnessed a steep correction, falling nearly 40% to a three-month low of Rs 3,682 on March 11. The decline followed the National Stock Exchange’s (NSE) decision to shift the expiry date for all F&O contracts to Monday, impacting market sentiment.
What Investors Should Watch For
Investors should keep an eye on the board’s decision regarding the bonus issue on March 30. Additionally, the record date, which will determine shareholder eligibility for bonus shares, is yet to be announced. If the company declares a favorable bonus ratio, the stock could see further upside in the coming days.