Global banking and financial services giant Goldman Sachs has purchased shares of leading stock exchange BSE for ₹401 crore through an open market transaction on Wednesday, February 19, 2025.
According to bulk deal data on the National Stock Exchange (NSE), the US-based firm, through its arm Goldman Sachs (Singapore), acquired 7.28 lakh shares of BSE.
The shares were bought at an average price of ₹5,504.42 per share, bringing the total deal value to ₹401.19 crore. However, details of the sellers involved in the transaction were not available on the exchange.
On February 19, BSE shares surged 8.14%, closing at ₹5,608.50 per share on the NSE. BSE’s share price reached a 52-week high of ₹6,133 on January 20, 2025, and a 52-week low of ₹1941.05 on March 19, 2024. As per NSE, the total traded volume for the stock stood at 39.44 lakh shares with a turnover of ₹2,174.37 crores.
On February 6, 2025, BSE reported a 100% increase in net profit, reaching nearly ₹220 crore for the October-December 2024 quarter (Q3 FY25), compared to ₹108.2 crore in the same quarter of the previous fiscal year.
The exchange also recorded its highest-ever quarterly revenue, posting ₹835.4 crore, a massive 94% jump from ₹431.4 crore in the corresponding period last year.
BSE witnessed an average daily turnover of ₹6,800 crore for the quarter under review, compared to ₹6,643 crore a year ago. The derivatives segment continued its strong growth trajectory, with daily premium turnover soaring to ₹8,758 crore, a significant rise from ₹2,550 crore in the previous year.
With the surge in trading volumes and increasing investor participation, BSE remains a key player in India’s stock market ecosystem, attracting global investors like Goldman Sachs.
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Published on: Feb 20, 2025, 8:22 AM IST
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