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.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 20, 2025, 8:22 AM IST
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