BSE Soars as Goldman Sachs Acquires ₹401 Crore Stake, Stock Gains 13% in Two Sessions

BSE Ltd shares surged nearly 13% over two sessions after Goldman Sachs acquired a 0.54% stake for ₹401 crore through an open market transaction. The stock hit an intra-day high of ₹5,845, continuing its strong performance with over 145% gains in the past year. BSE also reported record Q3 FY25 revenue of ₹835.4 crore, marking a 94% YoY growth, with net profit doubling to ₹220 crore.

BSE Soars as Goldman Sachs Acquires ₹401 Crore Stake, Stock Gains 13% in Two Sessions

BSE Ltd shares continued their upward momentum for the second consecutive session on February 20, gaining nearly 4% in intra-day trade after global investment firm Goldman Sachs acquired a stake through an open market transaction.

As per bulk deal data from the National Stock Exchange (NSE), Goldman Sachs (Singapore) Pte purchased 7.28 lakh shares of BSE on Wednesday at an average price of ₹5,504.42 per share, amounting to a total deal value of ₹401.19 crore. However, details regarding the sellers were not immediately available.

Stock Performance
The stock surged by 3.8%, reaching an intra-day high of ₹5,845, following an 8.5% rise in the previous session. Over the past two sessions, it has gained nearly 13%. So far in February, the stock has risen over 10%, recovering from a 0.4% decline in January. Over the past year, BSE shares have delivered multibagger returns, soaring more than 145%.

Financial Results
BSE reported a two-fold increase in net profit for the December 2024 quarter, reaching ₹220 crore compared to ₹108.2 crore in the same period the previous year. The exchange also posted its highest-ever quarterly revenue at ₹835.4 crore in Q3FY25, a 94% increase from ₹431.4 crore in Q3FY24.

The average daily turnover for the quarter stood at ₹6,800 crore, slightly above ₹6,643 crore recorded a year ago. The derivatives segment continued its strong growth, with daily premium turnover soaring to ₹8,758 crore from ₹2,550 crore in the previous year’s quarter.

Commenting on the company’s performance, Sundararaman Ramamurthy, Managing Director and CEO of BSE, highlighted the firm’s resilience and strategic expansion throughout 2024, despite challenges in the business and regulatory landscape.

BSE Surges as Goldman Sachs Acquires Stake

BSE Ltd shares climbed 2.75% to ₹5,786 after Goldman Sachs purchased a 0.54% stake in the company for ₹401 crore on Wednesday, February 19, 2025.

According to bulk deal data from the NSE, Goldman Sachs (Singapore) acquired 7,28,855 shares of BSE at an average price of ₹5,504.42 per share. However, details regarding the sellers remain undisclosed.

BSE is a leading stock exchange in India, offering a transparent and efficient platform for trading across multiple asset classes, including equities, derivatives (equity, currency, commodity, and interest rate), SME and startup listings, and debt instruments.

Financial Performance
On a consolidated basis, BSE reported a record-breaking quarter, with total revenue reaching ₹835.4 crore in Q3 FY25, reflecting a 94% year-on-year (YoY) growth. Net profit for the quarter ended December 2024 stood at ₹219.7 crore, marking a 103% YoY increase.

Goldman Sachs, a major player in the banking and financial services sector, acquired shares of BSE Ltd for ₹401 crore through an open market transaction on Wednesday.

As per bulk deal data from the National Stock Exchange (NSE), Goldman Sachs (Singapore), a subsidiary of the US-based firm, purchased 7.28 lakh shares of the Mumbai-based stock exchange.

The shares were acquired at an average price of ₹5,504.42 per unit, bringing the total transaction value to ₹401.19 crore.