Weekly Recap: BSE Ltd. Q2 results and JPMorgan maintains rating, target

Weekly Recap: BSE Ltd. Q2 results and JPMorgan maintains rating, target

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BSE Ltd. (NSE:BSE) reported second-quarter consolidated net profit of 8.09 billion rupees and revenue from operations of 14.33 billion rupees. The exchange also accepted an offer for a plot in Bandra Kurla Complex for proposed additional premises and infrastructure.

Previous Week Recap

- Quarterly Profit And Revenue: BSE Ltd. (BSE) reported consolidated net profit of 8.09 billion rupees and revenue from operations of 14.33 billion rupees for the second quarter.

Reuters - JPMorgan Maintains Overweight Target: JPMorgan kept its Overweight rating and ₹3,960 target on BSE Ltd. Quarterly revenue growth was led by equity derivatives, while higher other income helped drive a profit beat.

CNBC TV18 - Bernstein Maintains Underperform Rating: Bernstein maintained an Underperform rating on BSE Ltd. with a ₹3,180 target, citing softer volume growth and market-share trends tied to the Closing Auction Session.

CNBC TV18 - BSE Accepts Bandra Plot Offer: - BSE Ltd. (BSE) accepted an offer from the Mumbai Metropolitan Region Development Authority to allot a plot in Bandra Kurla Complex for proposed addition...