BSE shares surge to 52-week high on record Q4 earnings. The stock exchange reported a 61 percent year-over-year rise in consolidated net profit for Q4FY26, reaching ₹795.47 crore, marking its strongest financial performance in 150 years. The robust growth was driven by strong derivatives trading volumes and increased institutional and retail participation. BSE has also benefited from expansion in its mutual fund distribution platform STAR MF and growth in index-related businesses. Motilal Oswal raised its earnings estimates for FY27 and FY28, citing higher volume assumptions based on the strong March-April performance. The brokerage maintained a neutral rating with a target price of ₹4,400, valuing the company at 40 times FY28 estimated earnings per share. Continued investments in technology and data infrastructure are expected to support long-term earnings visibility.
