BSE Ltd, which is listed only on NSE, is a multibagger stock. This stock exchange has outperformed Nifty 200 by nearly 119% as of May 5, while in a year, the stock zoomed by more than 127%. Trading at a whopping Rs 6,465 level, BSE Ltd is gearing up to reward investors big time with a mixture of dividend and bonus shares. On May 6th, the stock will be in focus for its Q4FY25 results announcement.
BSE Ltd Share Price:
On NSE, the exchange's stock price closed at Rs 6,465 apiece, up by 2.51% with market cap of Rs 87,520.82 crore. The stock recently touched a new 52-week high of Rs 6,808 apiece on April 29th.
From its 52-week low of Rs 2,115 apiece which was touched on July 23, 2024, BSE stock zoomed 206%. In a year, the upside is nearly 127.3%. Data from Axis Securities revealed that BSE beats Nifty 200 by 118.97%. It has been outperforming Nifty 200 in the past 9 months out of 12. BSE is a less volatile and low risky stock.
Coming to 2025, so far, BSE's year-to-date performance is up by 19.2%, while in past 1 month, the stock advanced by 25%. In the short term, i.e. six month, BSE gained more than 38% on NSE.
BSE Dividend 2025:
In its regulatory filing, BSE has announced that a Board Meeting is to be held on 06-May-2025 to consider and approve the Yearly Audited Financial results of the Company for the period ended March 2025 and Dividend.
Since February 2017, BSE has delivered about 11 dividends to investors. In the past 12 months, the exchange paid about Rs 15 dividend per share. Currently, it has a dividend yield of 0.23%, as per data from Trendlyne.
BSE Bonus Issue:
The mega exchange has announced its plan for issuing bonus shares in the ratio of 2:1. This will mean that BSE will allot 2 new shares with a face value of Rs 2 each, on the existing 1 equity share to eligible shareholders.
BSE will inform the "Record Date" for determining the entitlement of the Shareholders to receive Bonus Shares in due course.
This will be the second bonus issue by BSE. The first ever bonus issue reward was done in March 2022, which was also in the ratio of 2:1.
BSE Share Price Recommendation:
According to market experts, BSE's price support is around Rs 6,800. Mandar Bhojane, Equity Research Analyst at Choice Broking recently said, if BSE stock falls below Rs 6,280 tone, then more bearish trend could be expected, leading the stock to range from Rs 6,045 and Rs 5,855 in the near term. But if the shares surpassed the pivotal Rs 6,800 mark, then potential next target would be Rs 7,200 and Rs 7,600 in the near term.
Meanwhile, the consensus recommendation from 12 analysts for BSE Ltd. is BUY. As per Trendlyne, the EPS is expected to grow by 59.0% in FY25. While the average target price is at Rs 6016.92, signaling a potential 7% downside.
About BSE Ltd:
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange which is located on Dalal Street. Established with the efforts of cotton merchant Premchand Roychand in 1875, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the world's 6th largest stock exchange with a market capitalization exceeding US$5 trillion on 21 May 2024, as per Wikipedia.
Click it and Unblock the Notifications
Sign in with Google