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Goldman Sachs buys BSE shares worth Rs 401 crore via bulk deal; shares gain up to 4%

Published 4 weeks ago2 minute read

: Shares of the country's oldest and leading exchange Bombay Stock Exchange (BSE) were up over 3 per cent at Rs 5,822.85 per share on the NSE. The gains in the stock were triggered after a bulk deal in the counter in the previous day's session.

As per the bulk deal data on the National Stock Exchange (NSE), the global banking and financial services major Goldman Sachs, via its arm Goldman Sachs (Singapore) bought 7,28,855 equity shares of BSE through an open market transaction.

The shares were acquired at an average price of Rs 5,504.42 apiece, taking the total deal size to Rs 401 crore. 

Nonetheless, the seller involved in the bulk deal could not be identified.

At the day's high, the stock gained up to Rs 5,845 per share, gaining nearly 4 per cent over the previous day's close of Rs 5,631.

Also Read: BSE shares worth Rs 401 crore purchased by Goldman Sachs

For the December quarter, the company's net profit rose 103.04 per cent to Rs 219.67 crore in the quarter ended December 2024 as against Rs 108.19 crore during the previous quarter ended December 2023. \

Sales at the company also saw good growth of 95.20 per cent to Rs 831.74 crore in the quarter ended December 2024 as against Rs 426.10 crore during the previous quarter ended December 2023.

BSE stock has been a multibagger and in the past one year has more than doubled investors' money, with a return of as much as 150 per cent. Currently, the stock is trading with a gain of over 196 per cent from its 52-week low price. The stock's 52-week low and high prices are Rs 1,941.05 and Rs 6,133.4 per share, respectively.

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