Neutral on BSE, target price Rs 4,500: Motilal Oswal Financial Services

Motilal Oswal Financial Services sets a target price of Rs 4,500 for BSE. BSE, a small-cap company, operates in the financial services sector. The company's recent performance shows significant growth in total income and net profit. Motilal Oswal has raised its earnings estimates for BSE. The brokerage maintains a neutral rating on the stock.

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Motilal Oswal Financial Services has a neutral call on BSE with a target price of Rs 4,500. The current market price of BSE is Rs 4609.5.

BSE Ltd , incorporated in 2005, is a Small Cap company with a market cap of Rs 62219.65 crore, operating in Financial Services sector. BSE's key products/revenue segments include Fees & Other Charges for the year ending 31-Mar-2024.



Financials For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 818.98 crore, up 21.45% from last quarter Total Income of Rs 674.

34 crore and up 123.15% from last year same quarter's Total Income of Rs 367.01 crore.

The company has reported net profit after tax of Rs 321.40 crore in latest quarter. Investment Rationale Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Macroeconomics Made Easy: Online Certification Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Options Scalping Made Easy By - Sivakumar Jayachandran, Ace Scalper View Program Stock Trading Stock Investing Made Easy: Beginner's Stock Market Investment Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Commodity Markets Made Easy: Commodity Trading Course By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder- Indiacharts.

com View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Options Trading Made Easy: Options Trading Course By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Stock Trading Advanced Strategies in Stock Market Mastery By - CA Raj K Agrawal, Chartered Accountant View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program The relaunch of BSE derivatives products has proved to be a trend-changing measure for BSE?s revenue and profitability. Increased member participation, new product launches (stock derivatives), rising awareness about products, and a recent launch of stock derivatives should continue to drive market share gains for BSE. Factoring in strong growth in transaction income and better-than-expected operational efficiency, Motilal Oswal Financial Services has raised its earnings estimates by 6%/9%10% for FY25/FY26/FY27.

While they expect a decline in option volumes in the short-term after the implementation of new regulations, the quantum of the impact and the pace of recovery remain uncertain. The brokerage maintains a Neutral rating on the stock with a target price of Rs 4,500 (premised on 40x EPS Sept?26). Promoter/FII Holdings Promoters held $MarketsData-marketResults.

newShareHolding.summary.promoters.

percentage per cent stake in the company as of 30-Sep-2024, while FIIs owned 13.01 per cent, DIIs 11.65 per cent.

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