For the September quarter, BSE reported a consolidated net profit of Rs 560 crore, a robust 61% year-on-year increase, broadly in line with Jefferies’ expectations. (Photographer: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Jefferies has maintained a Hold rating on BSE Ltd. while raising its target price to Rs 2,930 from Rs 2,790, citing strong growth in options revenue and lower Settlement Guarantee Fund (SGF) provisioning costs. The brokerage noted that while the exchange continues to benefit from the rapid expansion of its derivatives segment, clarity on norms for index options expiry will be crucial for any further re-rating.

For the September quarter, BSE reported a consolidated net profit of Rs 560 crore, a robust 61% year-on-year inc

See Full Page