Latest News | Goldman Sachs Buys BSE Shares for Rs 401 Crore

New Delhi, Feb 19 (PTI) Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction.

According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd.

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The shares of Mumbai-headquartered BSE were picked up at an average price of Rs 5,504.42 apiece, taking the deal value to Rs 401.19 crore.

Details of the sellers of BSE shares could not be ascertained on the bourse.

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Shares of BSE rallied 8.14 per cent to close at Rs 5,608.50 per piece on the NSE on Wednesday.

On February 6, BSE reported its net profit doubling to Rs 220 crore for three months ended December 2024.

The company had posted a net profit of Rs 108.2 crore in the same quarter of preceding fiscal.

The exchange recorded its highest-ever quarterly revenue of Rs 835.4 crore in October-December period of current financial year (FY25), a 94 per cent jump from Rs 431.4 crore in the same period preceding fiscal.

BSE witnessed an average daily turnover of Rs 6,800 crore for the quarter under review compared to Rs 6,643 crore a year ago.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)