BSE (4QFY24): Limited Scope for Further Rerating. Downgrade to REDUCE
BSE reported a strong quarter, with 31% QoQ revenue growth and healthy marginsThe robust performance was on account of higher transaction revenue
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BSE - Regulatory Setback. Maintain BUY
As per the letter dated 26th April 2024, SEBI has asked BSE to pay the regulatory fee on the annual turnover considering “notional value” in the...
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BSE: Gaining Strength. Maintain BUY
BSE has attained a 20/7% notional/premium market share, largely driven by the rising popularity of its derivatives contracts
489 Views
Exchanges, Staffing and Internet (Q2FY25E Results Preview): On Growth Trajectory
MCX is expected to report strong revenue growth of +22/73% QoQ/YoY, led by growth in options revenue (+38% QoQ) and ~4% growth in futures volume
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Exchanges: Clearing Corporations’ Regulations—no Major Impact
We have a BUY on MCX and increase our target price to INR 5,000 (vs INR 4,700 earlier) and maintain our REDUCE rating on BSE.
370 Views