BSE Share Price Rises 4% After Bonus Share Proposal Announcement

Market Performance

The Bombay Stock Exchange (BSE) share price increased by nearly 4 per cent during the morning trade on March 27, 2025. This rise follows a three-day losing streak, with the stock opening at Rs 4,650.

Bonus Share Proposal Announcement

BSE announced that its Board of Directors will convene on March 30, 2025, to review and potentially approve the issuance of bonus shares, subject to necessary approvals. This information was disclosed through an exchange filing released after market hours on March 25, 2025.

The stock exchange previously issued bonus shares in 2022 in the ratio of 2:1. Additionally, in June 2024, BSE declared a dividend of Rs 15 per share.

Company Details

BSE Limited, Asia's oldest stock exchange, became India's first publicly listed stock exchange. Its shares were listed on the National Stock Exchange (NSE) in September 2017 at an initial price of Rs 1,017. Since then, the share price has increased more than fourfold.

In recent months, BSE shares experienced a significant decline. After reaching a 52-week high of Rs 6,113 on January 20, 2025, the stock price fell approximately 40 per cent, hitting a three-month low of Rs 3,682 on March 11, 2025. This decline followed the National Stock Exchange's decision to shift the expiry day for all futures and options (F&O) contracts to Monday.

Summary

BSE's share price rose by nearly 4 per cent on March 27, 2025, following the company's announcement of a board meeting to consider a bonus share issuance. The stock rebounded from a three-day losing streak. Despite recent declines after reaching a 52-week high, the company's shares have grown substantially since their initial listing in 2017. The outcome of the March 30 board meeting could influence future market movements for BSE stock.