Bulk deal on Feb 19: Goldman Sachs buys BSE shares for ₹401 crore via open market transaction | Stock Market News
Bulk deal on February 19: Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for ₹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.
The shares of Mumbai-headquartered BSE were picked up at an average price of ₹5,504.42 apiece, taking the deal value to ₹401.19 crore.
Details of the sellers of BSE shares could not be ascertained on the bourse.
Shares of BSE rallied 8.14 per cent to close at ₹5,608.50 per piece on the NSE on Wednesday.
On February 6, BSE reported its net profit doubling to ₹220 crore for three months ended December 2024.
The company had posted a net profit of ₹108.2 crore in the same quarter of preceding fiscal.
The exchange recorded its highest-ever quarterly revenue of ₹835.4 crore in October-December period of current financial year (FY25), a 94 per cent jump from ₹431.4 crore in the same period preceding fiscal.
BSE witnessed an average daily turnover of ₹6,800 crore for the quarter under review compared to ₹6,643 crore a year ago.
