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BSE's Q4 profit jumps 362%. But the rally hits a speed bump

Strong numbers, fat dividend. Yet, BSE shares slipped 3 per cent.

BSE Q4 profit jumps 362% but stock faces headwindsAdobe Stock

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The Bombay Stock Exchange just posted a jaw-dropping 362 per cent jump in Q4 profit. And it didn't stop there — the board also announced a juicy Rs 23 per share dividend. Sounds like reason enough for a rally, right? Not quite. On the very same day the results dropped, BSE's stock slid over 3 per cent, closing at Rs 6,245 on May 6. Turns out, good news doesn't always translate to green ticks. Especially in a market clouded by nervous global cues and some profit booking. What's going on with BSE share? BSE shares ha


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