Shares of BSE Ltd touched a new 52-week high of ₹3,188.40 on February 10, 2026, following exceptionally strong Q3 FY26 financial results. The exchange reported a consolidated net profit of ₹602–603 crore, a nearly 174% year-on-year increase from ₹220 crore in the same quarter last year. This surge was primarily driven by a 62% growth in operational revenue, largely fueled by its expanding market share in the equity derivatives (options) segment. 

BSE Ltd (BSE)

₹3,103.30

3.96% today

As of 10 Feb, 11:30 am IST • Disclaimer

9:15 am9:45 am10:15 am10:45 am11:15 am3,0003,100

Prev close ₹2,985.10

10 Feb 2026 9:15 am - 11:30 am

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Financial Performance Analysis (Q3 FY26)

The rally is backed by significant operational improvements and record-breaking metrics: 

• Revenue Growth: Revenue from operations reached ₹1,244 crore, up 62% YoY, with transaction charges surging 86% due to higher derivatives volume.
• Margin Expansion: Operating EBITDA margins expanded sharply to 59–60.8% from 31% in the year-ago period, reflecting strong operating leverage.
• Derivatives Momentum: BSE's market share in index options average daily premium turnover (ADPTV) rose to 30.2% in January 2026, up from 29.4% in the December quarter.
• Mutual Fund Platform: The BSE StAR MF platform processed a record 7.97 crore transactions in January 2026, with Q3 revenue rising 14% YoY. Market Sentiment & Technicals

• Brokerage Actions: Following the results, major brokerages raised their target prices. Nuvama set a target of ₹3,760, while Motilal Oswal and HDFC Securities raised their targets to ₹3,350 and ₹3,310 respectively.
• Technical Strength: The stock is trading above all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), signaling a sustained bullish trend.
• Institutional Interest: Delivery volumes on February 9, 2026, jumped 39.33% above the five-day average, indicating genuine buying interest rather than speculative trading. 

Key Metrics Summary

While the momentum is strong, analysts highlight potential risks including regulatory changes by SEBI and premium valuations that may require sustained high volume growth to justify.