Stocks to watch today: The stocks of BSE Limited, one of the oldest stock exchange companies in Asia, have created a storm in the stock market. The stock of this company has given investors big returns even in the difficult situation of the stock market in recent times. One of the reasons for which is the growth of the company’s business. This company has earned a huge profit this year compared to last year. The scope of business has also increased. That is why the price of this company’s stock is also increasing rapidly. Most notably, investors are rushing to buy this company’s stock as soon as the company publishes its December quarterly earnings report.
BSE Limited’s net profit has increased by 174 percent
This popular company in Asia has been gradually moving forward in terms of income in recent years. According to the report published by this company for the December quarter recently, the company’s net profit has increased by 174 percent to 603 crores. The company’s profit has increased by 12 percent compared to the last September quarter. At that time, the company’s profit was 538 crores.
Stock price rises after the report is released
Asia’s oldest stock exchange BSE Limited’s stock price jumped 3 percent to Rs 2,986 after it released its December quarterly earnings report. The stock closed at that price before the stock market closed on February 9. Needless to say, the company’s total income has increased by 62 percent year-on-year. As a result, the company’s stock price has naturally risen.
Several experts are claiming that this stock will give investors big returns in the future as well. Meanwhile, after such statements by experts, investors are in a hurry to buy BSE Limited’s stock. Various shareholder companies are also gradually increasing their investment in this popular stock exchange company in Asia. Some brokerage firms have already stated that the price of this company’s stock or shares will go far.
(Note: Investing in the stock market is subject to financial risk. Do not invest in any stock just by reading this report. This news is mainly prepared to convey information related to the stock market to the readers. Please seek expert advice before making any decision regarding recruitment.)
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