Close 2026-08-21 1267 scanned A

BSE

BSE Limited
Financial ServicesLarge capRs 43,867 crRs 1,348.5 cr traded a day
Close on 2026-08-21
3,241.00
−1.52%
52-week range51% of the way up
2,040.204,403.30
Market cap
43,867 cr
P/E (TTM)
46.9×
industry 17×
EPS (TTM)
69.12
Revenue YoY
+108.2%
Q3 FY25
Profit YoY
+105.7%
Net margin
28.3%
-0.3pt vs a year ago
Growth trend
-29.1pt
vs last quarter’s YoY
1 month
-9.4%
Below 52w high
35.9%
RSI (14)
30
Daily swing
3.4%
average true range
Volume
1.6×
vs 20-day average
Traded
Rs 1,348 cr
median day
Close200-day averageMaterial filing
2,0003,0004,000Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−5.98%
1 month
−9.44%
3 months
−26.40%
6 months
+15.71%
1 year
+47.71%

The read

written from the numbers on this page
The evidence leans constructive6 supporting, 4 against, 0 worth knowing

Supporting

  • up 48% over twelve months
  • matches falling on heavy volume, which has beaten the market by +1.50 points over 20 sessions across 11,289 past signals
  • 2 of the scans it matches have a positive measured record
  • 3 independent kinds of evidence agree today, which is uncommon
  • revenue grew 108% year on year in the quarter ending 2024-12-31
  • net margin has widened from 21.9% to 28.3% across four quarters

Against

  • trading 1% below its 200-day average
  • 1 of the scans it matches has historically underperformed the market
  • priced at 47× earnings against an industry median of 17× — 173% above its peers
  • futures show a short buildup — new sellers are committing capital

Worth knowing

  • nothing the data supports either way
The most recent financials the exchange publishes for BSE are 20 months old, so everything above about the business is history rather than a current read.
What would change this read: a close back above 3,258, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working2

Revenue +108.2% year on year, Rs 372 cr to Rs 774 cr.

+108.2%Rs 372 crRs 774 cr

Net profit +105.7% year on year, Rs 106 cr to Rs 219 cr.

+105.7%Rs 106 crRs 219 cr
Needs watching
Nothing in the filings stands out either way.
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-6.0%1W-9.4%1M-26.4%3M+15.7%6M+47.7%1Y

What the scans say today

7 of 47 matched on 2026-08-21
BSE matches 7 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Valuation against its own history

500 sessions since 2024-09-06
24×
median 36×
57×
now 47×
BSE trades at 47× trailing earnings, above its median of 36× over this window — 30% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

The business

from the company’s filed results
These figures are 20 months old. The most recent quarter the exchange feed publishes for this company ended 2024-12-31. Treat the growth rates below as history, not as a current read — the business may look quite different now.
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
22721631537248860874677439.0%204.1%21.9%28.3%Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 108% against the same quarter a year earlier
  • profit rose 106% year on year
  • revenue rose in 4 of the last 4 quarters

Going against it

  • net margin narrowed from 46.3% to 28.3%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q3 FY25
2024-12-31 · consolidated
77426821916.0028.3%
Q2 FY25
2024-09-30 · consolidated
74643234625.2546.3%
Q1 FY25
2024-06-30 · consolidated
60832726419.3043.5%
Q4 FY24
2024-03-31 · consolidated
4881301077.7921.9%
Q3 FY24
2023-12-31 · consolidated
3721271067.8828.6%
Q2 FY24
2023-09-30 · consolidated
3151631188.7737.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-12.1%
Versus 200-day average-0.5%
Below 52-week high-26.4%
Above 52-week low+58.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)30.3
Higher closes in last 51 of 5
Six-month return+15.71%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.40%
Volume versus 20-day1.6x
Median daily turnoverRs 1,348.5 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot+0.04%
Open interest change+1.0%
Put / call ratio0.43
Put wall (support)3,200
Call wall (resistance)3,600
Max pain3,400
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Financial Services · 116 classified companies
BSE trades at 46.9× trailing earnings against an industry median of 17.2× across 98 other classified companies in its industry — more expensive than them, by 173%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HDFCBANK1,119,59813.8−2.72%−23.03%1,892.2
ICICIBANK1,018,80717.1−1.02%+1.85%1,533.6
SBIN968,01311.3+3.57%+30.45%918.6
BAJFINANCE681,18933.0+5.31%+23.02%738.2
KOTAKBANK400,65319.5+5.07%+3.68%372.3
AXISBANK387,54313.9+1.86%+17.95%718.6
SHRIRAMFIN265,87821.7+10.16%+93.29%425.4
JIOFIN161,11778.0+4.65%−21.73%340.3
CHOLAFIN158,89627.6+8.48%+30.15%252.3
TATACAP153,945+6.91%51.2
UNIONBANK140,0396.9+8.94%+43.70%181.3
BSE43,86746.9−9.44%+47.71%1,348.5
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-191Back above the 200-day line
2026-08-181Hammer — long tail below