BSE Ltd slips over 3% despite reporting significant jump in PAT, revenue in Q3 results
In its December quarter results, BSE Ltd reported 2.2 times jump in its profit after tax (PAT) to Rs 106 crore. Revenue from operations also soared by 78.2 per cent, while margins were higher by 34.2 per cent in the December quarter.
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BSE Ltd Share Price: BSE Ltd traded down in morning deals on NSE on Tuesday (February 6, 2024) despite the company reported a surge in profit after tax (PAT) and revenue from operations in its third-quarter results.
The stock of the company was trading lower by 3.44 per cent, or Rs 88.05, at Rs 2473.00 at 10:17 am on Tuesday.
The BSE stock hit a 52-week high of Rs 2598.95 on NSE on Monday.
In its December quarter results, BSE Ltd reported 2.2 times jump in its profit after tax (PAT) to Rs 106 crore.
Revenue from operations also soared by 78.2 per cent for the company, while margins were higher by 34.2 per cent in the December quarter.
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