Bombay Stock Exchange (BSE) shares dipped despite reporting a 61% surge in March quarter net profit to Rs 797 crore, driven by an 85% revenue increase to Rs 1,564 crore. Transaction charges were the primary growth driver, soaring 114% year-on-year. Nuvama maintains a ‘Buy’ rating, citing BSE’s lower impact from weekly contract reductions and significant headroom for derivatives customer growth.
Bank of Baroda Q4 results: PAT grows 11% YoY to Rs 5,616 crore; NII up 9%
Bank of Baroda posted an 11.2% rise in Q4 consolidated profit, driven by higher net interest income, strong loan growth and improved asset quality. Deposits