BSE reported a significant 62% profit jump and 63% revenue increase for the first quarter. Investment income also saw a sharp rise during the reported period. Analysts maintained positive calls but reduced price targets due to regulatory changes. Industry volumes declined, impacting profit estimates for upcoming financial years. BSE shares experienced a slight decline after the financial results were announced.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while