BSE stock
BSE.NSNSEBSE Limited, Financial ServicesISIN INE118H01025
74Score 74 out of 100, Strong
Price and trend
63 / 100
Price history
+41% in one yearThe chart shows daily closes over 10 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 15% above it.
Since October 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 90).
The price is 11% below its 52-week high. Largest decline in 10 years: 75% (June 2017 to March 2020).
Chart figures for advanced users
- SMA 50$35.92
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$36.28
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)90
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$26.10
- The lowest closing price of the last twelve months.
- Resistance$46.80
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- BSE Limited belongs to the Financial (Data & Stock Exchanges) industry (India) and, with a market value of $16.92B, is number 12 of 23 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $547.18M (up 74.1% year on year) and earnings of $265.4M (up 88.3%).
- For fiscal 2027, analysts expect on average revenue of $668.97M (up 22.3%) and adjusted earnings per share of $0.86 (up 32.3%).
Show more
- MEQIRI Score 74 out of 100 (Strong): rank 256 of 975 in Financial Services, median 68.
- The P/E is 51.7 (Financial (Data & Stock Exchanges) median 27.1, own median of recent years 22.5).
- Our model puts fair value at $18.44, with the price 125% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 59.3% a year since 2021, Financial Services sector median 11.7%.Growth 70
- High marginNet margin 50.7% over the last 12 months, Financial Services sector median 28.4%.Profitability 97
- High return on capitalReturn on invested capital 35.3% in fiscal 2026, Financial Services sector median 1.6%.Profitability 97
Weaknesses
- Above fair valuePrice 125% above the fair value of $18.44.Valuation 11
- Margin may fall backOperating margin 63.1%, average of the prior years 23.1%, which ranged from −6.8% to 48.1%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.
- Richly valuedP/E 51.7, Financial (Data & Stock Exchanges) median 27.1, own median 22.5.Valuation 11
Its standout strengths are profitability and fundamentals, while valuation holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $14.18 and expensive above $26.34 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $15.12 (cash-flow model) and $21.76 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 13.4%. At 14.4% the fair value would be $17.42, at 12.4% it would be $19.83.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (27.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 64.9% on the twelve months before. Revenue has grown strongly since 2012, at around 22% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross 88%, operating 63%, net 49%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 9 Feb 2027in 88 days
- Last reported
- 4 Nov 2026EPS reported $0.21 (expected $0.15)above expectations
Analyst estimates
Earnings estimates have barely changed since 25 Oct 2026.
- Earnings per share
- $0.86+2.5%
- Revenue
- $668.97M+1.0%
- Earnings per share
- $1.00+1.4%
- Revenue
- $770.88M−0.1%
MEQIRI has stored the estimates since 25 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at BSE
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 74
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Financial (Data & Stock Exchanges)
The next larger and next smaller companies by market value
- MSCIMSCI $46.59B83
- Cboe Global MarketsCBOE $38.49B78
- Coinbase GlobalCOIN $34.6B41
- EuronextENX.PA $18.28B70
- TransUnionTRU $15.44B71
- Japan Exchange Group8697.T $14.01B71
- B3 S.A. - Brasil, Bolsa, BalcãoB3SA3.SA $13.17B67
- TMX GroupX.TO $12.12B71
ETFs that hold BSE
Held by 31 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI India UCITS ETFQDV5 | 0.47% | 0.65% | €4.98B |
| Franklin FTSE India UCITS ETFFLXI | 0.47% | 0.19% | €2.45B |
| Franklin FTSE Asia ex China ex Japan UCITS ETFFVSJ | 0.10% | 0.14% | €547.95M |
Show 5 more
| State Street SPDR MSCI EM Asia UCITS ETF Accum USDSPYA | 0.09% | 0.55% | €1.34B |
| Amundi MSCI EM Asia ESG Broad Transition UCITS ETF AccLCUA | 0.08% | 0.25% | €661.06M |
| State Street SPDR MSCI Emerging Markets UCITS ETFSPYM | 0.08% | 0.18% | €1.92B |
| UBS Core MSCI EM UCITS ETF USD disUIMI | 0.07% | 0.15% | €10.57B |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.06% | 0.17% | €5.24B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.