NSE shares cross ₹2,000 for first time, market cap nears ₹5 lakh crore

Résumé détaillé

NSE's recent momentum comes after NSE reported a 23% year-on-year increase in consolidated net profit to ₹2,578 crore for the September quarter, compared with ₹2,098 crore in the year-ago period.

Shares of the National Stock Exchange of India (NSE) Ltd. rose about 1% to cross the ₹2,000 mark for the first time in intraday trade on Friday, November 13, hitting a fresh 52-week high of ₹2,007.60.

The stock has pared some of the gains and was trading 0.3% higher at ₹1995.10 around 10.45 am. Today's move has also taken the exchange's market capitalisation close to the ₹5 lakh crore mark.

The stock has gained in eight of the past nine trading sessions, rising nearly 11.5% over the period. It has also moved about 11.5% above its listing price of ₹1,800, at which it closed on its BSE debut on September 24. The shares were listed at a modest premium of 0.9% to the issue price.

The stock's recent momentum comes after NSE reported a 23% year-on-year increase in consolidated net profit to ₹2,578 crore for the September quarter, compared with ₹2,098 crore in the year-ago period.

Consolidated total income rose 9% to ₹4,554 crore, while operating earnings before interest, tax, depreciation and amortisation (EBITDA) more than doubled to ₹3,079 crore. The EBITDA margin stood at 76%.

Revenue from transaction charges increased 9% year-on-year to ₹3,035 crore, supported by higher trading volumes in the cash market and equity options segments. The cash market recorded an average daily traded volume of ₹1.18 lakh crore, up 24% from the corresponding quarter last year.

For the first half of FY27, consolidated net profit increased 13% year-on-year to ₹5,698 crore, while total income rose 9% to ₹9,807 crore.

A recent recovery in the equity markets has also boost fortunes of the capital market-linked stocks, including NSE.

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