BSE (Bombay Stock Exchange) share price surged over 6% on Friday, May 23, 2025, as the stock turned ex-bonus for its 2:1 bonus issue. After three consecutive sessions of losses, this announcement provided the much-needed momentum, lifting investor sentiment.
Let’s explore why BSE stock is buzzing, what the 2:1 bonus share means for shareholders, and what’s next for the exchange amid SEBI’s upcoming changes.
Why Did BSE Share Price Rally Today?
BSE shares opened strong and climbed to an intraday high of ₹2,467 per share on the NSE. This rally comes after the company went ex-bonus, marking Friday, May 23, as the record date for its 2:1 bonus share issuance.
The rally marks a reversal from the 5% slump seen earlier this week as the record date approached. With this gain, BSE shares have now snapped a three-day losing streak.
Bonus Share Details: What is a 2:1 Bonus?
BSE had earlier received shareholder approval for the bonus issue in a 2:1 ratio, meaning investors will receive two additional fully paid-up equity shares (₹2 face value) for every one share they already own.
The company’s official exchange filing reads:
“We wish to inform that the Company has fixed Friday, May 23, 2025, as the Record Date for determining the eligibility of shareholders for issuance of Bonus Shares.”
Bonus share allotment will take place on Monday, May 26, and the new shares will be available for trading on Tuesday, May 27.
So, if you held BSE shares as of May 23, you are eligible for the bonus.
SEBI’s Role: Tuesday as Expiry Day for NSE?
While BSE stock was climbing, another significant development also surfaced. According to media reports, SEBI is likely to approve Tuesday as the new expiry day for index contracts on NSE.
Currently, NSE contracts expire on Thursdays, while BSE’s derivatives expire on Tuesdays. The change, once confirmed, will align expiry days across stock exchanges, preventing confusion and overlap.
SEBI’s Secondary Market Advisory Committee (SMAC) recently reviewed the proposal and is expected to release an official circular soon.
Strong Earnings Back the Rally
BSE’s recent financial performance has also been impressive. For Q4 FY25, the company reported:
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Net Profit: ₹494 crore (YoY growth of 361.7%)
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Operational Revenue: ₹846.6 crore (Up 75% YoY)
The company’s board also declared a total dividend of ₹23 per equity share (face value ₹2), including:
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Regular Dividend: ₹18
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Special Dividend: ₹5
These robust financials reflect strong market activity, improved trading volumes, and effective cost management.
Should You Buy BSE Shares Now?
With the bonus shares announcement, strong Q4 earnings, and upcoming SEBI regulatory changes, investor interest in BSE is surging. However, here are a few points to consider:
✅ Pros:
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Increased liquidity due to bonus shares.
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Solid Q4 financial results.
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Positive sentiment from dividend payout.
⚠️ Cons:
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Possible short-term volatility post bonus share allotment.
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Competitive pressure from NSE, especially after SEBI’s expiry day decision.
Long-term investors may find BSE a strong play in the capital markets space, but it’s essential to track regulatory developments closely.
Peer Comparison: How BSE Stacks Up
Compared to its key rival NSE (not publicly listed), BSE is smaller in terms of trading volumes but has been gaining ground through innovation, faster settlements, and attractive corporate actions like bonus issues and dividends.
For public investors, BSE offers rare exposure to the stock exchange business, which is usually dominated by private or government-run entities.
Final Thoughts
BSE’s 2:1 bonus issue has sparked fresh interest among retail investors. With robust earnings, a healthy dividend, and favorable regulatory developments, the stock could maintain its momentum in the near term.
If you owned BSE shares before the May 23 record date—you now own more.
But with SEBI introducing new expiry norms and market volatility always lurking, investors should monitor the situation and invest wisely.
