ASM Framework is a regulatory tool that is used to monitor and control excessive instability or abnormal price activities by stock exchanges. Shares added to the ASM list are subject to advanced verification and trade restrictions such as high margin requirements and limits on intraday trading, to protect investors and maintain market integrity.
In the last three months, the stock has been rallying 116.6% and surprisingly 225.6% in the past year. In the past month alone, the BSE has increased by about 32%, and increased by 58.5% in the last six months. The intense run-up in the counter trigger the potential regulatory probe, as exchanges usually place stocks under ASM to control excessive instability and speculative activity.
Technical indicators indicate excessive conditions
From a technical point of view, BSE shares are trading above seven of their eight key Simple Moving Average (SMA), including 10-day, 20-day, 30-day, 50-day, 100-day, 100-day, 150-day and 200-day SMA. However, the stock has gone down to 5-day SMA reflecting short-term weakness.
The Relative Strength Index (RSI) is currently.9..9, which is above the overboat threshold of 70, indicating that the stock is pending for pullback. However, the Moving Average Convergence Diversion (MACD) remains firmly positive at 208.2, which remains above both its center and signal line – indicating that the speed of the boom is intact despite the decline on Wednesday.
In view of the latest rally strong earnings
In recent months, BSE’s sharp benefits were supported by a strong fourth quarter earnings. India’s oldest stock exchange has increased the net profit by 362% (YO) for the January-March 2025 period. Revenue from the operation increased 75% yoy to Rs. 847 crore.
Operating Perating EBITDA, including the contribution of the Core Settlement Guarantee Fund (SGF), a year ago, Rs. Compared to Rs 95.7 crore, Rs. Three times in 594 crores. EBITDA margin significantly extended up to 70%.
The transaction charge, the key income driver connected with trading activity, has increased 112% Yoy 612 crore compared to 288 crore in the same period last year. In the Q3 financial year 25, investment revenue has also been 70 crore compared to 55.2 crore. However, the revenue of the treasury was Rs 44.3 crore compared to Rs 58 crore a year ago.
The BSE board also announced a total dividend of Rs 23 per share, including a special dividend and 18 rupees as a regular dividend to mark the 150th year of the exchange.
In commenting on its earnings, the company said that the intention is to increase the market share in the segment by keeping investors’ participation and fastening the overall market turnover in India.
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