Central Depository Services (India) Ltd

(CDSL)

Stake Reduction by Funds Amid Rising Market Share - 18 Oct, 2024

Mutual funds and FIIs reduced their stakes in CDSL during Q2, with mutual funds holding 13.36% and FIIs at 13.77%. Despite this, CDSL's market share in demat accounts increased to 78%. The company is set to report earnings on October 26, with shares trading up 0.33% at ₹1,550.05.

CDSL Shares Surge Amid Caution and Profit Booking - 17 Oct, 2024

CDSL shares rose 9% in a week, nearing all-time highs. Analysts advise caution, suggesting profit booking between Rs 1,575 to Rs 1,625, while maintaining a positive long-term outlook.

CDSL Set to Announce Strong Q2 Earnings - 15 Oct, 2024

Central Depository Services (India) Ltd (CDSL) will report its Q2 earnings on October 26, 2024, with analysts expecting a 27% revenue increase and a rise in market share for demat accounts.

CDSL Shares Surge 7% Amid High Trading Volumes - 14 Oct, 2024

CDSL shares experienced a significant increase of over 7%, reaching a high of Rs 1,615 amid strong trading volumes. The stock is currently trading at Rs 1,588.10, well above its 52-week low of Rs 631 but below its 52-week high of Rs 1,664.40.

CDSL Shares Rebound After 11-Day Decline - 09 Oct, 2024

Central Depository Services (India) Ltd shares rose 8% on October 9, 2024, ending an 11-day losing streak. The stock reclaimed the Rs 1,400 mark, with analysts noting potential support and resistance levels.

CDSL Shares Rise 51% YTD Amid Mixed Analyst Views - 07 Oct, 2024

CDSL shares have gained 51% in 2024, closing at Rs 1,372.50. Analysts are divided on the stock's future, with support at Rs 1,348 and resistance at Rs 1,428. The stock is trading below several short-term moving averages but above longer-term ones. Market capitalization stands at Rs 28,685.25 crore.

CDSL Introduces New Uniform Tariff Structure - 26 Sep, 2024

Central Depository Services (India) Ltd. has announced a new uniform tariff of ₹3.50 per debit transaction, effective October 1, 2024, while retaining existing discounts for female account holders and mutual fund transactions. The stock has shown significant gains over the past year.

CDSL Reports Strong Growth and Market Dominance - 22 Sep, 2024

As of June 2024, CDSL holds a 77% market share in demat accounts, managing over 5.85 crore active accounts. In Q1FY25, revenue rose 71.33% to Rs.257 crore, with net profit increasing 81.08% to Rs.134 crore. The share price closed at Rs.1,536.00, up 1.65%.

CDSL Shares Extend Winning Streak to Eight Days - 20 Sep, 2024

CDSL shares rose 1.5% on September 20, 2024, marking the eighth consecutive day of gains. The stock is now 7.5% away from its record high, boosted by a recent bonus share announcement and the reappointment of MD & CEO Nehal Vora. CDSL has gained over 13% in the last three sessions and is currently trading at ₹1,540, reflecting strong momentum despite entering overbought territory.