CDSL shares gain over 4% after total active demat account registration crosses 10-crore mark
Shares of CDSL opened at 1,740, and gained 4.65 per cent to hit an intra day high of 1,825 apiece, against a 52-week high mark of 1,897 apiece on the NSE.
CDSL: What should investors do after a sharp rally?
High entry barrier and other positive factors to drive the business growth of the depository
Chartist Talks | CDSL to surpass all-time high soon as chart structure looks extremely bullish
Last week, CDSL has already registered fresh all-time high on weekly closing basis. "We don't expect major correction in the stock in the near term," Vinay Rajani says.
Hot Stocks | Here's why you should bet on CDSL, Rain Industries for the short term
The undertone seems upbeat with buy on dip' being the most suitable approach. CDSL net profit up 28 pc on robust demat addition
Income was up 19 per cent at 174 crore (146 crore) Positive Breakout: CDSL & 8 stocks cross their 200 DMAs
The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
CDSL shares may see more upside driven by investor participation, say analysts
As CDSL generates revenues from transaction charges, settlement charges and account maintenance charges paid by depository participants, analysts said believe a rise in trading activities in the stock market to be positive for the depository.
CDSL bounces back 2% after BSE's stake sale, rise in demat accounts
The stock had fallen sharply on June 14 after BSE sold a 4.5 percent stake in CDSL. The stock got a boost as 21 lakh demat accounts were opened in May, which is 33 percent more than those in April