Brokers worry over restrictions on off-market deals by CDSL, NSDL
Have CDSL and NSDL, both share market depository participants (DPs) that hold client demat accounts, put restrictions on off-market transactions? Shar23-07-2019
23-07-2019
Regulator tells CDSL board to decide soon on new chairman
Company schedules meeting on April 803-04-2019
In the midst of choppy markets, analysts at Axis Direct bullish about CDSL
CDSL got a buy call today from Axis Direct analysts, with the defence for the call citing the digitizing of records business picking up for the company. CDSL’s share in incremental BO accounts increased to 65% in Q4FY18 from 60% the same quarter the past year, and it has gained on the market leader NSDL, with market share increasing from 44% last year to 46.5% in FY18. CDSL has also been pursuing its digitization business aggressively, tying up with both academic institutions and insurance companies to digitize records, as businesses work to get databases online and link these datasets to IDs such as Aadhaar. The full Axis report is here.03-07-2018
CDSL: Safe and secure
Long-term investors can go for the stock, given the strong growth prospects28-04-2018
2 long-term wealth creation ideas: Milan Sharma
If someone is a patient long term investor then definitely CDSL is a right buy04-08-2017
Newly listed companies slip; AU Small Finance tanks 20% from intraday high
CDSL locked in lower circuit of 10% at Rs 400, falling 18% from its intra-day high of Rs 486 on NSE.14-07-2017
CDSL, Hudco, AU Bank rally; what's driving market debutants?
A steep rally in these stocks has surprised many. Analysts are advising to exercise caution.13-07-2017
CDSL sees best listing day gain since D-mart
Shares of Central Depository Services (CDSL) gained 75 per cent during their stock market debut on Friday, the best listing day performance since March, when Dmart operator Avenue Supermart's shares had more than doubled. Shares of CDSL closed at Rs 260.7; the issue price was Rs 149. The stellar debut followed a huge response for its Rs 525-crore Initial Public Offer (IPO), which saw 170 times more demand than the shares on offer. The shares only traded on the National Stock Exchange, hit a high of Rs 270 and a low of Rs 250, with a total of Rs 1,315 crore changing hands. At the closing price, CDSL's market capitalisation was Rs 2,734 crore."The debut was in line with the expectations. The company's IPO was one of the most subscribed in the history of Indian capital markets. CDSL has provided a unique investment opportunity, as it is the first depository to list," said Dharmesh Mehta, managing director, Axis Capital. P S Reddy, managing director of CDSL, says the potential for the...30-06-2017
CDSL stock lists at 68% premium
Central Depository Services (India) Ltd got listed at a premium of 68 per cent at Rs 250 against the issue price of Rs 149 and then went on to gain as much as 80 per cent after listing. The IPO of...30-06-2017
HNI frenzy in IPO meant big gains in the past; will CDSL follow suit?
8 issues, where HNI subscription stood at 100%, in 10 yrs doubled investor wealth on debut.27-06-2017