Central Depository Services (India) Ltd (CDSL)

CDSL Slashes Transaction Charges by 50 Paise - 11 May, 2024

Central Depository Services (India) Ltd has reduced transaction charges by 50 paise per debit across all existing slabs. Additional discounts of 25 paise for female account holders and Rs. 0.25 per debit transaction for Mutual Funds ISINs and Bond ISINs will be offered.

CDSL Sees Record Demat Account Additions in Q4 FY24 - 08 May, 2024

Central Depository Services (India) Ltd (CDSL) and National Securities Depository Ltd. (NSDL) saw record-breaking demat account additions in Q4 FY24, with over 10 million accounts opened. East India Securities recommends holding CDSL with a target price of Rs 2,169 per share.

Central Depository Services (India) Ltd Beats Expectations in FY 2024 Earnings - 07 May, 2024

Central Depository Services (India) Ltd reported revenue of ₹9.07b, up 48% YoY, and net income of ₹4.19b, up 52% YoY, beating analyst estimates by 4.4%. EPS was ₹40.11, up from ₹26.41 in FY 2023, surpassing estimates by 6.4%. The company's profit margin increased to 46%, driven by higher revenue. Revenue is forecasted to grow at an average rate of 8.9% p.a. for the next three years. The stock price has risen by 1.7% over the past week.

CDSL Reports Strong Financial Results and Record Number of Demat Accounts - 06 May, 2024

Central Depository Services (India) Ltd (CDSL) reported strong financial results for Q4FY24 and FY24, including an 86% YoY increase in total income and a 63% YoY increase in net profit. The company also announced a record number of demat accounts and recommended a final dividend of Rs.19 per share and a special dividend of Rs.3 per share.

CDSL Reports Strong Financial Results for Q4FY24 - 04 May, 2024

Central Depository Services (India) Limited (CDSL) reported strong financial results for Q4FY24, with a significant increase in net profit and total income. The company also declared a final dividend of Rs 22 per equity share for the financial year 2023-24.

Central Depository Services (India) Ltd Stock Shows Strong Uptrend - 18 Apr, 2024

Central Depository Services (India) Ltd stock has shown a strong uptrend, with a 130% increase in just 45 weeks. A High Wave-like candle formed in February, leading to a period of consolidation with subdued trading volume, suggesting a routine correction following the upward surge.

Central Depository Services (India) Ltd Shows Signs of Resuming Upward Trend - 15 Apr, 2024

Despite trading within a certain range in recent weeks, Central Depository Services (India) Ltd is showing signs of resuming its upward trend. The stock has closed above the recent congestion zone and there has been an increase in trading volumes during the period of up-move, suggesting strong accumulation. With prices comfortably above key averages and oscillators indicating positive positions, the outlook for buying remains supported.