CDSL: Don't Miss the Boat!

5 พ.ค.

Technical’s

After 2.5 years of consolidation, recently CDSL has experienced a channel breakout, then moved to stage- 1 & 2 breakout & consolidation. CDSL is now advancing towards a potential stage 3 breakout

There has been an increase in trading volumes since 27/03/24

Stock is trading above all key moving averages

Fundamentals

Posted stellar Q4 results – with highest ever EBITA,PBT and PAT in any quarter in company’s history

For the entire financial year 2023-24, CDSL reported a net profit of Rs 420 cr., marking a surge of 52% from the preceding year

Market Leader: CDSL is India's leading and only listed depository

CDSL had over 11.56 crore demat accounts in March 2024 showcasing its continued dominance

CDSL has announced a final dividend of Rs. 19 + a special dividend of Rs 3 per equity share- Pending for share holders approval.

Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.