Hot Pursuit     23-Nov-23
CDSL spurts on turning 1st depository to register 10-cr demat accounts
Central Depository Services Limited (CDSL) jumped 4.36% to Rs 1,794 after the company said it crossed a milestone of registering over 10-crore demat accounts.
CDSL is India’s leading and only listed depository. It maintains and services more than 10 crore demat accounts of investors or beneficial owners (BOs) spread across India. These BOs are serviced by CDSL’s 580+ depository participants (DPs) from over 20,000+ locations.

Meanwhile, investors sought bargains as the CDSL stock dropped 6.77% in the last six sessions. It has surged 34% in the past month and 48% in the past year.

On a consolidated basis, net profit of CDSL rose 35.37% to Rs 108.85 crore while net sales rose 39.18% to Rs 207.31 crore in Q2 September 2023 over Q2 September 2022.

Previous News
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 ( Hot Pursuit - 07-Feb-22   09:47 )
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