Is CDSL a good buy today?

Is CDSL a good buy today?

CDSL’s growth rate is expected to moderate to the pre-pandemic level of 16% CAGR, following two years of solid growth (>50% YoY). The company derives ~68% of revenue from market-linkedactivity, which clocked ~70% YoY growth in the last two years; we expect it to come down to ~15% level.

What is ROE CDSL?

Company is expected to give good quarter. Company has delivered good profit growth of 31.23% CAGR over last 5 years. Company has a good return on equity (ROE) track record: 3 Years ROE 25.71%

Is CDSL is a government company?

Central Depositories Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) are both government registered share depositories in India. Share depositories hold shares in an electronic form.

Is CDSL good for long term?

It shows strong strength and potential in the stock. It has taken out its all-time high and looks to move further in its uncharted territory. The stock looks technically strong on all fronts and fundamentally sound. CDSL is certainly an attractive bet and traders shouldn’t miss the opportunity in this stock.

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Is CDSL a multibagger?

BSE, CDSL shares give multibagger return in a year. Should you buy or hold? Mint. Home / Markets / Stock Markets / BSE, CDSL shares give multibagger return in a year.

Does CDSL give dividend?

Central Depository Services Ltd Ltd. For the year ending March 2022 Central Depository Services Ltd has declared an equity dividend of 150.00% amounting to Rs 15 per share. At the current share price of Rs 1114.35 this results in a dividend yield of 1.35%.

How does CDSL make money?

CDSL earns revenue by charging annual issuer fee to corporates and account maintenance charges, user facility charges and transaction fees to depository participants (DPs). It also facilitates a range of non-cash corporate actions, digitization of academic records, insurance policies, e-warehouse receipts etc.

How do I buy shares in CDSL?

You can easily buy CDSL shares in Groww by creating a demat account and getting the KYC documents verified online.

What is BOID in CDSL?

BOID is Beneficial Owner Identification Number or Demat Account Number which is of 16 digits consisting of 08 digits DP ID and 08 digits Client ID. BO has to approach his/her DP (with whom a demat account is opened) to know the demat account number.

Who is owner of CDSL?

Central Depository Services (India) Ltd. (CDSL), the first listed Indian central securities depository, was founded in 1999….Central Depository Services.

Type Central Securities Depository
Headquarters Mumbai, India
Key people Nehal Vora, (Managing Director & Chief Executive Officer)

Is CDSL promoted by RBI?

The “Central Depository Services Ltd” is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange.

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Who owned CDSL?

CDSL was promoted by BSE Ltd. jointly with leading banks such as State Bank of India, Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank and Union Bank of India.

How do I check my CDSL shares?

CDSL: If you have an active demat account with CDSL, then you can log in to-https://web.cdslindia.com/myeasi/home/login by registering for it using your Beneficiary Owner Identification Number (BO ID).

Can you transfer shares from CDSL to NSDL?

Yes, you can transfer shares from CDSL demat account to NSDL Demat account. While transferring shares from one depository to another, you have to choose ‘Inter-Depository’ option as a transfer mode. Note: The securities you are transferring must be available for dematerialisation on both the depositories.

Is CDSL debt free?

CDSL’s revenue grew 17.8% to Rs146 crore over FY15-17 while net profit over same period grew 24.8% to Rs87 crore. It is a debt-free company, with cash and investments of Rs551 crore as on March 2017.

Which stock will be multibagger in 2023?

Multibagger Penny Stocks For 2023 List. Raj Rayon Industries Ltd. Mid India Industries Ltd. Sylph Technologies Ltd.

Which stock can be multibagger in 2025?

Security and Intelligence Services Ltd.

Which stock can be multibagger in 2021?

Multibagger Stocks of 2021

S.No. Name Qtr Sales Var %
1. Tanfac Inds. 73.25
2. Supreme Petroch. 18.01
3. Guj. Themis Bio. 23.43
4. Manali Petrochem 8.26

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