Is it good to buy CDSL shares now?

Is it good to buy CDSL shares now?

Investment Rationale 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.

Why is CDSL share price going up?

For the FY 2021-22, the company earned a total operating income of Rs 415 crores, increasing by 53% on the back of increase in transaction income (67%) and annual issuer charges of (34%). The total net profit increased by 65% to Rs 264 crores mainly due to increase in total income by 54%.

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%.

What is best price to buy CDSL shares?

Buy CDSL, target price Rs 1500: HDFC Securities

• Financials. …
• Investment Rationale. …
• Promoter/FII Holdings.

Is CDSL good for long term investment?

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.

Is CDSL profitable?

Revenue & Profitability:- CDSL has been consistently growing both in terms of revenue and profit. The revenue has grown at a CAGR of 15.52% and 16.38% in the last 3 and 5 Years period.

Can CDSL fall?

CDSL Central Depo is falling or rising technical reasons Stock is falling and might fall more. Stock of Central Depo (CDSL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower…

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.

What is the target of CDSL?

CDSL Share Price

4th UP TARGET	4252.23
1st UP TARGET	2278.25
1st DOWN TARGET	721.35
2nd DOWN TARGET	175.72
3rd DOWN TARGET	-369.91

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).

What is the record date for CDSL dividend?

Corporate actions: Dividend history for Central Depository Services (India) Ltd.

Ex-Date	Dividend Amount	Record Date
Sept. 13, 2021	9.00	Sept. 14, 2021
Sept. 7, 2020	4.50	Sept. 8, 2020
Sept. 6, 2019	4.00	Sept. 10, 2019
Aug. 9, 2018	3.50	–

Who are the shareholders of CDSL?

presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.

Shareholding Pattern – Central Depository Services (India) Ltd.
Promoters	20900000	20%
ForeignInstitutions	10223543	9.78%
NBanksMutualFunds	8525549	8.16%
Others	7916155	7.58%

How do I invest in CDSL?

Do’s. Register for CDSL’s internet based facility ‘easi’ to monitor your demat account yourself. Contact your DP for details. Register for CDSL’s SMS Alert facility – SMART and obtain alerts for any debits or credits due to a corporate action,in your demat account.

How can I invest in CDSL shares?

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

What is CDSL company?

Central Depository Services (India) Limited (CDSL) is one of India’s leading securities depositories. The company was initially promoted by the BSE Ltd. which thereafter divested its stake to leading banks. All leading stock exchanges like the BSE Ltd.

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.

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.

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.