Central Depository Services (India) Ltd. News and Updates

Name: Latest research reports of Central Depository Services (India) Ltd. authored by Monarch Networth Capital Limited and published by - Trendlyne research reports.
Item: Central Depository Services (India) Ltd.
Rating: 3
Author: Monarch Networth Capital Limited

Keep track of all breaking news on Central Depository Services (India) Ltd. from all sources in a single place.

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Central Depository Services (India) Ltd.

22 Jun 2021

1615.00

0.23%

HDFC Bank sells CDSL shares worth 185 cr through open market transaction

livemint

According to bulk deal data available with the NSE, DFC Bank sold 19.80 lakh shares of Central Depository Services (India) at 936.39 apiece

Central Depository Services (India) Ltd. has gained 30.04% in the last 6 Months

Central Depository Services (India) Ltd.

06 May 2021

1615.00

0.23%

CDSL - Company Update - In its own league

Hold: Central Depository Service...

Recommendation Target

Monarch Networth Capital Limited

Our positive stance on Central Depository Services Ltd (CDSL) is based on the premise of its business model, positioning, and market share gains, return ratios, and free-cashflow yield. The co. has been the biggest beneficiary of the revival in capital market activities evident in 170%+ YoY in its transaction charges (35% of its revenues) and continued growth in its annual issuer charges. With tailwinds in form of GoI initiatives and efforts by CDSL at enhancing its revenue opportunities, we see drivers for strong revenue/earnings growth. However, in the backdrop of recent outperformance and need for consistency, we lower our rating to HOLD, albeit revise our TP upwards to Rs750 (valued on a two-stage dividend discount model). We have argued for valuation...

Number of FII/FPI investors decreased from 313 to 300 in Sep 2025 qtr

Central Depository Services (India) Ltd.

03 May 2021

1615.00

0.23%

CDSL Consolidated March 2021 Net Sales at Rs 103.09 crore, up 72.15% Y-o-Y

Moneycontrol

NULL

Central Depository S.. has an average target of 1150.00 from 1 broker.

CDSL Standalone March 2021 Net Sales at Rs 103.09 crore, up 127.7% Y-o-Y

Moneycontrol | 03 May 2021

Central Depository Services (India) Ltd.

05 Apr 2021

1615.00

0.23%

Anmi urges Maha govt to classify stock brokers as essential services provider

livemint

It also requested that other exchanges like MCX, NCDEX, MSE and depositories-- NSDL and CDSL-- be exempted from restrictions

Number of FII/FPI investors decreased from 313 to 300 in Sep 2025 qtr

Central Depository Services (India) Ltd.

03 Mar 2021

1615.00

0.23%

Will a halt to bull run end brokers' honeymoon with retail investors?

Economic Times

CDSL, which provides depository services, added over 1 crore investors in the last one year.

Central Depository S.. has an average target of 1150.00 from 1 broker.

Central Depository Services (India) Ltd.

24 Feb 2021

1615.00

0.23%

IIFL Securities bags Karvy's demat accounts, Axis Securities gets trading accounts

Business Today

On February 6, depositories NSDL and CDSL had said that trading as well as demat accounts held by Karvy will be transferred to another member or participant through a formal bidding process.

Central Depository Services (India) Ltd. is trading above all available SMAs

Central Depository Services (India) Ltd.

13 Feb 2021

1615.00

0.23%

Robinhoods help CDSL reach 3 cr demat accounts in record time

Economic Times

The company took five years to reach the 20 million active demat accounts from 10 million, but went on to hit the 30 million mark in just a year .

Central Depository Services (India) Ltd. is trading above all available SMAs

Central Depository Services (India) Ltd.

10 Feb 2021

1615.00

0.23%

Buy CDSL; target of Rs 580: HDFC Securities

Moneycontrol

HDFC Securities is bullish on CDSL has recommended buy rating on the stock with a target price of Rs 580 in its research report dated February 04, 2021.

Number of FII/FPI investors decreased from 313 to 300 in Sep 2025 qtr

Central Depository Services (India) Ltd.

04 Feb 2021

1615.00

0.23%

CDSL - Company Update - Gaining further ground

Buy: Central Depository Service...

Target

Monarch Networth Capital Limited

We retain BUY on Central Depository Services Ltd (CDSL) with a target price revised upwards to Rs650. CDSL stands to gain from the strong revival in capital market activities evident in a) increase in Beneficiary accounts (BO), b) surge in deliverybased volumes, c) continued traction in KYC business, and d) steady-rise in annual issuer charges. GoI initiatives (as laid out in the recent Budget), including efforts by CDSL at enhancing its digital footprint, Aadhar-based authentication, online licensing etc. will aid in strong revenue growth / newer revenue opportunities. We are factoring in 20.2%25.1% CAGR in revenue/net profit over FY20-23E. Businesses with a healthy margin profile, asset-light model, and duopoly nature of existence...

Number of FII/FPI investors decreased from 313 to 300 in Sep 2025 qtr

Central Depository Services (India) Ltd.

28 Oct 2020

1615.00

0.23%

CDSL - Company Update - Solidifying its position

Buy: Central Depository Service...

Target

Monarch Networth Capital Limited

We retain BUY on Central Depository Services Ltd (CDSL) with target price revised upwards to Rs560. In our IC note (https://bit.ly/3jAh1O7), we had highlighted CDSL as a play on the revival in capital market activities (as also evident from the test of significance study and stock ). On a systemic-basis, Beneficiary account (BO) addition coupled with delivery-based volumes has been on the rise. This in addition to surge in fund-raising activity by corporates and a steady rise in avenues for annual issuer charges bodes well for CDSL. This was also got reflected in its recent results that saw was a sturdy 69% YoY rise in revenues / 68% YoY rise in PAT. Empirical...