CDSL posts a sharp hike

DSIJ Intelligence / 07 Aug 2017

CDSL posts a sharp hike

BSE’s subsidiary Central Depository Services (CDSL) has witnessed a sharp surge on Monday’s intra-day trade. The stock gained 5.55% at Rs 329 per share at 1048 hours on the BSE.

BSE’s subsidiary Central Depository Services (CDSL) has witnessed a sharp surge on Monday’s intra-day trade. The stock gained 5.55% at Rs 329 per share at 1048 hours on the BSE. The total traded volume stood at 32,91,395 shares and the total traded value was Rs 10,641.41 lakhs on the NSE.
 
The company has been maintaining a dividend payout of 34.21%. The stock has given a dividend yield of 0.96%. On a yearly basis it has given 26.67%.
 
Central Depository Services (India) operates as a securities’ depository in India. The company offers a wide range services such as depositary participants and other capital market intermediaries, corporates, capital market intermediaries, insurance companies, and others.

The company offers dematerialization for a range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities.

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