Shares of Central Depository Services (India) Ltd (CDSL) climbed by almost 2% today, reaching ₹1,618.85 on the NSE as of 12:07 pm. The stock showed positive momentum, trading within a day range of ₹1,576 to ₹1,678.85, with a robust trading volume of 4.65 million shares, indicating strong investor interest.
This price movement follows the stock’s previous close at ₹1,600.95, marking a substantial gain driven by increased market activity. CDSL, being an essential player in India’s financial infrastructure, continues to attract attention as the demand for depository services grows with the increasing participation in India’s equity markets.
The company currently has a market capitalization of ₹338.76 billion and a P/E ratio of 70.66, reflecting high investor expectations for its growth prospects.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
