Latest news with #CentralDepositoryServices(India)
Time of India
3 days ago
- Business
- Time of India
CDSL shares witness strong bullish momentum, up 60% from March lows
Shares of Central Depository Services (India) Ltd (CDSL) have now rebounded significantly by 60.4% to Monday's high of Rs 1,680, recovering from its March low of Rs 1,047.5. The surge in CDSL shows a strong bullish momentum and investor confidence in the stock. In today's session alone, by 2:40 pm, the stock had climbed 9.8%. On Monday, by 2:30 pm, 152.99 lakh shares of CDSL were traded on the NSE with a total traded value of Rs 2,496.21 crore. The total market capitalisation of the company stood at Rs 34,903 crore. CDSL Ltd, a player in the financial services sector, has now reclaimed all its key moving averages on the daily charts, a sign that bullish momentum remains intact. The stock, listed exclusively on the NSE, touched a high of Rs 1,989 on December 17, 2024. However, it was unable to sustain the upward momentum and faced a sharp selloff, dragging it below key moving averages on the daily charts. Live Events CDSL Q4 results CDSL reported a 22% year-on-year (YoY) drop in net profit for Q4FY25 to Rs 100.39 crore. Revenue from operations declined 6.7% YoY to Rs 224.45 crore, compared to Rs 240.49 crore a year earlier. Total income declined to Rs 267.37 crore from Rs 255.77 crore in the corresponding period last year, while total expenses increased to Rs 129.40 crore from Rs 100.90 crore. CDSL share price history According to Trendlyne data, over the past year, CDSL shares have risen by 60.86%. The stock has gained 2.03% in the last six months and surged 50.98% over the three-month period. On a one-month basis, it is up by 26.72%.
Business Upturn
3 days ago
- Business
- Business Upturn
CDSL shares rally over 9% today; Check details
By Aman Shukla Published on June 2, 2025, 13:03 IST Shares of Central Depository Services (India) Ltd (CDSL) surged over 9% in trading today, driven by strong volumes. As of 1 PM, the shares were trading 8.77% higher at Rs 1,663.80. The stock opened at ₹1,533.40 and hit an intraday high of ₹1,670.00, before moving in a range with a low of ₹1,531.10. Despite today's rally, the stock remains below its 52-week high of ₹1,989.80, recorded earlier in the financial year. It is, however, well above its 52-week low of ₹917.62. CDSL Q4 results Central Depository Services (India) Ltd (CDSL) reported a 23% year-on-year decline in net profit to ₹100 crore for Q4, as its core depository services business underperformed. Revenue dropped 19.3% sequentially to ₹224.4 crore, with the depository segment alone falling 18% quarter-on-quarter, raising concerns about long-term growth. EBITDA stood at ₹109.35 crore, down 32% from the previous quarter, while margins contracted sharply to 48.73% from 57.79% in Q3 FY24. Retail investor activity also showed signs of slowing. Net new demat account openings fell 30% to 64 lakh in Q4, compared to 92 lakh in the prior quarter. The total value of demat custody declined to ₹71 lakh crore from ₹75 lakh crore, reflecting reduced market participation. Despite the subdued performance, CDSL's board declared a dividend of ₹12.5 per share, offering some relief to shareholders. 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. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
14-05-2025
- Business
- Mint
Best stock picks for today, 14 May, as recommended by Trade Brains Portal
Today, we recommend two stocks, one from the cement sector and the other from the capital markets sector. We also analyse the market's performance on Tuesday to understand what may lie ahead for the stock indices in the coming days. Ambuja Cements Additionally, with a robust capacity addition of 50% over the last 30 months, while increasing revenues simultaneously, the company reduced 19% of costs through acquisitions and OPEX programs. Further, the company targets to reduce the cost from 19% to 12% by FY28. By leveraging rail, sea, and BCT/GU infrastructure strength & optimizing logistics costs, in FY25, the logistics cost decreased by 5%. Also, the company is focused on digital transformation through GPS, RFID, and real-time tracking. Further, reducing the fossil fuel (coal) rate by 12%. However, currently green power consumption stands at 21% and is targeting to consume 60% of power from green by FY28. Recently, the company commissioned 200 MW of solar and 99 MW of wind power. For FY25, sales surged 73%, and the premium cement segment saw 29% sales in Q4FY25, among the highest in the industry. The company has a 350 million user base in the infra-platform. Currently, the company has 24 integrated units, 22 grinding units, and 11 captive ships. It holds 110,000+ channel partners across India. As of FY25, the company has 65% of the clinker factor, 82% share of blended cement, 10 bulk cement terminals, and 101 ready-mix concrete plants. Read this | Shareholding moves in Q4: Million new investors flocked to these firms Central Depository Services (India) Ltd (CDSL) Why it's recommended: CDSL, a depository services company, holds the majority market share of 79% with over 15 crore active client accounts, whereas NSDL holds more than 3.9 crore active client accounts as of 31 March 2025. CDSL has positioned itself as the backbone of retail stock market participation, reinforcing its leadership in the depository ecosystem. In FY25, CDSL opened approximately 3.73 crore new demat accounts. Consolidated total income grew 32% YoY to ₹1,199 crore compared to ₹907 crore for FY25, while net profit grew by 25% to ₹526 crore from ₹420 crore. Key segment performance highlights of Q4FY25 include annual issuer income up 34% to ₹87 crore YoY, transaction charges down by 36% to ₹49 crore, IPO/CA income down by 4% to ₹25 crore, online data charges income declining to ₹37 crore, and other income growing by 21% to ₹58 crore. CDSL also won the Market Infrastructure of the Year Award for its innovative contribution to modernizing market access and infrastructure, including initiatives like eKYC, eDIS, eAGM, single sign-on, Distributed Ledger Technology (DLT), EASIEST, Electronic Consolidated Account Statement (eCAS), eMargin Pledge, and more. These solutions have enabled shareholders to vote securely, streamline KYC processes, facilitate seamless transactions with the DP, and access electronic grievance redressal. CDSL operates through four key business lines. CDSL Ventures Limited is India's first and largest KYC registration agency, with 8.93 crore records and RTA services for 2,638 companies. CDSL Insurance Repository holds over 18 lakh policies across 17.5 lakh e-Insurance Accounts, partnering with 45 insurers. CDSL Commodity Repository enables electronic commodity ownership and transfer via WDRA and IIBH IFSC, strengthening CDSL's market position and growth potential. Read this | Hero MotoCorp's earnings to remain stable but slowing sales will impact revenue Risk Factors: The company charges tariffs for DPs as well as issuers and registrar, and transfer agents (RTAs), which is their main operational income and is dependent on capital market activities. Any market volatility could challenge the revenue of the business. Furthermore, CDSL relying heavily on technology could pose cybersecurity risks like phishing, malware, ransomware, among others, which should be addressed properly to safeguard the business interests. Market recap: 13 May After a strong single-day rally yesterday, the Indian market cooled down as investors started booking profits. The Nifty 50 opened at 24,864.05 and reached an intraday low of 24,547.5, down by -377.2 points, or 1.5%, and closed at 24,578, fell by -346 points, or 1.4%. The BSE Sensex also fell by -1,387 points, or 1.7%, reaching an intraday low of 81,043, and closed at 81,148, down by -1,282 points, or 1.5%. Whereas, Nifty Smallcap 100 and Nifty Midcap 100 traded in green with gains of up to 1%, signaling heightened volatility. The sectoral indices also showed mixed signals, mirroring the volatility of the broader market. Among the sectoral gainers, Nifty PSU Bank topped with 2% gains, peaking at 6,605.6, which continued its rally since Monday after PSU banks like Union Bank of India and Canara Bank reported stronger results this quarter. Nifty Media peaked at 1,619, gaining around 29 points, or 1.8%, followed by Zee Entertainment's rally of around 5% today after an arbitral tribunal ruled in its favour, dismissing Aditya Birla Finance's claim for a loan dispute, and Nazara Tech, up by 2%, due to the post-acquisition of AFK Gaming Private Limited on 10th May. Nifty Pharma bounced back and was among the sectoral gainers with gains of 486 points, or 2.3%, surging up to 21,589, reacting positively as the executive order of Donald Trump on drug price cuts was not as bad as expected. Also read | Is L&T under-promising on FY26 guidance? In the international markets, the Dow Jones index surged (2.81% or 1,161 points) on 12th May 2025, while Dow Jones futures were trading at 42,467, down by (−26.00 points or -0.061%). This is due to a strong rally on Monday, post announcement of a reduction in reciprocal tariffs with the US & China for 90 days. The Asian markets ended on a mixed note, which is due to the strong gains the index logged in the previous session. This is a reversal, and yesterday's US and China tariff reduction deal brings relief for Asian stocks. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Private Limited, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
