Reason for Fall in Stock Price: CSDL Analysis
The major reason behind CDSL Stock holding touching the lower circuit of 5% on Thursday 22nd July 2021 is because the stock is under the list of Securities Exchange Board of India (SEBI) ASM List.
Correspondingly, Is CDSL good for long term Quora? Yes, it’s a good stock from long term perspective. At the same time never place all your eggs in one basket, diversification is the name of the game. In last 5 years CDSL has grown from Rs 261 in 2017 to Rs 1346 wooping 418% return,in Jan 21 it was Rs 482, number don’t lie.
Which is better NSDL or CDSL? If we compare NSDL and CDSL, there is not much difference between the NSDL and CDSL demat account. Both NSDL and CDSL are regularized by Indian Government and offers same facilities to customers. Hence, being an investor there is no reason to think much about which repository your account is registered to.
Furthermore, Is CDSL a government company?
Central Depository Services (India) Ltd (CDSL), is the first listed Indian central securities depository and a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India based in Mumbai.
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Central Depository Services.
| Type | Central Securities Depository |
|---|---|
| Key people | Nehal Vora, (Managing Director & CEO) |
Is Zerodha a CDSL?
Zerodha Broking Limited, the Depository Participant(DP), is a member of CDSL(Depository).
Can CDSL be multibagger? 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.
Why is CDSL share price going up? Among the primary reasons behind these stocks’ rally could be given to the rise in the demat accounts that have surged during the pandemic as new investors turn up and these companies are the dominant players in their space.
How many DP are there in India?
No.
Currently there are two depositories operational in India.
Who is bigger CDSL or NSDL? CDSL started operations in Mumbai in 1999 and is the second-largest depository in the country after NSDL. Like NSDL, it provides all services, like holding financial securities in the electronic format and facilitating trade and settlement of orders.
What is DP name in Zerodha?
Your Depository Participant (DP) name is Zerodha broking limited. The DP is a member of the depository.
Who owned CDSL? CDSL offers an efficient and instantaneous transfer of securities. CDSL was promoted by BSE Ltd. jointly with leading banks such as State Bank of India, Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank and Union Bank of India.
Who owns CDSL?
Working for the Bombay Stock Exchange (BSE), CDSL is promoted by the State Bank of India, Bank of Baroda, Axis Bank, HDFC Bank, Union Bank of India, and Standard Chartered Bank. Nearly 600 stockbrokers are associated with CDSL in different capacities.
Can I sell shares directly from CDSL?
You can also set a pre-authorizing sell from the CDSL portal using a simple process. We all know that it is too much work when you have to sell the stocks and keep entering the TPIN on and again for every other sale. Therefore, you get to pre-authorize the sale of your stocks and the process is really simple.
How many DP are there in India? No.
Currently there are two depositories operational in India.
How do I sell CDSL shares? Click on “manage authorisations” on the “Authorise sell transaction” screen to select stocks that you wish to authorise for selling. It is best to have all your stock holdings authorised to sell, so you don’t have to do this process multiple times.
Is Irctc a good buy?
Stock market experts said that the stock has strong support at ₹640 whereas it has strong resistance at ₹930. So, . They advised positional investors to buy IRCTC shares at around ₹670 apiece levels for medium term target of ₹930 per share levels.
Is CDSL profitable? The company reported a net profit of Rs 1.49 crore against a net loss of Rs 17.15 crore in the corresponding quarter last year.
Is Bata India a debt free company?
Bata is a debt-free company with a strong cash balance of close to Rs 800 cr, which along with negative working capital and improving store fundamentals will help the company take care of its near-term expansion plans without any disruptions. Sharekhan has recommended Buy on Bata India with a price target of Rs 1550.
Who are the competitors of CDSL? Competition
| Name | Last Price | Net Profit |
|---|---|---|
| IRCTC | 747.60 | 189.90 |
| CDSL | 1,418.45 | 160.06 |
| Quess Corp | 634.05 | -99.85 |
| Delta Corp | 288.35 | 77.31 |
