Shares of Central Depository Services Limited (CDSL) today surged 6% to an intraday high of Rs. 1259.80. The stock has rebounded sharply from its recent lows this month.
CDSL Share price today
On Friday, March 28, 2025, CDSL share price traded at Rs. 1,227.40, gaining ₹39.70 (3.34%) in intraday trade. Over the past five days, CDSL stock declined 1.02%, while it surged 10.79% in the last month. However, over the past six months, CDSL's share price dropped 14.59%, and its year-to-date (YTD) performance shows a decline of 32.14%. Despite short-term volatility, CDSL stock price has surged 43.39% in the last year and delivered an impressive 1,084.75% return over the past five years.
As of March 28, 2025, CDSL's market capitalisation stood at Rs 25.65 k crores. The 52-week low of Rs. 837.50 was recorded on March 27, 2024. The stock's 52-week high was Rs. 1,989.80 on December 17, 2024.
CDSL Share Price Target
According to PL Capital (Prabhudas Lilladher), CDSL has shown a strong recovery from its recent lows near the Rs.1,040 level, forming a higher bottom pattern on the daily chart. The stock is approaching the crucial 50 EMA at the Rs. 1,269 zone, signalling a potential trend reversal. With strengthening momentum and the RSI steadily rising from the oversold zone, further upside movement is anticipated. Technical indicators suggest a bullish outlook, with a target price of ₹1,500 (19.81% upside) and a stop loss at Rs. 1,180 (5.75% downside). Given the strong technical setup, PL Capital recommends buying CDSL for potential gains in the coming sessions. However, investors should conduct their own research and consider market risks before making any investment decisions.
CDSL Q3FY25 Financial Report
Despite long-term bullish sentiment, CDSL's Q3 FY25 results disappointed investors. While profit after tax (PAT) increased 21.5% YoY to ₹130 crore, sequentially, net profit plunged 38.6% from Q2 FY25. Total income also saw a 27.47% QoQ decline, sparking concerns over near-term growth momentum. Central Depository Services Limited (CDSL), India's sole publicly listed depository, has demonstrated remarkable growth and resilience in the financial markets. From a modest ₹103 per share in 2020, CDSL's stock price has surged to ₹1,246 in 2025, marking an astounding 1,112% increase over five years.
Bonus Issue and Dividend Payouts
In July 2024, CDSL announced a 1:1 bonus issue, granting shareholders one additional share for each share held. This move aimed to enhance liquidity and make the stock more accessible to investors. Additionally, the company declared a total dividend of ₹22 per share in 2024, comprising a final dividend of ₹19 and a special dividend of ₹3. The company also marked a major milestone in February 2025 by becoming India's first depository to surpass 60 million active demat accounts.
About CDSL
Central Depository Services (India) Limited (CDSL), established in 1999, is a leading securities depository in India, providing secure and dependable depository services to market participants. As of February 2025, CDSL has achieved a significant milestone by surpassing 60 million active demat accounts. It is regulated by the Securities and Exchange Board of India (SEBI) and serves stock exchanges, brokers, clearing corporations, and individual investors. The company offers a comprehensive range of services, including dematerialisation and rematerialisation of securities, electronic holding and transfer, pledge facilitation, and e-voting services for companies. Additionally, CDSL provides centralised record-keeping of Know Your Customer (KYC) documents for capital market investors. Its extensive network comprises 577 depository participants across 17,829 locations, ensuring widespread accessibility as per data on the company website.
Disclaimer: The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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