CDSL hits upper circuit for the first time

India Infoline News Service | Mumbai | July 13, 2017 14:15 IST

One of the most popular stock in market, Central Depository Services Limited (CDSL) has locked in its upper circuit for the very first time after listing.

One of the most popular stock in market, Central Depository Services Limited (CDSL) has locked in its upper circuit for the very first time after listing.
 
There are only buyers of CDSL in the market as the stock got locked in its upper circuit of 10% on NSE at Rs 444.3 per share as of 1403 hours. The total traded volume stands at 1,57,75,718 shares and total traded value at Rs 671.93 crore.
 
The stock has gained 198% as compared to its issue price of Rs 149 per share while it has gained nearly 77% as against its listing price of Rs 250 per share. CDSL is the only company listed in its sector.
 
Its IPO issue was oversubscribed by 170 times which marks it as the most subscribed IPO issue of 2017.
 
Stock View:
 
Central Depository Services (India) Ltd is currently trading at Rs 444.3, up by Rs 40.35 or 9.99% from its previous closing of Rs 403.95 on the BSE.
 
The scrip opened at Rs 417 and has touched a high and low of Rs 444.3 and Rs 408.4 respectively. So far 31571534(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 4221.28 crore.
 
The BSE group '' stock of face value Rs 10 has touched a 52 week high of Rs 409 on 12-Jul-2017 and a 52 week low of Rs 243.15 on 03-Jul-2017. Last one week high and low of the scrip stood at Rs 409 and Rs 262.4 respectively.
 
The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 0 % and 0 % respectively.
 
The stock is currently trading above its 200 DMA.

***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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