CDSL Share Price witnessing a strong uptrend today, surging by 5.07% to trade at ₹1,248. The stock had closed at ₹1,187.7 in the previous trading session and opened at ₹1,206 today. During intraday trading, it touched a high of ₹1,259 and a low of ₹1,206. The strong price action reflects heightened investor interest, backed by positive market sentiment and technical strength. Analysts believe that the stock’s momentum could continue if the broader market remains stable and buying interest sustains at higher levels.
Why is CDSL Share Price Rising? Key Factors Explained
The biggest reason for the recent surge in CDSL shares is the sharp 15% rally in BSE shares. This happened after the National Stock Exchange (NSE) postponed its plan to change the expiry dates for derivative contracts. Investors see this as a positive move, boosting overall market sentiment and benefiting CDSL.
Another factor is the stock’s technical breakout. CDSL crossed its 50-day moving average with high trading volumes, indicating strong buying interest. The stock is currently trading at 2.7 times its 30-day average volume, which further signals bullish momentum.
CDSL Q3 FY25 Financial Results – Profit and Revenue Decline
CDSL reported weak financial results for Q3 FY25. The company’s consolidated profit fell 19.7% quarter-on-quarter (QoQ) to ₹130.1 crore, down from ₹162 crore in Q2FY25. Revenue from operations also declined 13.7% QoQ to ₹278.1 crore from ₹322.3 crore in the previous quarter.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) dropped 19.6% sequentially to ₹160.6 crore, compared to ₹199.8 crore in Q2FY25. Consequently, CDSL’s EBITDA margin shrank by 420 basis points (bps) to 57.8% from 62% QoQ.
CDSL Stock Market Performance and Key Metrics
As of March 28, 2025, CDSL has a market capitalization of ₹26,183 crore. The stock’s price-to-earnings (P/E) ratio stands at 46.9, while the book value per share is ₹73.2. Investors can also note a dividend yield of 0.77%. The return on capital employed (ROCE) is 40.2%, and the return on equity (ROE) stands at 31.3%. Additionally, the face value of the stock is ₹10.0.
CDSL, founded in 1999, is India’s largest depository by the number of demat accounts opened. While the stock has gained 18% from its March low of ₹1,047, it remains 30% down on a year-to-date (YTD) basis. Investors will be closely watching future market movements and company performance to assess further growth potential.