CDSL Outperforms on Fundamentals; Valuation Justified by Growth Trajectory
Investment Research Report: Central Depository Services (India) Ltd (CDSL) Date: May 25, 2025Analyst Rating: BuyTarget Price (12 Months): ₹1,650 – ₹1,800Current Price: ₹1,462.30 (as of May 23, 2025)Investment Horizon: Medium to Long Term (6–12 months) 1. Company Overview Central Depository Services (India) Ltd (CDSL) is one of India’s two central securities depositories, alongside NSDL. Established…
