CDSL Extend Gains For Seventh Straight Trading Session

Day by day, the popularity of CDSL has been rising. The stock is gaining for the seventh consecutive trading session on Friday. If the historical prices of CDSL are taken into consideration, the percentage deliverable quantity to the traded quantity was below 20% for the past few trading sessions.

The total traded volume stood at 63,22,975 shares and traded value stood at Rs 302.87 crore as of 1002 hours on Friday.

The stock had touched its upper circuit for the first time on Thursday. The stock 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 listed company in its sector.

Its IPO issue was oversubscribed by 170 times, which makes it the most subscribed IPO issue of 2017.

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About Suhani Varma

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