CDSL Extends Stellar Performance, Surges Over 9%

CDSL was the most active stock by value on NSE as of 1100 hours on Friday. The stock has gained 9.5% to touch a record high of Rs 321.8 per share.

Traded volume in the stock stood at 1,41,44,746 shares and traded value stood Rs 437.08 crore.

After a blockbuster debut on NSE at a whopping premium of 68%, Central Depository Services Limited (CDSL) had witnessed profit booking in past few trading sessions. However, the stock has rebounded during Friday’s trade.

What can be called as the most popular initial public offering (IPO) of 2017, the BSE promoted CDSL IPO was oversubscribed by 170.16 times. This made it the most subscribed IPO issue of 2017 in the Indian capital markets.

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About Suhani Varma

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