Company in preparation to distribute bonus, loot of shares, increase in price by 20%

CDSL Share Price: Shares of Central Depository Services (India) Limited saw a 20 percent jump in the stock market on Friday. Shares of the company saw a jump of 20 percent. After this surge, the share price of the company has reached the level of Rs 2407.40 in NSE. This is also the company’s all-time high.

Bonus shares will be issued for the first time

The reason behind the increase in the company’s shares is the announcement of bonus shares. The company has said that a decision on the bonus shares will be taken on July 2. If announced by the company, bonus shares will be issued for the first time.

These are the most profitable companies in the country, which are also at the top in terms of compensation.

Money doubled in 1 year

The shares of CDSL have seen an increase of more than 100 percent in the last one year. During this period, local investors’ money increased by 115.48 percent. The stock price of the company has increased by 30.20 percent in the last 6 months. The company’s 52-week high is Rs. 2407.40 and a 52 week low of Rs. is 1076.50. The market cap of the company is Rs. 25,157.33 crores.

The company is continuously paying dividends

The company is continuously paying dividends. The company last traded ex-dividend on the stock market on August 25, 2023. The company then gave investors a dividend of Rs 16 per share. At the same time, in 2022 also the company gave a dividend of Rs 15 per share.

The total public stake in the company is more than 50%

The total share of the promoters in the company is 15 percent. The public holds more than 50 percent. The share of foreign investors in this company is 11.38 percent. The total share of mutual funds in this company is 13.38 percent.

(This is not investment advice. Stock market is subject to risks. Consult experts before making any investment.)

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