Increasing retail participation drives CDSL, but valuations are over-shooting

[ad_1]

In recent times, the increase in retail sector participation is driving the stock of Central Depository Services Ltd. (CDSL). While that is leading to an increase in the number of dematerialised (demat) accounts, investor are also eyeing the growth in transaction revenues. But further stock price rise may be low on juice. Shares of CDSL have already jumped 211% in 2020, stretching…