Stock Pick Vittarth

QGLP Analysis of CDSL Ltd.

Central Depository Services Ltd, is the first listed Indian securities depository based in Mumbai. Central Depository Services Limited was initially promoted by the BSE Ltd. which thereafter divested its stake to leading banks.

CDSL facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges. In 2020, CDSL became first depository to cross 20 million active demat accounts. Currently it has 3.04 Crore Investor accounts and 588 depository participants connected with them.

Analysis Credits: Kunal Khandelwal, Rushabh Parekh

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