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CDSL share price: Stock rebounds significantly; surges 60% from March lows

Stock Analysis

CDSL share price: Stock rebounds significantly; surges 60% from March lows
Trendlyne data indicates CDSL shares have appreciated by 60.86% over the past year. (AI image)

CDSL share price: CDSL stock has shown a remarkable recovery, rising 60.4% from its March low of Rs 1,047.5, to reach a high of Rs 1,680 on Monday. The stock demonstrated robust positive movement, with a notable 9.8% increase by 2:40 pm in the current trading session.Trading activity was substantial on Monday, with 152.99 lakh shares exchanged on the NSE by 2:30 pm, representing a traded value of Rs 2,496.21 crore. The company’s market capitalisation stood at Rs 34,903 crore, according to an ET report.The financial services company has successfully moved above all its significant daily moving averages, indicating sustained positive momentum.

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