Category: Business - Page 2

CDSL Shares See Steep Decline After Disappointing Q3 Financial Results

The financial world was abuzz as Central Depository Services (India) Ltd. experienced a nearly 10% drop in share prices following their Q3 results. Despite an increase in net profit, lower income and decreased engagement with only 92 lakh new demat accounts cast a shadow over their performance. Analysts have varied ratings, and investors are concerned about sustainability amidst technological investments affecting margins.

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