CDSL becomes the first depository to cross 4 crore active Demat accounts. In Feb, it crossed 3 Cr. Demat accounts and took just 5 months to add another crore. (1/6)
#dematwithselect #Finance #CDSL #investment
#dematwithselect #Finance #CDSL #investment
CDSL is an institution that holds securities (Shares, bonds, debentures etc.) in electronic form and enables their transactions. It earns majorly (~60%) directly or indirectly from Demat accounts. (2/6)
It has a disciplined approach in targeting its clients. It is focusing on tying-up with all the new-generation discount brokers like Zerodha, Upstox etc. (3/6)
In the past year itβs stock rallied as much as 250%. (4/6)
This is mainly due to the increased retail participation in the market post the Covid-19 outbreak. Between April 2020 and January 2021, 1.07 crore new Demat accounts were opened which is almost the double of new Demat accounts opened in FY20. (5/6)
Less than 5% of Indiaβs population invests in the stock market.
With the increased awareness about the stock market, do you think CDSL will be able to retain itβs growth? (6/6)
With the increased awareness about the stock market, do you think CDSL will be able to retain itβs growth? (6/6)
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