CDSL is market leader (73%) in BO accounts with RoE of 24%

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Jul 16, 2023.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    CDSL is market leader (73%) in BO accounts with RoE of 24%, RoIC of 78%, net cash of INR 10.6bn (~9% of market cap). Annuity revenue is high & growing at 19% CAGR. Compulsory demat of insurance policies will open up new opportunities. Target Price: Rs 1470

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