Chandan Taparia of Motilal Oswal has buy call on Central Depository Services (India) with a target price of Rs 1075.
The current market price of Central Depository Services (India) Ltd. is Rs 1034.75 Time period given by analyst is Intra Day when Central Depository Services (India) Ltd. price can reach defined target.
Central Depository Services (India) Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 10813.14 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 110.25 Crore, up 6.83 % from last quarter Total Income of Rs 103.20 Crore and up 51.08 % from last year same quarter Total Income of Rs 72.98 Crore. Company reported net profit after tax of Rs 51.64 Crore in latest quarter.
Investment Rationale
Stock gave a consolidation breakout and surpassed its previous hurdle levels
The current market price of Central Depository Services (India) Ltd. is Rs 1034.75 Time period given by analyst is Intra Day when Central Depository Services (India) Ltd. price can reach defined target.
Central Depository Services (India) Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 10813.14 Crore) operating in Financial Services sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 110.25 Crore, up 6.83 % from last quarter Total Income of Rs 103.20 Crore and up 51.08 % from last year same quarter Total Income of Rs 72.98 Crore. Company reported net profit after tax of Rs 51.64 Crore in latest quarter.
Investment Rationale
Stock gave a consolidation breakout and surpassed its previous hurdle levels
(Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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