Why CDSL is the best stock to play the booming capital market
CDSL is a digital services/infrastructure provider for capital markets, a low risk business model with high potential returns
March 15, 2021 / 02:25 PM IST
PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook
The past one year has been all gloom and doom for most businesses due to the pandemic. However, capital markets have been an exception.
Equity markets have scaled new highs and India’s stock market has become the seventh largest market globally by size, with a market capitalisation (mcap) of over $2.5 trillion. It is not just the secondary market that is racing ahead, the primary market too is bustling with a raft of new issues.
The dazzling rise in equities has...