HDFC Securities is bullish on Central Depository Services has recommended buy rating on the stock with a target price of Rs 425 in its research report dated March 20, 2018.
Reliance Securities is bullish on CDSL has recommended buy rating on the stock with a target price of Rs 435 in its research report dated October 31, 2017.
The recently listed companies undoubtedly bring their own unique moats to investors. However, somewhere while appreciating the strengths of the businesses, investors have taken their eyes off valuations.