CDSL shares trade 76% higher on stock market debut - News Summed Up

CDSL shares trade 76% higher on stock market debut


CDSL shares opened 68% higher on the National Stock Exchange (NSE) at Rs250 apiece, compared to the issue price of Rs149, which was the upper end of the price band of Rs145-149 per share. More From Livemint »At 3.13pm, they were up 76% at Rs261.80, while the benchmark 50-share Nifty index traded 0.13% lower at 30,897 points. Earlier in the day, the shares touched a high of Rs270 and a low of Rs250. BSE, which owns a 50.05% stake in the company, will see its stake fall to 24% after the offering. CDSL serves customers such as depository participants, companies, capital market intermediaries and insurance companies.


Source: Mint June 30, 2017 04:41 UTC



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