CDSL Stock Takes Flight: Will Bonus Shares Send it Even Higher?
CDSL Stock Soars to Record High: A Look at the Potential Bonus Shares Issuance Shares of Central Depository Services Limited (CDSL) , one of India's leading depositories, have hit a fresh record high of ₹2,260 apiece, marking a significant 13% surge in today's intraday trade. This impressive performance comes on the heels of the company's announcement about its consideration of issuing bonus shares. The news has stirred the market, leading to increased trading volumes and a bullish sentiment among investors. The surge in stock price reflects the market's positive reaction to the potential bonus issuance, highlighting the confidence investors have in the company's growth prospect {jistoc} $title={Table of Contents} A Meeting of Minds The Board of Directors is set to convene on Tuesday, July 02, 2024, to discuss and potentially approve this proposal. The meeting will focus on the issuance of bonus shares, subject to the approval of the company's s...