Jefferies retained a Hold on CDSL with a Rs 1,315 target, implying 7% downside from Rs 1,414.90.

India

Who

Jefferies

What

When

Thu, 10 Sep 2026 05:45:00 GMT · 11h 31m ago

Where

India ·

Why

The IPO revival could add 3-4% to earnings, and CDSL's EPS is expected to grow 19% CAGR over two years, driven by new demat accounts, IPO income, and margin expansion.

The Frontline Impact

How this affects you

Jefferies' target price suggests a potential downside for CDSL shares, despite expected earnings growth driven by IPO activity and new demat accounts.

Story chain

1 event in this thread

No related history yet - this is the origin event.

Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/ipos/fpos/cdsls-ipo-jackpot-comes-with-a-valuation-catch-jefferies-sets-rs-1315-target/articleshow/133995280.cms
HIGH

Credibility ratings reflect the AI ingestion pipeline's assessment of source provenance.