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Central Depository Services (India) Limited (NSE: CDSL) clears resistance, moves up 5% intraday

Central Depository Services (India) Limited (NSE: CDSL) stock price moves up 5% intraday, clearing its 6-month resistance trendline at ₹1302.

Reena Bhati - Tradealone

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Central Depository Services (India) Limited NSE: CDSL clears resistance

CDSL breaks out with a +5% gain today, clearing its 6-month resistance trendline at ₹1302. This move comes as the company announced SEBI approval for investment in India International Bullion Holding IFSC Limited, signaling strategic expansion. As a key player in India’s depository services, CDSL’s move reflects both company-specific news and broader sector optimism around increased IPO activity.

Technical setup — trendlines & DMA

From a technical standpoint, CDSL has established a solid support floor at ₹1198.48, currently sitting 15.78% above this level. The recent breakout above the ₹1302 resistance is a bullish signal, indicating potential for further upside. The 50-DMA at ₹1260.9 is below the 200-DMA at ₹1377.2, suggesting a bearish trend, but the current price is above both, indicating a possible shift in momentum. The stock is currently in the middle third of its 52-week range, suggesting there is room for further gains without being overextended.

6M Trendline — Intraday Snapshot
BREAKOUT₹1,200₹1,250₹1,300₹1,350₹1,40013 Apr13 May11 Jun10 Jul

Snapshot: ₹1,423.00 on 2026-07-10 (chart frozen at publication)

Fundamentals & business context

Fundamentally, CDSL’s PE of 61.9 might appear high at first glance, but the 36.8% profit margin and 27.3% revenue CAGR over 5 years suggest that the market is pricing in strong growth expectations. The 15.4% institutional ownership indicates a level of confidence from sophisticated investors, though the PEG ratio of 3.40 and negligible dividend yield of 0.97% suggest some valuation concerns and limited income potential. There was no specific NSE catalyst today, but the overall fundamental picture remains robust.

CDSL
Holdings Analysis
Key strengths & risk signals
63
Overall
71
Fundamental
56
Technical
Risks (4)
TOO MUCH PUBLIC HOLDING! 47.87% public ownership - higher volatility risk.
POOR YEAR! Stock declined 21.6% in the last year.
WEAK POSITION! Current price (1260.0) is below both moving averages.
LOWER HALF! Trading at 25.8% of 52W range - weakness visible.
Strengths (4)
EXCELLENT EFFICIENCY! 36.8% profit margin - company keeps strong profits.
BULLISH TREND! 50-day average (1341.9) is above 200-day average (1307.2) - positive signal.
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 38.5 - watch for reversal.

Algorithmic scorecard

The overall scorecard reflects a technically strong but fundamentally mixed profile for CDSL. The breakout above resistance and bullish sentiment over the last 30 days are strong technical signals, indicating accumulation and positive momentum. However, the overvalued PEG ratio and negligible dividend yield are fundamental weaknesses that investors should be aware of. The company’s excellent revenue growth consistency and very low debt are strong positives, while the high public holding and mixed momentum present some risks.

Fundamental & Technical AnalysisNSE: CDSL
63Overall
71Fundamental
56Technical
Growth Quality28 / 30
Revenue CAGR: 27.3% (EXCELLENT, 15/15). Profit CAGR: 18.2% (VERY GOOD, 13/15).
Profit Margin10 / 10
EXCELLENT EFFICIENCY! 36.8% profit margin - company keeps strong profits.
PEG Valuation3 / 10
OVERVALUED! PEG of 3.07 means expensive relative to growth rate.
Dividend Yield5 / 10
LOW DIVIDEND! 1.01% yield - minimal income contribution.
Debt / Equity10 / 10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding5 / 20
TOO MUCH PUBLIC HOLDING! 47.87% public ownership - higher volatility risk.
Stability10 / 10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Moving Averages10 / 10
BULLISH TREND! 50-day average (1341.9) is above 200-day average (1307.2) - positive signal.
Price Position2 / 10
WEAK POSITION! Current price (1260.0) is below both moving averages.
Trend Pattern10 / 20
TESTING SUPPORT! Stock is at key support level.
52W Performance1 / 10
POOR YEAR! Stock declined 21.6% in the last year.
Volume Sentiment20 / 30
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 1,169,474 vs down days: 1,076,503. Ratio: 1.09x
RSI4 / 5
APPROACHING OVERSOLD! RSI at 38.5 - watch for reversal.
52W Range2 / 5
LOWER HALF! Trading at 25.8% of 52W range - weakness visible.
Momentum2 / 5
WEAK MOMENTUM! Limited price growth - 1.4% (1 week), -7.9% (1 month), -12.0% (3 months).
Beta / Volatility5 / 5
LOW VOLATILITY! Beta of 0.40 - stable stock, less market risk.

Company outlook

In their latest update, CDSL management highlighted preparations for large IPOs in the upcoming financial year, indicating a positive outlook for increased transaction volumes. The company is also gearing up for the implementation of the Securities Market Code 2025, showing a proactive approach to regulatory changes. While specific revenue or earnings guidance was not provided, the focus on platform readiness and regulatory compliance suggests a strategic emphasis on growth and adaptability.

Get all details on CDSL — P&L, peers, shareholding and more on TradeAlone.

Capital Markets

Indian Energy Exchange Limited (IEX) Achieves 77.2 BU Electricity Traded Volume in H1 FY’27

Indian Energy Exchange Limited (IEX) reports 77.2 BU electricity traded volume, a 14.2% YOY growth in H1 FY’27.

jyoti sharma

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Indian Energy Exchange Limited (IEX) H1 FY’27 Electricity Traded Volume

Indian Energy Exchange Limited (IEX) has reported a significant achievement in the first half of fiscal year 2027, with a total electricity traded volume of 77.2 BU, marking a robust 14.2% year-on-year growth. This impressive performance highlights IEX’s continued leadership in India’s electricity market. The exchange achieved a volume of 32.5 BU in the Real-Time Market (RTM), reflecting a 16.5% increase compared to the same period last year.

Electricity Market Performance

In the second quarter of FY’27, IEX saw a traded volume of 39.7 BU, a 12.7% increase from the previous year. The Day-Ahead Market (DAM) registered a total volume of 14,855 MU, a marginal 2.2% year-on-year increase. The Real-Time Market (RTM) experienced a 10.5% growth, reaching 16,490 MU. Notably, the Day Ahead Contingency and Term-Ahead Market (TAM) saw a remarkable 101.5% year-on-year growth, trading 5,477 MU in Q2 FY’27.

September 2026 Highlights

In September 2026, IEX achieved a monthly electricity traded volume of 12.2 BU, an increase of 10.4% year-on-year. The RTM volume for the month was 5.3 BU, up by 10.6% compared to September 2025. The highest ever single-day volume of 315 MU was recorded in the RTM on September 26, 2026. This surge in trading activity is indicative of the strong power demand in the country.

As a result, the average market clearing price in the Day-Ahead Market increased by 46% to Rs 5.7/unit during Q2 FY’27, and in the Real-Time Market, it rose by 49% to Rs 5.2/unit. These price increases reflect the growing energy consumption and demand in India, which touched 502 BUs in Q2 FY’27, marking an 11.5% year-on-year growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indian Energy Exchange Limited

Indian Energy Exchange Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

IEX
Financial Services › Capital Markets
CONSOLIDATING DOWN
76
Fundamental
38
Technical
57
Overall

1W -2.1%
1M -10.97%
3M -13.28%
P/E: 18.2 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Indian falls 14.8% over three months and has not found a floor yet. D/E stands at 0.01 with a 3.77% dividend yield. Furthermore, the business records zero revenue dips and zero loss quarters in five years — a fortress balance sheet. Industry-leading margins of 66.2% reflect exceptional pricing power and operational efficiency. RSI stands at 24, well into oversold territory. Yet sellers still dominated on 20 of recent sessions versus 8 for buyers, so the pressure has not fully lifted. Revenue grows at 15.4% and profits at 17.2% CAGR. However, the stock falls 14.8% in three months and RSI hits 24. The fundamentals argue for patience. The price action argues for caution. Your time horizon decides which wins. Check Fundamentals of Indian Energy Exchange Limited.

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Capital Markets

Sg Finserve Limited (sgfin) Announces Loan Book Growth of 98% Yoy for H1-fy27

SG Finserve Limited (SGFIN) reports a strong loan book growth of approximately INR 5,694 crores for H1-FY27, marking a 98% year-on-year increase.

Pranab Tyagi at TradeAlone

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Sg Finserve Limited SGFIN Loan Book H1 FY27

SG Finserve Limited (SGFIN) has announced its impressive financial performance for the first half of FY27. The company closed H1-FY27 with a loan book of approximately INR 5,694 crores, marking a robust year-on-year growth of ~98%.

Strong Year-on-Year Growth

The significant growth in the loan book is a testament to SGFIN’s strong business momentum. Compared to the same period last year, the loan book has expanded by a remarkable 98%. This growth reflects the company’s ability to leverage its extensive network and technological capabilities to provide tailored financing solutions to corporate and MSME customers.

Quarter-on-Quarter Growth

Moreover, SGFIN has demonstrated impressive quarter-on-quarter growth, with a ~25% increase in the loan book from June 30, 2026, to September 30, 2026. This consistent growth highlights the company’s capacity to attract and retain a growing customer base.

As a result, SG Finserve Limited continues to reinforce its position as a reliable and strong financial institution, with an AA-/Stable/A1+ rating from CRISIL and AA(CE)/Stable/A1+ rating from ICRA. The company remains committed to delivering exceptional financial services through its digital first, supply chain-focused approach.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of SG Finserve Limited

SG Finserve Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

SGFIN
Financial Services › Capital Markets
APPROACHING RESISTANCE
70
Fundamental
78
Technical
74
Overall

1W +2.22%
1M -4.47%
3M +1.25%
P/E: 26.2 Cap: Small
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

SG falls 8.6% over three months and has not found a floor yet. The PEG of 0.25 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E of 1.37 is elevated. As a result, debt servicing will compress free cash flow in a high-rate environment. The stock holds at 70% of its 52-week range with RSI at 37. In other words, neither side has a clear edge right now. Revenue grows at 102.3% and profits at 90.7% CAGR, with D/E of 1.37. Meanwhile, the stock dips 8.6% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of SG Finserve Limited.

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Capital Markets

Indian Energy Exchange Limited Expands Energy Markets Footprint

Indian Energy Exchange Ltd (IEX) announced its subsidiary Indian Coal Exchange Ltd applies for licence with Coal Controller Organisation, expanding its energ.

Shruti singh - TradeAlone

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Indian Energy Exchange Limited IEX Expansion Coal Market September 2026

Indian Energy Exchange Limited (IEX) announced today that its wholly owned subsidiary, Indian Coal Exchange Limited, has applied for a licence with the Coal Controller Organisation (CCO). This move marks a significant expansion of IEX’s energy markets footprint.

Expansion into Coal Market

Indian Coal Exchange Limited, incorporated on June 1, 2026, with an authorised share capital of Rs 100 crore, will be a physical delivery-based coal trading exchange. It aims to provide an organised, transparent, and technology-enabled marketplace for coal trading in accordance with the Coal Exchange Rules, 2026.

Facilitating Efficient Trades

By bringing buyers and sellers together on a single, neutral platform, Indian Coal Exchange will facilitate trades at designated delivery points, enabling efficient price discovery and wider market access. This initiative is backed by IEX’s 18 years of experience in building transparent, technology-driven, and market-based trading platforms.

Complementing IEX’s electricity market business, the Indian Gas Exchange (IGX), and its role in facilitating I-REC issuance in India, Indian Coal Exchange will further broaden the group’s energy market offerings across the energy value chain.

As a result, IEX is poised to enhance its position as a leading player in the energy sector, providing a comprehensive and integrated trading platform for various energy commodities.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Indian Energy Exchange Limited

Indian Energy Exchange Limited belongs to the › sector. Here’s a quick read on where the business and the stock stand today.

IEX
Financial Services › Capital Markets
CONSOLIDATING DOWN
76
Fundamental
38
Technical
57
Overall

1W -2.1%
1M -10.97%
3M -13.28%
P/E: 18.2 Cap: Mid
AI-Powered Analysis • TradeAlone
Download the App for in-depth analysis of this stock

Indian falls 9.8% over three months and has not found a floor yet. D/E stands at 0.01 with a 3.60% dividend yield. Furthermore, the business records zero revenue dips and zero loss quarters in five years — a fortress balance sheet. Industry-leading margins of 66.2% reflect exceptional pricing power and operational efficiency. Sellers drive 1.7x the volume of buyers. Furthermore, they controlled 21 of recent sessions versus 7 for buyers — a clear distribution signal. Revenue grows at 15.4% and profits at 17.2% CAGR — a genuinely strong business. Nevertheless, the stock drops 9.8% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Indian Energy Exchange Limited.

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