CDSL Shares Surge 13% after Bonus Share Proposal announcement

CDSL: In the past year alone, the stock has surged by 107%. (photo -livemint)
CDSL: In the past year alone, the stock has surged by 107%. (photo -livemint)

 

Today Central Depository Services Limited (CDSL) got a stock price jump of 13% . reaching a new high of ₹2,260 per share during trading hours.

This increase followed an announcement by the company in a filing to the stock exchange. The company stated that its Board of Directors will meet on Tuesday, July 2, 2024. They will discuss the possibility of issuing bonus shares, pending approval from the shareholders.

CDSL shares surged 13% to a record high of 2,260 apiece after company announced consideration of issuing bonus shares.

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