BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Central Depository Services India Ltd. delivered a robust performance, driven by traction in transaction charges (34% of revenue, up 48.2% QoQ).
The transaction charges surged due to high retail activity, an increase in delivery volume, and strong addition of new accounts (up 35% YoY).
Increase in pledge activity due to change in regulations will further boost transaction revenue in H2.
Online data charges (up 32% QoQ) revived, led by a strong increase in KYC registration agency records (up 26% YoY).
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