Central Depository Services Limited (CDSL) reported its latest shareholding on Tuesday evening.
What Happened: Mutual funds cut down their stake in the market infra firm during the July-September quarter to 13.36%, down from the 15.85% reported at the end of June.
Parag Parikh Flexi Cap Fund cut down its holding to 3% from 4.67% in the previous quarter. Axis Small Cap Fund entered the stock in the quarter and now holds a 1.03% stake in the company.
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Foreign institutional investors (FIIs) also pared their stake in the company during the quarter. FIIs now hold a 13.77% stake in the company, compared to the 14% stake they held at the end of the June quarter.
Earlier in the month, CDSL’s market share in demat accounts increased to 78% from 74% in September 2023 while NSDL’s market share fell to 22% in September from 26% in the previous year. CDSL has around 13.7 crore demat accounts registered with it.
The company is scheduled to report its earnings next week on October 26.
Price Action: CDSL’s share price was up 0.33% to trade at ₹1,550.05 in early trade on Friday.
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