Buy, sell, or hold? What brokerages take on NSDL shares
NSDL shares experienced a significant 2 percent drop on September 10th, falling to Rs 1313.90 after reaching highs of Rs 1425 earlier this month. While Q1 FY26 saw a revenue decline, net profit increased. Experts predict future growth potential, with some projecting prices as high as Rs 1700 in the coming six months. A stop-loss strategy is advised.
New Delhi: The NSDL shares tanked more than 2 percent to Rs 1313.90 per equity share in a single trading session on Wednesday, September 10. The NSDL stock that debuted in the market back on August 6, listed at Rs 880 apiece, had gained significant momentum and reached as high as Rs 1425 apiece on August 11, 2025. The stock is currently trading about 65 percent above its IPO price of Rs 800. The NSDL shares are expected to gain momentum in the coming days, as per market experts.
NSDL's IPO received a strong response from investors on the basis of strong fundamentals and its strong position in the depository services sector. This public offer was subscribed a total of 41 times. The issue was open for bidding between July 30 and August 1.
Stock to Buy: NSDL Share Price Target
Anshul Jain, HoR, Lakshmishree Securities, gave his views on the future movement of NSDL shares. He said that the stock is expected to rise strongly in the near future. NSDL shares could reach as high as Rs 1700 apiece in the upcoming six months, as per the HoR. Additionally, he advised putting a stop loss on the stock at Rs 1200 per equity share.
NSDL Financials
National Securities Depository Limited (NSDL) announced on August 12 that its consolidated net profit rose 15.16 percent year-on-year (YoY) in the first quarter of FY26. The company posted a profit of Rs 89.63 crore for the April–June 2025 quarter, up from Rs 77.82 crore in the corresponding quarter of the year-ago period.
On the other hand, the consolidated operating revenue fell 7.5 percent YoY to Rs 312 crore in Q1 FY26 as compared to Rs 337.29 crore the company minted a year earlier. The revenue dip was primarily due to lower income from banking services, even as the depository segment continued to register strong growth.
Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.