Shares of (NSDL) rose 5.91 per cent on Wednesday to close at Rs 1,122.95, ahead of its July–September quarter (Q2 FY26) results scheduled for November 13.

In Q1 FY26, NSDL reported a 15.16 per cent year-on-year (YoY) rise in consolidated net profit to Rs 89.62 crore, compared to Rs 77.82 crore a year earlier. However, revenue from operations declined 7.49 per cent to Rs 312.02 crore, while total expenses eased to Rs 228.03 crore. Advertisement

Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, advised investors with a long-term horizon to accumulate the stock on declines, citing NSDL's strong position in India’s market infrastructure and depository business.

On the technical front, analysts observed a steady recovery from the Rs 1,040–1,050 range, with resistance s

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