CDSL shares trade at 50% premium in grey market

Shares of Central Depository Services (CDSL) are trading at a premium of more than 50 per cent in the grey market. This is much higher than what parent BSE commanded ahead of its initial public offering (IPO) earlier this year. Experts say stable earnings growth, attractive valuations and high return on equity make it a compelling case for investors to buy the country’s first depository IPO, which will remain open from monday to Wednesday.