Computer Age Management Services Ltd Share Price (CAMS)

Computer Age Management Services Ltd Stock Increases by 14% - 19 Apr, 2024

Computer Age Management Services (NSE:CAMS) stock has increased significantly by 14% over the past three months. The high ROE suggests that the company is using its retained earnings effectively, and analysts expect the company to continue its recent growth streak.

FII Stake Increases in Computer Age Management Services Ltd. - 18 Apr, 2024

Foreign Institutional Investors (FIIs) increased their stake in Computer Age Management Services Ltd. by 6.09% during Q4FY24. The company also reported strong financials with an increase in operating revenues and after-tax profits during Q3FY24, along with decent return ratios for FY23.

FII/FPI Increases Stake in Computer Age Management Services Ltd - 14 Apr, 2024

In Q4FY24, FII/FPI increased their stake in Computer Age Management Services Limited from 47.69% to 53.77%. The company's revenue grew by 15.45%, accompanied by profits of Rs. 71 Crores to Rs. 86 Crores.

CAMS Receives RBI Authorization for Online Payment Aggregator - 12 Apr, 2024

Computer Age Management Services (CAMS) has received authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator. CAMS's payment business unit, CAMSPay, achieved a record-setting registration of more than 1.2 million mandates for UPI Autopay in March. The company reported an 18.9% YoY growth in revenue at ₹289.68 crore during Q3FY24. CAMS hired graduates from IITs and IIMs under its FUEL program to build a talent pipeline of new age leaders.

RBI Authorizes CAMS for Online Payment Aggregation - 11 Apr, 2024

The Reserve Bank of India has authorized Computer Age Management Services (CAMS), India's largest mutual fund transfer agency, to operate as an online payment aggregator. The stock gained 1.86% and settled at Rs 3052.5 per share on the BSE.

CAMS Receives Authorization for Online Payment Aggregator - 10 Apr, 2024

Computer Age Management Services (CAMS) has received authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator. CAMSPay, its payment business unit, serves clients including mutual funds, insurance companies, banks and NBFCs.

JP Morgan Funds Holds 1.38% Stake in Computer Age Management Services Ltd - 07 Apr, 2024

JP Morgan Funds holds around 6.76 lakh equity shares of the company equivalent to a 1.38 percent stake. The company's Q3FY24 operating revenues increased from Rs 255 crores to Rs 269 crores, and after-tax profits rose from Rs 81 crores to Rs 86 crores.

CAMS Subsidiary to Issue Insurance Policies Electronically - 02 Apr, 2024

Computer Age Management Services' wholly-owned subsidiary, CAMSREP, will issue insurance policies electronically in accordance with new IRDAI guidelines. The company manages over 60 lakh e-insurance accounts and 72 lakh electronic policies.

Computer Age Management Services Ltd Shows Revenue Growth - 25 Mar, 2024

Computer Age Management Services Ltd reports 11% revenue growth to ₹11b, with EPS growing by 19% per year over three years. Insiders own shares worth ₹5.5b, indicating a commitment to long-term growth.

CAMS Expected to Register Strong Growth and Expand Product Offerings - 21 Mar, 2024

Motilal Oswal estimates a 23% PAT CAGR for CAMS over FY24-26E, with an improved ROE of 45.7% by FY26. CAMS has obtained an in-principle license from the RBI to operate as a payment aggregator, expanding its position in digital payments. CAMSPay is expanding product offerings, resulting in accelerated transaction volume growth.