Computer Age Management Services Ltd (CAMS)

CAMS Shows Strong Growth in Mutual Fund AUM and Non-MF Business - 11 Jul, 2024

Computer Age Management Services (CAMS) has reported solid growth in mutual fund assets under management, with a 68% market share. Equity funds have seen robust inflows in June 2024, while the proportion of high earnings equity assets stood at 49%. CAMS also showed good traction in non-mutual fund business. Although valuation is rich, it is justified.

CAMS Announces 165% Dividend for FY23-24 - 08 Jul, 2024

Computer Age Management Services (CAMS) Limited has announced a 165% dividend of Rs 16.50 per equity share for the fiscal year 2023-24, with an ex-date and record date of July 8. CAMS shares have seen strong growth, increasing by 42.09% YTD, with a current dividend yield of 1.75%.

Vanguard Fund Group Buys 1.27% Stake in Computer Age Management Services Ltd - 05 Jul, 2024

Computer Age Management Services Ltd, with a market capitalization of Rs 18,348.67 crore, saw an increase of around 0.15 percent in its shares trading at Rs 3,729.95 per share. Vanguard Fund group bought 1,256,369 equity shares which is equivalent to 1.27 percent of the company as of March 2024. The company's revenue stood at Rs 310 crore in Q3FY24, during the same time frame, net profit stood at Rs 103 crore.

CAMS Collaborates with Google Cloud to Modernize Asset Management Platform - 02 Jul, 2024

Computer Age Management Services Limited has partnered with Google Cloud to develop a cloud-native platform for asset management business services. The company reported Q4FY24 revenue of Rs. 287.07 Crores and profits of Rs. 96.96 Crores, up by 21% from the previous quarter. Investors can monitor their mutual fund investments using the Consolidated Account Statement (CAS) provided by CAMS or NSDL.

CAMS Shares Surge on Positive Growth Prospects - 25 Jun, 2024

Computer Age Management Services (CAMS) shares surged by 5% to reach a 52-week high of Rs 3,838 following Motilal Oswal's reiterated Buy rating with a target price of Rs 4,200. The company is expected to see robust growth in both its mutual fund and non-MF businesses, with revenue, EBITDA, and PAT projected to grow at a compounded annual growth rate of 15%, 19%, and 20%, respectively, from FY24 to FY26.

Computer Age Management Services Ltd Reports Strong Financial Performance - 21 Jun, 2024

Computer Age Management Services Limited has reported a net profit margin of 24% and delivered a return of 66% in the past year. Total revenue grew by 18%, accompanied by profits of Rs. 350.97 Crores to Rs. 284.63 Crores. Life Insurance Corporation of India holds a 4.66% stake in the company.

CAMSRep Launches Bima Central Platform - 13 Jun, 2024

Computer Age Management Services' subsidiary, CAMSRep, has launched Bima Central, a one-stop platform for simplifying insurance portfolio management. The company's shares traded at ₹3,620 on the NSE, down by 0.18%.