Cams

CAMS profit after tax down 4.6% to Rs 74 cr for quarter ending Dec

Registrar and transfer agent of mutual funds Computer Age Management Services Ltd (CAMS) on Tuesday reported 4.6 per cent drop in profit after tax to Rs 73.72 crore for the three months ended December 2022. In comparison, the company had posted a profit after tax (PAT) of Rs 77.31 crore in the year-ago period, CAMS said in a regulatory filing. The company's revenue grew 2.5 per cent to Rs 243.57 crore in the quarter under review from Rs 237.71 crore in the year-ago period. Sequentially, the PAT climbed 2.2 per cent and revenue was up 0.5 per cent. "Our AIF (alternative investment fund) and PMS (portfolio management service) offering...continued to be on an encouraging trajectory with over 17 new client wins. The Account aggregator business is gaining momentum with expanded outreach and superior product positioning," company's Managing Director Anuj Kumar said. In addition, the company has recommended an interim dividend of Rs 10.5 per share. The company is the country's largest .

Mehul Kothari recommends Arvind Fashions, CAMS as top 'Diwali' picks

According to the technical analyst from Anand Rathi, Arvind Fashions can rally to Rs 440, while CAMS can surge to Rs 3,650 within a year's time.

Mehul Kothari recommends Buy on CAMS, Pfizer; Check Why

According to the technical analyst from Anand Rathi, CAMS can rally to Rs 2,700, while Pfizer can be bought for a target of Rs 4,700.

Modest traction for MF Central in first year, phased rollout cited

The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins

No online transactions in MF folios with wrong phone numbers from Oct: CAMS

According to the registrar and transfer agent (RTA), the phone number and email ids can be the same only for those folios which are linked to the same PAN card.

CAMS promoter entity pares 3.79% stake for Rs 428 crore in IT company

Computer Age Management Services Ltd (CAMS) promoter entity on Friday divested a 3.79 per cent stake in the IT services company, garnering Rs 428 crore through an open market transaction. Great Terrain Investment Ltd offloaded a total of 18.55 lakh shares, amounting to a 3.79 per cent stake in the company, as per bulk deal data available with BSE. The shares were sold at an average price of Rs 2,306.18 apiece, taking the transaction value to Rs 427.99 crore. However, the buyer(s) of the shares could not be ascertained. As of the June quarter, Great Terrain Investment Ltd held a 23.74 per cent stake in CAMS, a shareholding pattern showed. CAMS shares fell by 5.48 per cent to close at Rs 2,250.10 on BSE.

CAMS profit up 2.4% to Rs 64.78 crore in June quarter; revenue rises 18%

The company had posted a PAT of Rs 63.24 crore in the same quarter of the last fiscal, Computer Age Management Services Ltd (CAMS) said in a statement.

CAMS Q4 PAT rises 23% to Rs 74 crore in March quarter

CAMS, which acts as a registrar and transfer agent to mutual funds, on Thursday reported a 23% surge in its consolidated profit after tax at Rs 73.84 crore in quarter ended March.

CAMS acquires majority stake in fintech Fintuple focused on AIF, PMS

CAMS, which acts as a registrar and transfer agent for mutual funds, on Monday said it has acquired majority stake in Fintuple Technologies, a fintech platform for AIFs and portfolio managers

CAMS profit after tax rises 37% to Rs 77.31 cr in December quarter

It had posted a profit after tax (PAT) of Rs 56.42 crore in the same quarter preceding fiscal, according to a statement

CAMS dips 7% as 3% equity changes hands on BSE; stock hits 6-month low

CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institution

CAMS reports consolidated net profit at Rs 72.55 crore in Sept quarter

The company has reported a consolidated profit for the quarter ending September 30, 2021

RTAs launch interoperable investment management platform

Besides single portfolio view, the platform will provide complete fungibility of physical and digital services

CAMS Insurance Repository CEO resigns

Abhishek will continue to be in service till 13 November 2021.

What makes CAMs a better bet than AMCs for financialisation theme

Viewed as a proxy to asset management business, steady financial record is the USP

Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak

Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each

CAMS surges 16% in two trading sessions, hits highest level since listing

The company was deemed eligible as central record keeping agency under the National Pension Scheme

Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' biz

Currently, NSE holds between 25 per cent and 100 per cent stakes in these entities through its arm NSE Investments

Chemcon, CAMS gain on trading debut, continuing listing day trend

Listings of Route Mobile, Happiest Minds and Rossari Biotech generated stellar returns for investors previously

MARKET WRAP: Sensex jumps 629 pts on broad-based buying; Nifty Bank up 3.7%

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