Reasons To Consider CAMS In Your Watchlist
- ByStartupStory | June 15, 2021
Computer Age Management Services has been working as a financial infrastructure and service provider to Mutual Funds and other financial institutions for over two decades. It provides technology-enabled service solutions to Alternative Investment Funds and Insurance Companies. Besides serving as a B2B service partner, CAMS also serves customers through a variety of touchpoints such as a pan-India network of service centers, online, mobile app, white label call center, and chatbot. Three reasons to consider CAMS in your watchlist-
- Strong Momentum- For more than three months, CAMS is up more than 53% reflecting a significant momentum. Moreover, the stock is trading at an all-time high.
- Dominant Market Share- As per the CRISIL report of the Indian mutual fund industry, It’s India’s largest, institutionally-owned service partner with a 69.7 percent market share. It offers its services to Indian financial institutions as well as marque MNC brands. In the fastest-growing segment, such dominant shares augur well for the company.
- Good Fundamentals- CAMS has an extremely low debt with a high dividend payout and High ROE.
The most important reason to consider CAMS in your watchlist is its dominant market share in one of the fastest-growing business domains in India, and an increased equity culture in India. However, Sensex is up by 250 points whereas the stock is up by 0.54% on an intraday basis.
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