Computer Age Management Services Ltd up by 14.60%: Traders Corners | Espresso

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Espresso shot of the day – Computer Age Management Services Ltd up by 14.60 percent

July 14, 2021
Espresso shot of the day – Computer Age Management Services Ltd up by 14.60 percent

COMPUTER AGE MANAGEMENT SERVICES LTD 3452.00 (+14.60 %) BSE – INE596I01012 | 14TH JULY 2021


CAMS is a technology driven financial infrastructure and services provider to Mutual Funds and other financial institutions for over two decades.  As the market leading Registrar and Transfer Agency to the Indian Mutual Fund industry, CAMS serves ~ 70%* of the average assets under management - as of December 2020. We also provide 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 touch points such as pan-India network of service centres, white label call centre, online, mobile app and chatbot.

Recent Drivers

  • On 14th July Franklin Templeton Mutual Fund has informed investors that it will be migrating to Computer Age Management Services (CAMS) as its registrar and transfer agent, as 'in-house' RTA.CAMS has a roughly 70% market share in the RTA business.
  • On 27th May company Net Sales stands at Rs 199.77 crore in March 2021.
  • On 26th May CAMS, a Mutual Fund transfer agency, announced the appointment of Ramcharan as the new CFO with effect from August 1, 2021.
  • The company has announced EX Date i.e. 28th July 2021 for dividend of Rs 11.84
  • CAMS is India’s largest, institutionally-owned service partner with 69.7 per cent market share (as of September 2019) as per CRISIL report of the Indian mutual fund industry and serves several Indian financial institutions as well as marquee MNC brands. Such dominant market shares in a fast-growing segment augur well for the company.   
 (Sources: BSE India, Live Mint ,Economic Times, Dalal street Investment Journal)

Technical Force*

  • S&P BSE ALLCAP month till date gain up by 1.43%
  • Traded on all time high value of 3600.00
  • 3 months avg. volume of NSE: 2,31,735
  • Quantity traded: 1,71,899 | Deliverable quantity: 40,087 (23.32%)
  • Stock price has jumped more than 180% from one-year low level: 1260.00 (Nov 04, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 3600.00 | 52-week-low: 1260.00

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

2672.97

2281.28

2043.37

1651.68

1413.77

1022.08

784.17

-

Fibonacci Pivot

2281.28

2040.78

1892.19

1796.49

1651.68

1506.88

1411.18

1262.59

1022.08


Today’s Close

3452.00

SMA

BSE

10 DAY

2957.43

20 DAY

2870.95

50 DAY

2643.43

200 DAY

-

Some Key Ratios (Source: BSE)

Market Cap: 16,854.57 crores

PE: -

OPM%: 43.70

ROE%: 38.90

Promoters holding%: 30.96

Prev. Close: 3012.20

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.