Moneycontrol PRO

CAMS is priced at premium to mutual fund stocks. Why should investors consider it?

Given the robust return ratios and CAMS’ vantage positioning, the premium valuation will sustain

May 27, 2021 / 09:09 PM IST
CAMS is priced at premium to mutual fund stocks. Why should investors consider it?

Computer Age Management Services Ltd | The share price has surged 126 percent to 2783.00 on July 1, 2021, from its issue price of Rs 1230. It was listed on exchanges on October 1, 2020, with an issue size of Rs 2244 crore.

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

There has been a deluge of public issues in the past one year. Among the new listings in FY21, the performance of Computer Age Management Services (CAMS) (CMP: Rs 2,422; Mcap: Rs 11,823 core) stands out. The stock has almost doubled from its issue (IPO) price of Rs 1,230 in less than 9 months, outperforming the broad equity market by a huge margin. In comparison to the spectacular stock performance, the earnings of the largest registrar and transfer agent (RTA)...

  • PRO Panorama

    Moneycontrol Pro Panorama | Is a geopolitical thaw in the making? Markets are not holding their breath

    Dec 2, 2022 / 03:24 PM IST

    In today’s edition of Moneycontrol Pro Panorama: China unrest is bad news for Xi Jinping, Jet Airways' future looks cloudy, fuel prices and politics do not mix, all that glitters is gold, and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | When central bankers laugh

    Dec 3, 2022 / 12:13 PM IST

    Cracking jokes during a monetary policy review meeting? Don’t laugh it off. Central bankers in advanced economies are actually walking the laugh

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers