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Buy Computer Age Management Services; target of Rs 2760: ICICI Direct

ICICI Direct is bullish on Computer Age Management Services has recommended buy rating on the stock with a target price of Rs 2760 in its research report dated May 08, 2022.

May 12, 2022 / 04:06 PM IST
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ICICI Direct's research report on Computer Age Management Services

CAMS is a mutual fund transfer agency. It provides technologydriven financial infrastructure & services to MFs and other financial institutions. Largest registrar and transfer agent (RTA) of MFs with ~69% market share • It has consistently operated with high (~30%) margins and return ratios.


We maintain our BUY rating on the stock. We value CAMS at ~41x FY24E EPS and revise our target price from Rs 3500 to Rs 2760 per share.

For all recommendations report, click here


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first published: May 12, 2022 04:06 pm
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