CAMS share price jumps 6% after record Q3 revenue and ₹3.50 interim dividend
Shares of Computer Age Management Services jumped up to 6% on Thursday following the mutual fund registrar’s announcement of record quarterly revenue and an interim dividend. The significance lies in CAMS’s role as a backbone of India’s mutual fund industry. It generates revenue based on transaction volumes and assets under management — the funds investors have placed in various vehicles. Investors are now focused on how much expansion CAMS can achieve in newer areas beyond traditional mutual funds.
