A stock split is a corporate action in which a company divides its existing shares into multiple new shares to increase the number of shares outstanding while keeping the total value of the company the same. It does not change the company’s overall market capitalization, just the number of shares and the price per share.
The announcement was made after market hours and CAMS shares today ended at Rs 3,865 on the NSE, up by Rs 33.90 or 0.88%.
This will be the stock’s first sub-division since its exchange listing in May 2021.
CAMS is a technology-driven financial infrastructure and services provider catering to mutual funds and other financial institutions. With more than two decades into the industry, the company is one of the leading Registrar and Transfer Agency (RTAs) in the Indian mutual fund industry> The company claims to manage approximately 68% of the average assets under management as of April 2025. The company also offers technology-enabled solutions to alternative investment firms and insurance companies.
CAMS shares have struggled on the Street, declining over 12% in the past one year. The stock has slipped below its 200-day simple moving average (SMA) of Rs 3,929 while it still trades above its 50-day SMA of Rs 3,838.3.The stock has displayed high volatility and traded with a 1-year beta of 1.4 according to Trendlyne data.While the company is still to announce its September quarter earnings, CAMS reported a 1% growth in its consolidated net profit at Rs 109 crore in the June ended quarter versus Rs 108 crore in the year ago period. The total revenue in the reported quarter stood at Rs 367 crore, which was a growth of 7.1% YoY.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
as a Reliable and Trusted News Source
