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CAMS pivot pay off: Non-MF revenue surges 24% – Nuvama sees 14% upside

Posted on May 6, 2026
By Financial Express
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1 min read

CAMS pivot pay off: Non-MF revenue surges 24% – Nuvama sees 14% upside

Nuvama maintains ‘Buy’ rating on CAMS with target price of Rs 910 due to stable mutual fund segment, diversification beyond mutual funds, and cost control. Profit growth remains steady despite challenges, and future estimates have been slightly adjusted. Key factors to watch include growth in mutual fund assets, expansion in non-MF businesses, and changes in […]