CAMS dips 7% as 3% equity changes hands on BSE; stock hits 6-month low

CAMS is a technology-driven financial infrastructure and services provider to mutual funds and other financial institution

Shares of Computer Age Management Services (CAMS) plunged 7 per cent to Rs 2,690.55, hitting a six-month low on the BSE in Monday's intra-day trade, on the back of heavy volumes. The stock of the financial services company hit its lowest level since June 10, 2021. It had hit a 52-week high of Rs 4,064 on September 1, 2021 and a 52-week low of Rs 1,473.20 on December 11, 2020.

At 09:15 am, around 1.56 million equity shares, representing 3.18 per cent of total equity of CAMS, changed hands on the BSE. The names of the buyers and sellers