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CAMS surges 16% in two trading sessions, hits highest level since listing

The company was deemed eligible as central record keeping agency under the National Pension Scheme

Following the sharp run-up, returns are expected to plateau.
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he stock was quoting at its highest level since its listing in October 2020.

SI Reporter Mumbai
Shares of Computer Age Management Services (CAMS) rallied 9 per cent to Rs 1,752 on the BSE in the intra-day trade on Monday, surging 16 per cent in the past two trading days, on the back of heavy volumes. The stock was quoting at its highest level since its listing in October 2020.

At 01:43 pm, CAMS was trading 7 per cent higher, as compared to a 0.82-per cent decline in the S&P BSE Sensex. Trading volumes on the counter jumped an over four-fold and a combined 1.3 million equity shares had changed hands on the NSE and BSE till the