CAMS, JK Cement, Muthoot among 5 stock saw brokerage initiations; check targets
Bajaj Broking said that Zaggle is well-positioned in rapidly growing fintech sector, aided by strong banking partnerships, diversified revenue streams, and an aggressive expansion strategy.


- Apr 3, 2025,
- Updated Apr 3, 2025 9:37 AM IST
Select stocks including Entero Healthcare Solutions, Zaggle Prepaid Ocean Services, Computer Age Management Services (CAMS), JK Cement, and Muthoot Finance have seen fresh interest from the various brokerage firms, who have recently initiated their coverage on these companies.
CAMS is India’s largest registrar and transfer agent of AMCs with an aggregate market share of 68 per cent based on mutual fund AAUM managed by its clients and serviced by it. In Q3FY25, it serviced Rs 46.3 lakh crore AUM. In Q3FY25 equity net inflows touched Rs 97,000 crore, which is a staggering 89 per cent increase on a YoY basis, said Geojit.
"The penetration potential of the industry is high. Being the market leader, CAMS is all set to capitalize on this huge growth potential supported by a healthy balance sheet and return ratios. CAMS is currently trading at 36 times (5 year average at 40 times), we value at 36 times to arrive at a target price of Rs 4,425, recommend 'accumulate' rating," it added.
Select stocks including Entero Healthcare Solutions, Zaggle Prepaid Ocean Services, Computer Age Management Services (CAMS), JK Cement, and Muthoot Finance have seen fresh interest from the various brokerage firms, who have recently initiated their coverage on these companies.
CAMS is India’s largest registrar and transfer agent of AMCs with an aggregate market share of 68 per cent based on mutual fund AAUM managed by its clients and serviced by it. In Q3FY25, it serviced Rs 46.3 lakh crore AUM. In Q3FY25 equity net inflows touched Rs 97,000 crore, which is a staggering 89 per cent increase on a YoY basis, said Geojit.
"The penetration potential of the industry is high. Being the market leader, CAMS is all set to capitalize on this huge growth potential supported by a healthy balance sheet and return ratios. CAMS is currently trading at 36 times (5 year average at 40 times), we value at 36 times to arrive at a target price of Rs 4,425, recommend 'accumulate' rating," it added.