The stock has more than quadrupled since then, a sharp reversal after languishing below its issue price for nearly six months. What has sparked this dramatic turnaround?
Perhaps, the market's realization that KFin's business as a registrar and transfer agent (RTA) offers a proxy play on the mutual fund (MF) industry. With only two dominant players—KFin and Computer Age Management Services Ltd (CAMS)—the sector presents a significant growth opportunity. KFin's market capitalization has surpassed that of CAMS, which services over two-thirds of the total MF industry's assets under management (AUM). Since KFin's listing, its shares have surged 300%, compared to CAMS's 100% gains. Is this surge justified?
Denne historien er fra December 27, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 27, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Small investors chase new fancy in unlisted avenue
Lured by the promise of outsized returns, early access to high-growth companies, and lower fees, retail investors are venturing into the unregulated and risky world of unlisted securities.
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Higher returns from small-ticket loans, govt schemes tempt mortgage lenders
Suzuki, the man behind India's people's car, dies
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Room to grow
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Services exports save the day for current account in Sep quarter
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EVs at airports to cut emissions
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India's Textile Exports a Silver Lining as Trade Deficit Widens
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JSW Neo to acquire 02 Power; EQT and Temasek to exit
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Rupee falls to record low as dollar bids spike
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