AGS is 2nd largest ATM outsourcing & cash management player in India

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Vidhi Khanna, Oct 1, 2022 at 11:42 AM.

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  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    AGS is 2nd largest ATM outsourcing & cash management player in India with 15/30% market share. It has strong & sticky relationship with top banks. Interchange fees are increased by ~14% by RBI. Strong CAGR of ~28% over FY19-22. BUY for target price of 123 (48% gain)

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    Vidhi Khanna, Oct 1, 2022 at 11:42 AM
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