Monthly archives for October, 2022
Latest Research Reports On Stocks By Leading Brokerages: If you have any research reports that you would like to share with us, please send it to michael@rakesh-jhunjhunwala.in or to admin@rakesh-jhunjhunwala.in. (The pre-June 2016 reports are available here).
| AGS Transact Technologies is a BUY for 48% Upside: HDFC Securities | |
| Company: | AGS Transact Technologies |
| Brokerage: | HDFC Sec |
| Date of report: | September 23, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 48% |
| Summary: | AGS Transact Technologies Ltd (AGS) is the second largest ATM outsourcing and cash management player in India, with a 15/30% market share. The company has been able to sustain the impact of COVID-19 (ATM transactions declined by ~30%), supported by its strong and sticky relationship with top Indian banks and upward revision in interchange fees by ~14% by the regulator |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | AGS Transact Technologies, HDFC Sec |