Posts tagged AGS Transact Technologies
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| 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: | HDFC Sec |