CMS Info Systems jumps on completing execution of Managed Services mandate of over 5200 ATMs for PNB
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CMS Info Systems is currently trading at Rs. 355.05, up by 7.35 points or 2.11% from its previous closing of Rs. 347.70 on the BSE.
The scrip opened at Rs. 349.05 and has touched a high and low of Rs. 357.50 and Rs. 348.55 respectively. So far 74728 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 361.00 on 21-Jun-2023 and a 52 week low of Rs. 212.80 on 27-Jun-2022.
Last one week high and low of the scrip stood at Rs. 361.00 and Rs. 325.55 respectively. The current market cap of the company is Rs. 5482.75 crore.
The promoters holding in the company stood at 60.24%, while Institutions and Non-Institutions held 25.70% and 14.06% respectively.
CMS Info Systems has completed the execution of ATM Managed Services of over 5,200 ATMs for Punjab National Bank (PNB) across 526 cities and towns in 26 states. The completion of this mandate makes CMS the largest ATM Managed Services provider to PNB.
The mandate includes end-to-end management of their designated ATM network through a single point of accountability including monitoring, cash management and forecasting of cash replenishments, and ensuring high availability and uptime.
CMS Info Systems caters to broad set of outsourcing requirements for banks, financial institutions, organized retail and e-commerce companies in India.
