AGS Transact Technologies rises on winning order of Rs 1,100 crore from SBI
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AGS Transact Technologies is currently trading at Rs. 83.99, up by 5.53 points or 7.05% from its previous closing of Rs. 78.46 on the BSE.
The scrip opened at Rs. 83.99 and has touched a high and low of Rs. 86.84 and Rs. 82.00 respectively. So far 14306 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.84 on 17-Nov-2023 and a 52 week low of Rs. 44.00 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 80.84 and Rs. 67.68 respectively. The current market cap of the company is Rs. 952.53 crore.
The promoters holding in the company stood at 65.52%, while Institutions and Non-Institutions held 5.29% and 29.19% respectively.
AGS Transact Technologies has won order of Rs 1,100 crore over 7 years for deploying 2,500+ ATMs under Outsourced/Managed Services portfolio from the State Bank of India (SBI), India’s largest PSU bank. AGS Transact will deploy these ATMs on a Transaction fee basis under the Total Outsourcing Model. The company will begin the deployment of these new ATMs in the next calendar year. As of September 30, 2023, AGS Transact Technologies has installed, managed, or maintained 77,658 ATMs/CRMs across 2200 cities and towns in India.
AGS Transact Technologies operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments.
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