India's AGS Transact Tech gains on prepaid card deal with IOC
** Shares of AGS Transact Technologies AGST.NS jump 4.5%
to 110.86 rupees
** The payment solutions firm said it starts prepaid card
platform for Indian Oil Corp IOC.NS
** Expects deal to generate rev of 580 mln rupees (~$7 mln)
over five years
** Stock had slid 4.8% in the previous session
** At current price, stock up 20% YTD
($1 = 83.9630 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
Recent news on AGS Transact Technologies
See all newsMedia: India's CMS Info Systems gets 1,000 ATMs, cash dispensers' contract from India Post Payments Bank - ET
Anticipating A Delay In Declaration Of Financial Statements
Brief: Ags Transact Anticipates Delay In Financial Statements Due To Personnel Shortages, Vacancies
Brief: AGS Transact Says Sudip Bandyopadhyay Resigns As Non-Executive, Non-Independent Director
India's AGS Transact says CFO, two executive directors resign