India's AGS Transact Technologies rises on contract extension from Indian Bank

Indian Bank

10/10/2024 10:53

** Shares of payment solutions provider AGS Transact
Technologies  AGST.NS  rise 5.4% to 98.11 rupees
    ** Co says it got contract extension from Indian Bank
 INBA.NS  for reconciliation of card and non-card transactions
        ** Says projected revenue from contract is 500 mln
rupees ($6 mln) over three years
  
    ** Stock up 4.2% YTD

($1 = 83.9360 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))