Buy AGS Transact Technologies, target price Rs 120: HDFC Securities

HDFC Securities has buy call on AGS Transact Technologies with a target price of Rs 120. The current market price of AGS Transact Technologies is Rs 78.5.

AGS Transact Technologies Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 950.59 Crore) operating in General sector.

AGS Transact Technologies Ltd. key Products/Revenue Segments include Sale of services, Automation Parts and Automated Teller Machines (ATM) for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 420.58 Crore, down -1.55 % from last quarter Total Income of Rs 427.20 Crore and down -13.40 % from last year same quarter Total Income of Rs 485.63 Crore. Company reported net profit after tax of Rs 20.67 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 65.52 per cent stake in the company as of 30-Jun-2022, while FIIs owned 5.6 per cent, DIIs 7.46 per cent.