AGS Transact Begins Deployment of ATMs for State Bank of India; AGS Shares Jump 7%

MT Newswires Live06-12

Payment processing solutions provider AGS Transact Technologies (NSE:AGSTRA, BOM:543451) has started the deployment of 1,350 ATMs for State Bank of India (NSE:SBIN, BOM:500112), according to a press release filed with the Indian bourses on Wednesday.

AGS received the order for these ATMs during fiscal 2024 which ended March 31.

The delivery of the machines is expected to be completed in the first half of the current fiscal year, the release said.

Shares of AGS went up 7% in recent trade.

Price (INR): ₹79.77, Change: ₹+5.50, Percent Change: +7.41%

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