SIS Ltd’s (CMP: 366; Market Capitalisation: Rs 5,418 crore) March 2021 quarter results were below Street expectations. While the India business underperformed, international business held up well. However, some of the margin gains in the international business might be transitory. The cash logistics segment witnessed a turnaround on the back of increase in billing rate, diversified non-ATM business and a steep increase in cash in circulation, along with higher operating leverage. The buyback of Rs 100 crore will begin from May...
Moneycontrol Pro Panorama | Heading towards capitulation?
Sep 27, 2022 / 02:19 PM IST
In today’s edition of Moneycontrol Pro Panorama: New opportunities and challenges for solar sector, slow GDP likely in India's future, online gaming ecosystem in trouble, what's driving the SME IPO frenzy, and moreRead Now
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